HYIP Scam Info



             


Friday, February 1, 2008

Making Money In HYIPs

For the most part people should be wary of HYIPs, or High Yield Investment Programs. Many are scams where the investor is lying to take money of unsuspecting people. This is because the scam artists are claiming to be able to return the money with a percentage on top of the initial investment, guaranteed. When investing money, nothing is guaranteed. However with the right problem, money can be made. People should realize though that it will be in small amounts over a period of time.

Actually making money with an HYIP is similar to making it other ways. Don't keep all the money invested or it all could be lost. The key is to withdraw small amounts after a few paybacks from the initial investment. Getting greedy when someone is up a lot of money is a good way to lose it all. It's kind of like betting in Las Vegas. When the money is coming at someone, it's a good idea to bet smaller amounts so they don't lose it all at once. If there isn't as much there to lose, then there is money to invest somewhere else after the initial loss. Still remember even if part of the profit is taken out, there is no guarantee that the money still invested will earn. It could be lost at any time. Even programs that claim to have always earned a profit for the investor could suddenly change in luck and start to lose.

The key to knowing where to invest is to study and ask questions before investing. If someone knows the ins and outs of how an investment can win or lose money, they probably are less likely to lose it when things change. And remember that if the questions asked do not get plausible answers, it's probably not a good investment.

Another way to not lose all that is invested, and even possible make more money, is to have funds in different programs. That way if one is doing bad all the money a person has invested isn't lost because they are spread out. Chances are not every program someone is invested in is going to be doing poorly at the same time. And some programs may make money faster or with higher profits than others. Different programs have different risks and having some in all of these risk possibilities will help. A good rule of thumb is to have more money invested in lower risk programs than higher ones.

Raiel Schwartz has been in the HYIP Arena for several months and has been able to create a successful income online with HYIP Investing. He has recently wrote a report entitled Riding The Ponzi which outlines basic rules all HYIP Investors should know

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