Passive Income on the Side

Genius Funds Payment Processor Recommendation

2009-12-17T13:32:00.002-05:00

There are six different ways to fund your account with Genius Funds. I currently use AlertPay because I can link my credit card and bank account to it, and it's very similar to PayPal.

DEPOSIT FUNDS

Method	Funding Options	Min	Processing
Liberty Reserve	Wire transfer, other e-currency exchange	$10	Immediate
Perfect Money	Wire transfer, other e-currency exchange	$10	Immediate
SolidTrustPay	Wire transfer, ACH debit, credit card	$50	2-3 hours
AlertPay	Wire transfer, ACH debit, credit card	$50	2-3 hours
StrictPay	Wire transfer, ACH debit, credit card	$50	2-3 hours
Bank Transfer	Bank Transfer (Direct, no fee)	$500	3-7 days
Bank Transfer	Bank Transfer (SwapGold, no fee)	$500	3-7 days

Although LibertyReserve and SolidTrustPay have the lowest initial deposits and it's an instant transaction, Alertpay is the easiest to fund your account with. All you have to do it set up an AlertPay account, add a credit card, then go to the Genius Funds website and deposit funds into your account. Once you have funds in your account, you're able to purchase either EMGF or WMBF shares, or even a combination of both.

If you want to get set up with AlertPay, follow the banner below.

Take Surveys and Read Email for Cash

2009-12-16T16:16:00.001-05:00

Here's another great site out there on the web that I wanted to share with all of you, SendEarnings.com I've been with this site for a few weeks now, and I must say it's one of the easiest ways to make a little cash here and there. They pay you for multiple things on their site including reading emails, taking surveys, shopping, and even playing games!

You even get $5 just for signing up with them, which is pretty nice. Basically you earn cash with this site for:

Reading Emails @ $0.02 each, they send you about 2-3 a day when you first start out, and they amount of emails and money for each one increases as you earn more on the site.

Taking Surveys @ $0.50 each, there are an unlimited amount of surveys that you can take, which only take about 10 minutes to complete.

Trying Products @ $0.10 - $15.00 each, similar to Net Income Solutions, you get paid to complete trial offers, or try out products such as Netflix or Proactive Solutions.

Cashback from Shopping @ 1%-20%, get money back from shopping online at popular sites that you already purchase from, including Dell, Newegg, Gap, etc.

Playing Games, earn money for each dollar spent on their partner arcade game site.

The minimum cash out for this site is $30, and they send you a check to the address you specify. Also, after earning $30, you become a Gold Member.

Gold Members receive more benefits that regular members including:

Weekly Payments

Better Referral Rewards

Double Monthly Sweepstakes entries

Exclusive Monthly Offers

So far I've earned $26.72, and that increases everyday as I read more emails and take surveys. I'll keep you all posted on my increased benefits once I become a Gold Member.

Get Paid to Complete Trial Offers

2009-12-16T13:54:00.002-05:00

For those of you who haven't heard about Net Income Solutions, it's a forum where members trade money for completed trial offers. When you sign up, you're assigned to a mentor who you will complete trial offers for, and in return they pay you $50 for each website of offers you complete.

Once on the offer website, you'll see a range of different products and services that you can try, which have different "credit values" ranging anywhere from 5 credits for an eMusic membership to even 50 credits to sign up for a credit card.

After you have completed enough offers to receive 100 credits, that means you "Go Green" for your mentor. The mentor will then submit the trade for review and once it's approved, you receive $50 in your paypal account! Simple huh?

You can do this each and every day if you wanted to, as there are plenty of offers to complete on ten different offer websites.

Also, NIS has a great offer going on now for new members. You'll get an extra $20 in your paypal account for getting your first "Green" anytime now through December 31st. So that's a possible $70 just with an hour or two of work on your computer at home.

So far I've gone "Green" twice for my mentor, so I've received $120 total to my paypal account. $70 for the first "Green" and $50 for the second.

What's in it for the mentors?

On those same offer sites that you completed trials on, the mentors need referrals to do it for them, so the site you completed the offers on was actually theirs, and they get different rewards for having a certain amount of people complete the offers on the site.

How do I become a mentor?

Becoming a mentor is part of method 2 on the site, which is one of many methods to make money on this site, including what you've just read before, which is method 1. To become a mentor, you have to have gone "Green" at least 5 times. After you have done that, it's possible for you to have referrals on your own offer websites. Go "Green" 10 times and you become a VIP member and automatically get assigned people who have recently joined the site on a rotation basis with the other VIP members.

