Are Online High Yield Investment Programs Legitimate?

[bboyben95]

For those of you that have used Genius Funds for a decent amount of time, are you able to take out what you've invested [and the interest] whenever you want?

[Administrator]

Heh...my bank's anti-fraud called me today to double check that the credit card charge for $56 to AlertPay was legit.  AlertPay isn't based in America, so to my bank, it was odd to suddenly see a charge coming from another country.

I'm kind of confused though...which earns more money?  The weekly, or the daily option?  My math shows that the weekly option would.  Its currently 6.3%, while the daily is only 1.1%.  Even with compounding 5 times a week (Since it doesn't earn money on weekends), the daily only comes out to 5.6% weekly.  Yet, the weekly option is described as "Long-term investment generating moderate regular income." while the daily one is described as "Long-term investment generating maximum regular income."   So...which is it?

So your bank assumes it's fraud, and the HYIP can't even quote interest rates correctly.  And you're sending them money?!  FC is in the wrong business...

[bboyben95]

Haha it DOES sound too good to be true..but members like oldbuddy say they use it? Can anyone that ACTUALLY uses this tell me whether or not they've gotten real results from this? That they actually took out of the program and were able to use?

[Sohcahtoa]

So your bank assumes it's fraud, and the HYIP can't even quote interest rates correctly.  And you're sending them money?!  FC is in the wrong business...

My bank only assumed it was fraud due to the sudden charge coming from Canada to AlertPay.  As for Genius Funds not knowing which one will generate maximum income...yeah not sure what to say about that one.

[kirbymiester]

So your bank assumes it's fraud, and the HYIP can't even quote interest rates correctly.  And you're sending them money?!  FC is in the wrong business...

My bank only assumed it was fraud due to the sudden charge coming from Canada to AlertPay.  As for Genius Funds not knowing which one will generate maximum income...yeah not sure what to say about that one.

Hahaha the maximum income thing is because the more you invest, the more the daily fund earns you. In the 0-500 investment range, the weekly one wins, but in the 5000+ investment range, the daily one wins. Simple as that.

Haha it DOES sound too good to be true..but members like oldbuddy say they use it? Can anyone that ACTUALLY uses this tell me whether or not they've gotten real results from this? That they actually took out of the program and were able to use?

Yes bboyben95, I have literally taken out money that I was able to use (and have used). I will tell you though that the amount I took out was less than the amount I put in, so I don't know if that really matters to you.

[oldbuddy]

YesI have actually taken out real money and transfered from AlertPay to my regular bank account to spend. I'm on vacation in the Florida Keys enjoying the sunshine with some of it right now. I just checked and when I get home tomorrow I have another $500 to withdraw that collected up while I have been gone including one $300 commission for doing nothing but getting a referral that invested. Long live Genius Funds, but if not it was free money anyway and I'll just keep clicking here to get more.

[Sohcahtoa]

The only problem I have with Genius Funds is how long it will take me to get my original investment back.  It is currently earning 6.5% weekly, which will end up taking about 12 weeks to double my money.  And even then, I have to wait 150 business days before withdrawing it.

And then there's the dilemma...do I take out my original investment after my money has been doubled?  Or do I let it ride longer?  Taking it out sooner is a lower risk, but will cost me heavily in long term profits.

My original investment was $56.  At 6.5% weekly, it would grow to $1,480 after 1 year (52 weeks).  After 2 years (104 weeks), it would be $39,133.  After 3 years (156 weeks) $1,034,491.  That's all assuming I never take out my original investment.

On the other hand, if I set my reinvestment rate to 0% to get my original investment out soonest, then it would take 14 weeks for me to be able to withdraw the money the soonest.  Then after 142 more weeks, I will have $428,383.  So after 3 years, taking my original investment out ASAP would cost me over half a million dollars.  To extend this even further, if after 4 years I never took anything out, I would have $27,346,795, while if I took out my original investment ASAP, I would have earned $11,324,314.  It will have cost me about $16 million.

However, that's all assuming that Genius Funds actually survives that long.  I have my doubts, which is why I only invested what I could afford to lose.  I'll probably let it ride for a year then pull out a few hundred and be happy, then let the rest go wild.  I HIGHLY HIGHLY doubt that I could ever turn this into even $10,000.  Its just way too good to be true.  In my College Algebra class, we learned about compounding and exponential growth.  It works too well when you're compounding at 6% every week.

Once I reach $15384, I will be pulling out $1,000 a week.  I could live off of it.  15384 = 56 * 1.065^x    x ~= 89.  So with a $56 initial investment, it would take about 89 weeks before I'd make $1,000 a week in interest.  Just under 2 years.

I still say its too good to be true, but if IS...then DAMN!

[oldbuddy]

The only problem I have with Genius Funds is how long it will take me to get my original investment back.  It is currently earning 6.5% weekly, which will end up taking about 12 weeks to double my money.  And even then, I have to wait 150 business days before withdrawing it.

