Getting Set for a Long-Term Online Presence?
Forest4 (reviewed here) is a relatively new online investment company. We reviewed it only two weeks ago right after it began its online presence. They just announced that they have added Perfect Money and Payeer to the list of payment methods that they will accept for deposits and withdrawals to their two investment plans. This will be a welcome addition to investors who prefer these payment processors rather than crypto-currencies. Here is the brief announcement from Forest4 …
Perfect Money & Payeer
We are glad to announce that from now on we enabled today Perfect Money and Payeer and that this payment options are now available for deposits and withdrawals.
In case you missed our previous comments and review of this new program, I’d like to repeat a few things that we said about it here. In our “First Thoughts” article about the Forest4 investment plans, we emphasized how simple they are to understand. Here is what we said at that time…
Forest4 offers two investment plans. We are pleased to note that the website presents them in the clearest possible manner, each with an example of how the plan works. The first plan is called “Plan Four” and, as the name might imply, pays 4% gross daily interest for 38 business days. Your investment is returned as part of these payments. The second plan is called “Plan 115” and it pays 115% after a period of 15 calendar days. Your investment is part of this return. Both plans have a minimum investment of $20. The sky is the limit on the other end.
When we reviewed the Forest4 program, we made the surprising discovery that the two investment plans are equally profitable; they have the same DNI (pay the same average daily net interest) — exactly 1%. We emphasized that there is nothing wrong with this since the two investment plans are very different types. The investor simply chooses the plan that best suits his “investment personality.” Here is the concluding statement from our review.
The Forest4 investment program offers two very different types of investment plans that are equally profitable on a daily basis. One is fairly long term (52 days) while the other is fairly short term (25 days). Given that the plans are equally profitable, the choice of plan will largely depend on the temperament of the investor.
We should have also noted that, given that the interest paid by the Forest4 investment plans is relatively conservative, the program has a better than average potential for long-term survivability. The average profit of 1% per day comes out to 7% per week. Not bad at all…
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