Here are some examples of the offers I've completed on this site so you can get an idea of what you'll have to do:

Lifelock.com Trial Membership - 20 credits

CreditReport.com Free Credit Check - 15 Credits

eMusic Trial Membership - 5 Credits

Netflix Trial Membership - 10 Credits

Total Credits: 100

So you can now see how easy it is to make a quick $50 just by completing 5 trial offers! Sometimes it takes more offers depending on the credit value, and sometimes it takes fewer offers.

You can't "get rich quick" but this is a definite way to make an extra $500-1500 a month with just a few hours of work completing trial offers.

If you join up on the forum, look me up and send me a message. My username is unpurechaos.

Making Passive Income with Genius Funds

2009-12-15T10:15:00.002-05:00

Today I want to talk a little bit about my investment adventures with Genius Funds. I stumbled across this site while researching ways to make a little dough on the side, and it immediately struck me as being one of the most professional looking sites out of similar programs out there.

Genius Funds is a High Yield Investment Program (HYIP), which pays you dividends on your investment depending on how much you invest, and which program you choose.

Genius Funds have three separate investment programs:

The Emerging Market Growth Fund (EMGF) is a daily dividend fund, which pays out dividends each weekday between 1.0-1.9% interest depending on the funds performance, and how many shares you own. Each share takes 150 days to mature, meaning you can't sell the shares until you've had them for 150 days.

The World Bond Market Fund (WBMF) is a weekly dividend fund, which pays out dividends each Monday between 6-9% interest, again depending on the performance and how many shares you hold. Each share takes 180 days to mature.

Their latest addition is the Genius High-Yield Deposit Account (HYDA). Genius HYDA is a fixed interest deposit account, with no term deposit. No term deposit means you can withdraw from the account at anytime, and interest is payable daily.

The shares of EMGF and WBMF have three levels:

- Common Shares

- Preferred Shares

- Premium Shares

EMERGING MARKETS GROWTH FUND

Genius clearing symbol: EMGF

Investment objective: Long-term investment generating maximum regular income.

Minimum Initial investment
Common Shares:	USD 10
Preferred Shares:	USD 500
Premium Shares:	USD 5000

Income distribution
Distribution period:	Daily, at midnight CET next day
Dividend range:	1.0% - 1.2% for Common Shares, 1.1%-1.4% for Preferred Shares and 1.3%-1.9% for Premium Shares

WORLD BOND MARKET FUND

Genius clearing symbol: WBMF

Investment objective: Long-term investment generating moderate regular income.

Minimum Initial investment
Common Shares:	USD 10
Preferred Shares:	USD 500
Premium Shares:	USD 5000

Income distribution
Distribution period:	Weekly, on Mondays
Dividend range:	6.0% - 6.5% for Common shares, 6.5%-7.0% for Preferred Shares and 7.4%-9.0% for Premium shares

I've been infesting with Genius Funds for a couple days now and will keep everyone posted on the growth of my portfolio as well as dividend payments I've received.

So far, I've earned $6.29 in dividends with both the EMGF and the WBMF, with only $140 invested after 3 days! It takes weeks, or sometimes even months to generate that amount of interest with a savings account or a CD.

One thing I forgot to mention, if you really want to maximize your profits on the site, they have a setting where you can compound your interest earned, at either 25, 50, 75, or 100%. Basically compounding your interest means that you re-invest your interest earned at the setting you choose, and the next time your dividend is calculated it includes the extra interest you have re-invested as well.

My suggestion is to go to their site and play around with their Earnings Calculator (Click the "Our Funds" tab at the top, then it'll be on the left) and see how much you could be earning with different amounts of principal invested, as well as different compound settings.

For example,

Results
Fund	EMGF (No-sale period of 150 days)
Investment	$ 100.00
Term (Days)	150
Share class	Common shares; Preferred shares(after 136 days)
Cash income paid	$ 0.00
Reinvested (Compounded)	$ 513.07 through 100% reinvestment rate
Total income	$ 513.07

If you sell your shares after 150 days your total profit including sale return will be $ 613.07.

As always, it might be smart to first earn back what you invested before you start re-investing your earnings, but to each his own. Some people have more patience than others :)

Welcome!

2009-12-15T10:06:00.001-05:00

Hello and welcome to my latest blog, Passive Income on the Side! Visitors here will find information on how to earn some extra money on the side, as well as some ways that I do that myself through just a few programs.

Definitely Stay tuned on the updates.