Works kind of as expected. Had an unpleasant surprise today though. I threw some change in there a couple weeks ago and reinvested the interest a couple times a day or whenever i logged in and it built up some. I went to withdraw today and you have to pay a 10% fee to release your original principal AND on any interest you reinvested. Also, quite annoying is, there is no way to withdraw everything at once if you reinvested. You have to manually click on "release" for ever single time you reinvested. Lol. For me in the past 10-15 days that was about 35 different times clicking "release", "confirm", "back to release page".
So in short, when you invest, your money is instantly worth 10% less. You have to wait enough time to earn interest to make up for that 10% fee. You can withdraw the interest as it grows though and that won't be subject to the 10% release fee. Just don't reinvest it like I did.
So in short, when you invest, your money is instantly worth 10% less. You have to wait enough time to earn interest to make up for that 10% fee. You can withdraw the interest as it grows though and that won't be subject to the 10% release fee. Just don't reinvest it like I did.
So how long would you recommend waiting after first withdrawal?
I don't understand what you mean. "after first withdrawal"?
I have already had a payout (withdrawal) would it better to leave my investment as long as possible or wait a week maybe.
What would you suggest how long to wait? best option.
What was your initial investment and how much did you withdrawal? Also, I need to know what interest rate bracket you are in. Then, I can tell you when you are at break even.