And then there's the dilemma...do I take out my original investment after my money has been doubled?  Or do I let it ride longer?  Taking it out sooner is a lower risk, but will cost me heavily in long term profits.

My original investment was $56.  At 6.5% weekly, it would grow to $1,480 after 1 year (52 weeks).  After 2 years (104 weeks), it would be $39,133.  After 3 years (156 weeks) $1,034,491.  That's all assuming I never take out my original investment.

On the other hand, if I set my reinvestment rate to 0% to get my original investment out soonest, then it would take 14 weeks for me to be able to withdraw the money the soonest.  Then after 142 more weeks, I will have $428,383.  So after 3 years, taking my original investment out ASAP would cost me over half a million dollars.  To extend this even further, if after 4 years I never took anything out, I would have $27,346,795, while if I took out my original investment ASAP, I would have earned $11,324,314.  It will have cost me about $16 million.

However, that's all assuming that Genius Funds actually survives that long.  I have my doubts, which is why I only invested what I could afford to lose.  I'll probably let it ride for a year then pull out a few hundred and be happy, then let the rest go wild.  I HIGHLY HIGHLY doubt that I could ever turn this into even $10,000.  Its just way too good to be true.  In my College Algebra class, we learned about compounding and exponential growth.  It works too well when you're compounding at 6% every week.

Once I reach $15384, I will be pulling out $1,000 a week.  I could live off of it.  15384 = 56 * 1.065^x    x ~= 89.  So with a $56 initial investment, it would take about 89 weeks before I'd make $1,000 a week in interest.  Just under 2 years.

I still say its too good to be true, but if IS...then DAMN!

No doubt your greed will eventually consume you. You said it yourself, the odds are it will eventually fail, so why not start getting paid sooner? I am into this four months and ONLY use money I got free online, so I don't have ANYTHING to recover at all, it ALL came to me free. Now I withdraw 50% and reinvest the rest for a stream of income I can spend for fun as well as more every day as it continues to grow, WITHOUT ANY RISK. If it crashes, I will just do it again with a new program, which I have already done several times. If you think this one is good, I had Ad-Ventures4u paying me over $6,000 a month and still get an occasional payment from them. Trust me, I'm not crying because they quit paying so well, I just moved on to the next one.

Now I'll give you the REAL key to the vault. Most of that money came from REFERRALS, just like it does here. Even my Genius Funds currently contain $534.29 that is compounding for more growth and it just gets better every day. If I can do that in 4 months, WHY WOULD I WAIT? There is more where that came from. All I need to do is keep making it easy for people to find me and I don't even need to look for it. When you get to this phase money is attracted to you like iron filings to a magnet.

[Sohcahtoa]

I think I've finalized my plan.  I will let it ride for 1 full year. At that point, I will have about $1,500.  From then on, I'll change my reinvestment rate to 50%.  If I'm still earning 6.5% then, that means that each week will earn about $97.50.  Half of that gets reinvested, the other ~$50 I will be taking back.  This will earn me an extra ~$200/month, but will grow slowly.  Assuming the yield stays the same, and Genius Funds doesn't vanish, this income will grow to about $250/week by the end of next year.

And again, if Genius Funds vanishes at any time before I start actually receiving my money, I'm fine.  It was only a $56 initial investment that won't really cost me anything to lose. 

Though I may add my next FusionCash payout to GeniusFunds to speed things up.  That might be awhile though.  I haven't done any FC offers other than the PTC in a long time.

[oldbuddy]

Don't overlook commissions for referrals actions, I had one last week that was $300 and all I did was stand around with my hand out. For the average person, recruiting referrals is the best paying job online no matter what program you do it for, INCLUDING Fusioncash.

[debraleesparks]

   This sounds like a pyramid scam to me. I rather not try anything like that.

[Sohcahtoa]

Don't overlook commissions for referrals actions, I had one last week that was $300 and all I did was stand around with my hand out. For the average person, recruiting referrals is the best paying job online no matter what program you do it for, INCLUDING Fusioncash.

How do you get referrals?  All my friends are smart enough to be skeptical about anything like this, especially since I lost $100 to HYIPs way back in the 12DP days (which was no big deal for me back then).  I could set up a blog, but how do you get traffic to your blog?  And as for YouTube videos, there's already dozens, if not hundreds of those out there describing money making sites.  How do you stand out?

[karenkpc]

hmmm....very interesting thread.  I may check out Genius Funds, then.  I stayed out of HYIP's (although I did get paid from a few several years ago), ever since the 12DP fiasco.  I agree with the referral take on maximising ANY program in which you are involved.  go viral on the traffic, socatoah, use the social networking sites, there's plenty of places to do free advertising if you google it, and you can always buy prospect lists from data collection agencies.  good thoughts for max earning, folks, no matter WHAT route you take to earn your bucks 

[oldbuddy]

Once you get well known enough, you don't need to look for them, they find you.

[oldbuddy]

  This sounds like a pyramid scam to me. I rather not try anything like that.

Heh heh, I hope you're not planning on Social Security, that's the biggest pyramid around.