BistInvest Announces New Investment Plans.
A few days ago in our News Commentary #191 (that you can read here), we passed the word along to investors that BistInvest would be offline for a number of days while they change server. We also expressed some concern that this might be a ploy by the company to buy some time before they close their doors. Well, we are happy to report that this concern was unnecessary as, not only is BistInvest back online, it has given their investment plans a major overhaul. In our First Thoughts article about BistInvest (that you can read here), we indicated that the company offered three investment plans, all of which pay interest daily on workdays and return your deposit at the end of the plan. The terms of investment were 30, 50, and 100 working days long. These are fairly long-term investment plans, especially the 100 working day plan as this is equivalent to over four and one half months! Well, all this is changed now! No more long-term plans. Everything else remains the same, but the lengths of the plans have been shortened to 10, 20, and 30 working days. Apparently, the folks at BistInvest listened to their investors who were asking for shorter term plans.
Interest rates in the new plans are the same as in the old plans. So, the change boils down to an investor not having to commit his deposit for long time periods before it is returned. This is the attractive feature of shorter term plans that hold your deposit till the end of the investment plan term. If an investor would like to earn for a longer period than the plan provides for, all he has to do is invest a second time after his first investment term is completed.
We at Emily News had already prepared a review of the BistInvest program that we planned to publish as soon as the program went back online. However, now with the changed investment plans, you will have to wait until tomorrow to receive it as we will update it to reflect the present (new) investment plans. Please stand by for the review coming very soon.
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