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News Commentary #192 — Renaissance Invest First Thoughts

First Thoughts on Renaissance Invest.

Renaissance Invest (RI for short!) just began a “Gold” listing on the Emily News monitor. The company appears to be new, its incorporation papers indicating it only registered this past June. According to the website, they are an investment company that invests in the cutting edge aspects of industry, robotics, medicine, and even tourism. There is a very informative introductory video about the company on the website that you can conveniently access by clicking on the video screen icon in the program listing in the Emily News monitor.

RI offers three investment plans. All are 180 calendar days long and return your principal at the end of the investment term. So, at half a year long, these are definitely long-term investment plans. The tricky thing about the plans is that your daily interest is only paid on working days; weekends and holidays are excluded. This is a little hard to understand at first. However, we’ll go over exactly how the investment plans work when we do a review of the program. It is worth noting that the interest rates that are offered by RI are all in a realistic range. So, with good management, the prognosis for the long-term survival of the program is fairly good.

The website is essentially one page long; all the information about the program is contained in one spot. If you click on a tab at the top of the main page (for example the “about us” tab), you will simply be moved to the part of the main page containing that information. However, the place where you WILL find new information is in your account page once you have registered for the program. It is here that you will discover a great amount of detail about how the investment plans work. For example, the FAQ (on the main page) indicates that you can withdraw your principal at any time. However, it’s not till you get into your account that you will learn there are heavy penalties for doing this.

Please stand by for more information on this promising program when we do a detailed review of it a few days from now…

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