To HYIP Or Not To HYIP?

In case you are totally not familiar with this term, "HYIP," which stands for High Yield Investment Program, is a modern version of the infamous Ponzi scheme. One has to admit that "HYIP" sounds much more politically correct than the Ponzi scheme, but there is really little difference between the two. Obviously, no HYIP advertises itself as a Ponzi scheme as those are illegal. You can, however, easily recognize them by their claims of compounding your investment at the rates of 1-10% or even more daily, which clearly is not sustainable.

In an excellent ebook on making money online that I highly recommend, "Honest Income Program," HYIP is listed as one of the things to avoid along with 14 other useless or even harmful "business" ideas.

I must say that my opinion about HYIPs is somewhat different. I don't think that an average HYIP is any more harmful than a lottery and, in fact, the difference between the two is only in details. I would even say that you stand a greater chance of making some money with an HYIP than with a lottery, but your potential is much limited as HYIPs are bound to collapse either because they run out of new members or the owner of such a "private lottery" decides that it's just about the time to abscond with the loot and you end up holding a bag. However, in both cases the risks are about the same, although usually you can make some money with HYIPs if you are not greedy and play it for small gains and diversify across a few such programs.

There is also another benefit from HYIPs that is not so minor at all: you learn a disciplined conservative investing at a very small cost. The keyword is "small cost." Don't even think about throwing huge amounts of money at this. Treat it strictly the way you would treat a lottery. Most responsible, intelligent adults do not spend thousands of dollars a year on a lottery, but they may spend up to a hundred bucks and that's fine as long as this is not the money that you desperately need for other things. You do not want to be one of those people who have lost tens of thousands of dollars with those schemes. Yes, such people do exist...

Do I recommend playing HYIPs? As I said, only in moderation, and in moderation almost everything can be good, but never on a grander scale. Personally, I would never invest more than $10-20 per HYIP and no more than $100 altogether. On the other hand, you might as well check out "Honest Income Program" and go with the programs it offers. That, in my opinion, is even a better deal. Moreover, if you really ever decide to give HYIPs a try, by following the first of the programs this ebook presents, you will be able to earn $100-150 pretty easily within the first month and that should be enough to fund your HYIP investing account.

Waldemar Puszkarz, Ph.D., is a web veteran with 15 years of web surfing under his belt. By training, he is a theoretical physicist, but his interests are much broader than science and include trading financial markets, sports betting, poker, and researching online business opportunities. He is also an avid book reader and sports afficionado. Currently he is making his living mostly as a day trader. He has been in the trading trenches for almost a decade during which he has traded a variety of financial instruments. He is the owner and webmaster of Eminimethods.com (http://www.eminimethods.com) which provides free common sense trading education and simple trading systems for e-mini and stock markets as well as reviews of honest online business opportunities in Meet HOBO (http://www.eminimethods.com/HOBO.html) section of his site.

You can find more information about "Honest Income Program" on this author's website at: http://www.eminimethods.com/steven_ebook.html

Know How HYIP Monitors Work

Now, you can earn sizeable daily or monthly interest on your investment, thanks to High Yield Investment Programs or HYIP. And it could range anything between 5% monthly to even whopping 50% on a daily basis. But the catch is that, you will have to carry risk along with it. It's like putting your money at stake every day once you invest in HYIPs. There is no assurance whatsoever that your money is out of harm's way. But that doesn't mean that you will shy away from investing. The best you can do to combat the risk factor is to bag the latest information to arrive at the right decision.

You can literally fish from myriad sources of information about HYIP programs. But be just a little careful because most of them are not completely reliable. All you need to do is gather information from all the possible sources and then extract the much-needed ones about the respective programs. Always remember, having the right information under your belt is the first step towards becoming a successful investor.

HYIP monitors are the main sources of HYIP information. They list all HYIP sites and cater all the relevant information. Things like when the program began, the interest and fees or whether the program is paying or not, are to be found here. HYIP monitors function in a straightforward way. It simply monitors all the HYIP programs and sorts them by payouts, their preferences an age.

What actually happens is that, the monitor charges each HYIP, a listing fee that normally goes into the program as investment. Saying that, you will also find free listings and at times monitors who invest their own money. The HYIP then gets tagged as either "Paying" or "Not paying/Scam" depending on whether interest is received subject to the terms of the program. Furthermore, monitors have also made provision for the HYIP investors to rate and remark on the programs.

You will come across countless HYIP monitors, many of which list hundreds of HYIPs. It just goes to show the magnitude of competition in the air. You must know that Goldpoll is one of the largest HYIP portals. Conversely, another fine HYIP monitor is HYIPs Analysis. Now, from where does the HYIP monitors make their living. They earn from the interest paid by the HYIPs. Not just that, referral commissions spawned by their visitors who choose to invest in the program is also a means of their earning.

It's good to draw on HYIP monitors, but also make it a point to go through HYIP forums and read HYIP articles to educate yourself on matters of investment. It really works wonders especially if you are looking forward to investments. You can extract handy information easily. And reading articles and reviews available at HYIP Best is just the icing on the cake.

