Result from SportArbs Intl

My test spend at SportArbs matured on Sept 23. On checking my transactions, I noticed I was paid on 43 days, not 42. Not going to complain! Nett return was 45.8%.

Once my earnings were credited to my account, I had the opportunity to test the withdraw function. Disappointing to find a 1% fee is charged on withdrawals, minimum fee $3.00. On that basis, I would not recommend investing less than $100, unless you are happy to roll over for another 6 weeks.

After this 6 week trial, I now consider this program a safe, conservative investment vehicle, but still not in the league of GoldNuggetInvest.

Speaking of GNI, I successfully requested my 1st bank wire withdrawal this week. Will update here as soon as it hits my Aussie bank account.

Genius Funds continues to perform flawlessly, with automatic weekly compounding. Funds are tied up for a bit longer here, but the results are impressive! Click that blue banner on the left for details.

The Power of Compounding Interest

Compounding interest is a powerful earner, and that's why the banks use it all the time, especially on home mortgages. I know here in Australia banks calculate interest on the daily balance of a mortgage, and the total for the month is added to your account each month. That is why a fortnightly or even weekly payment can make a huge difference to the time it takes to pay off your loan.

Now, what if the shoe was on the other foot, and you were in a position to earn compounding interest? With GNI you can! Not daily, but definitely weekly, and believe me, it makes a huge difference to your investment.

Let me give you an example, using my GNI account deposit. These figures updated 20/07/09.

My initial deposit was $1434.00, eight weeks ago.
After 7 days I received $86.04 interest, or 6%
Had I not chosen to compound, that would be the same amount every week, earning me a total of $602.28 over the last 7 weeks. Not too shabby!

I did choose to compound, and have done so each week, as soon as the interest payment shows in my account. Today (I love Fridays!) my interest payment was $122.09, an increase of $36.05 over my first weekly payment of $86.04.
By continuing to compound each week, I will double my investment in just 13 weeks, at which time I will most likely withdraw a nice little bonus with which I can diversify my holdings.

Do hope you choose to join me on this exciting ride. Start with just $50 at GNI.
To find out what your deposit will be worth in 12 months, use this handy compound interest calculator. Remember, the yearly interest is 312%, compounding 52 times, to give 6% per week. You will be amazed at the results achieved by compounding weekly.