Alice Dexter is a successful writer and publisher of HYIP related issues, for more informative articles go to http://www.hyipreviewed.com

HYIP Investing: What You Need To Know

 People often ask me what is HYIP investing and why is it so popular? HYIP investing is called High Yield Investment Program and is an investment in high yield return opportunities, whether it is the Forex market or a bigger investment program. It is so popular because you have the potential of making a very good rate of return on your capital; much better than a bank or mutual fund investment.

Risky is the name of the game in the HYIP arena. If it
were not risky then the profits would not be as otentially high as they are. HYIPs come and go and the investor must understand that you should not spend more on these investments than one can afford. Not only do programs come and go but there is a lot of corruption in the community.

Scams are a big problem for the HYIP industry and can be very prevelent. The lure of easy money and taking advantage of people causes a lot of unstable programs. Always do background on the investments that you want to join. There are many resources for this such as forums or HYIP monitors. Programs promising returns that double your investment the next day is probable one to watch out for. Send emails with questions to the admins and check their contact information.

This leads me to my next subject of Due Diligence. Make sure you check out and investment program efore you invest your hard earned dollars. How long have they been around? What do other users in the forums say about the investment? Do they have a quality, professional looking website? Do they have legitimate contact information; email, phone numbers, fax numbers, address? What do HYIP monitoring sites say about their payouts? Alone these questions help, but if you can put them all together, then you probably have a solid program on your hands. There are tools out there to help you along, HYIP forums and HYIP monitoring sites.

What is the best strategy to use when investing in
programs? My personal preference is to use diversity. Spread your capital around to several programs instead of just one. That way if one fails you do not lose all your capital investment. A lot of small profit when added together equals a big profit.

Secondly, do not get over excited about a paying
opportunity. What do I mean by this, well just because it is paying well do not sink all your capital into this right away. Be patient. Work the strategy and it will pay off for you. Stay diversified; watch your programs and you will see a good return in the long run.

Always take your initial capital back out. If you have
invested 100 dollars and you make 5% per week you will earn 5 dollars for that week. Do not reinvest it; always take out your earnings until you get back your original capital. Once you have your original capital back, you can reinvest your earnings or compound your earnings.

Supplimenting your investment portfolio with HYIP is smart and profitable if you stick with your plan. Patience is a virtue.

OMEGA314 HYIP IS A SCAM!!

For those of you looking into HYIPs, or "high-yield investment programs", be very careful...don't spend more than you can afford to lose. Whichever HYIP you're looking into, as reputable as they may seem, there's a 99.999999999999999% chance that it is a SCAM. Such is the case with OMEGA314.COM/BUCKY, or OMEGA314. I believe it was Omega314.com originally, til they FUCKED people out of millions, now the same admin is back, about to take off with about 7-8 million dollars of investors money. The author personally invested $500, expecting to make a return on investment of $1140. Well, about a week after I joined, I tried to login to check stats, and it said my password was incorrect. So I requested password recovery. Guess what? NOTHING. I contacted admin for support saying, "Hey, what's the deal?" Their response: "If your unable to receive emails from us it is not our concern." WHAT????!!!! Are you fucking kidding me? That's your answer? BULLSHIT!!! I'm able to receive mail just fine,I allow ALL mail to get through, even spam.

Today I checked Gohyip.com, a monitoring service where users can rate different hyip's. I've posted over the last few months, and so have several others, a vote of VERY BAD. Guess what? THEY'VE ALL BEEN DELETED!!! Who's running this monitoring service, OMEGA314? One has to wonder. You can't even trust the monitoring services when it comes to this shit. There were 5 very bad votes today, and I guarantee they will be deleted by tomorrow morning 8/30/2006. Hopefully this article will get indexed quickly to help others avoid this scam. People, DO NOT invest in these HYIPs. Omega314 was supposedly the most reputable of 2006, and they're FUCKING PEOPLE OUT OF MILLIONS. OMEGA314.COM or OMEGA314.COM/BUCKY is a SCAM!!! Read that again: OMEGA314.COM is a SCAM!!!

Making a Living From High Yield Investment Programs

This is probably one of the most asked questions we get. "Is it possible to Make a living off of HYIPs?" The answer to this question is both "Yes," and "NO". Let us explain.

"YES" people can make a living off of HYIP investing. If they have the skill the drive, and the ability to recover from major losses. In theory, it is possible and often times probable to make a good living ($20,000-$50,000) per year in the HYIP arena. The problem is however, that in order to do this, the investor needs to take a major risk. Without the financial backing in case of bad investment decisions, many individuals do not and should not even consider making HYIP investing a career. This brings us to why this question can also be answered "NO".

"NO" people can not make a living off of HYIPs unless they are extremely skilled, and are already in a good financial situation. This can be said however for stock market and bond market investing as well. If you have half a million $'s then sure, you can live off of the earnings you make in the stock and bond markets, or turn to the more risky HYIPs to earn even higher returns.

The point of this article is to show that usually if you are looking to make a living on HYIPs, then you probably won't (and should not) be able to do it without risking a very large portion of your assets. On the other hand, those people who have a great deal of money and are not looking to make a living since they have more then enough funds to live off of, are the people who can make a living off of HYIPs. If you are desparate and looking for quick cash, then you should not be investing large sums of money in this arena, however if you are wealthy and looking to increase your wealth and have fun, the HYIP arena may be right for you.

In conclusion, those looking to make a living in this arena are those that probably won't, while those people who are not looking to make a living in HYIPs are usually the ones who do, but don't need to.Owner of some of the Largest Online Investing forums which include:
talkgold.com/forum
http://www.thehyipforum.com
http://www.web-life.org/vb
http://www.filesharingtalk.com

High Yield Investment Programs and Investing

I have recently started to get started with online currency. The current online currency of choice by basically all investment programs is e-gold.

To get started in online investing, you should first create an e-gold account and add funds to it. There are a few ways to fund your account. The first and most reliable way is to use an exchange service to transfer funds from your bank, credit card, or other forms of credit. E-gold has a list of them here. The second way is to exchange with a private person. The following sites are popular forums where members offer exchange between a large variety of different online currencies: GoldAge, TalkGold, and MMG. The third way to get money into your account is to join some kind of "Get Paid To" program. These programs will pay you to do things such as read emails, click links, and sign up for offers. They are useful if you can't fund your e-gold account by any other way and you have $0.00. The disadvantage is that they take a while to build up some funds. The programs that I have used and paid me are GoldAge (paid to post), and Donkeymails.

After getting at least $1 into your e-gold account, a bunch of new opportunities to make money are available. The ones that you should look for are HYIPs (High Yield Investment Programs). These programs offer a high rate of interest for depositing your money. These programs are risky and may run away with your money. The best way to minimize your risk is to do research on the program. Find out where its hosted at, search about it, check out forums posts about it, and check HYIP monitor sites about it. The key to making profit is not to put all your money into one program as it can drop and disappear at any time no matter how reliable it was in the past. History repeats itself over and over and some people never learn that no program can be trusted 100%. Sites that offer 10% daily or more are the riskiest.

If you are one of few successful investors who have made lots of profits, you may want to start thinking about investing a portion into low yield investment programs. These are much more reliable than HYIPs, but they offer much lower rates.

Programs to avoid: Matrix doubling programs - these are programs where you pay like $5 and get like $1 for every member you refer. It advertises that you can get thousands if your members refer more members and you get $1 for each in theory but it never actually works out. You will lose your money in 95% of these programs.

Poorly designed site - sites that have misspellings, grammar mistakes, and bad layout. These programs usually run by amateurs and those who can barely speak English. The risk for these programs are bigger than usual and the admin of the program is probably just out to make quick money off of you.

Game and betting sites - sites that offer games such as head/tails and state that you get 250% profit for winning. The truth is that the win rate for these programs is like 30% and you will lose your money. I have seen one of the scripts myself and saw that you can set what the win rate is.

Other sites: There seems to be a big craze and hype about a program called AGLOCO. However, I personally don't think it will be as successful as everyone thinks. There are like hundreds of people trying to get referrals for it and unless you are willing to spend money, time, and effort, I don't think you will get very far. It's your choice and you can go ahead and join it if you want and prove me wrong.

posted at Bofia's Blog

What are High Yield Investment Programs?

HYIPs are programs which pool together the funds of their
members to take advantage of investment opportunities,
like stock trading and foreign exchange (FOREX) trading
among others. These HYIPs attract funds from members
(known as "deposits" or "principal") by promising high
rates of interest payments, which explain why they are
termed "High Yield Investment Programs". Naturally,
the higher the promised interest rate, the higher the
risk borne by the members. This is due to the fact that
HYIPs pay off their members from the returns on their
own investments. Therefore, it is possible for the payouts
to exceed the HYIP?s own returns, especially when the
rate of interest payment is high. If such a situation
persists, the closure of the program would be inevitable
and members will stand to lose their principals.

Scams

A scam is a fraudulent business scheme and this is rampant
among HYIPs. Some HYIP owners abuse the trust of their
members by misrepresenting to them about their investment
strategy, when they have NONE. Consequently, they will
eventually run out of money to pay their members and most
of them just disappear into cyberspace, along with members?
hard earned money. Therefore, we hope to educate readers
by offering our humble advices on minimizing the
possibility of being cheated.

Ponzi Schemes

This is named after Charles Ponzi, an Italian who migrated
to the United States and became one of the greatest
swindlers in American history. His aliases include Charles
Ponei, Charles P. Bianchi, and Carlo. By paying off initial
investors with money obtained from the later investors,
Charles Ponzi managed to swindle $15 million from 40,000
investors from 1919 to 1920. This is how the term ?Ponzi
Scheme? was coined. You should be aware of the fact that
some HYIPs are actually pure Ponzi Schemes.

My Advice

1. Never join any HYIP that pays more than 3% interest
daily as it is next to impossible to afford such a high
payout on a regular basis.

2. Always do a Due Diligence check on the program.

3. Listen to what fellow investors have to say about the
program in the various hyip forums. Check if it has been
paying its members.

4. Diversify your funds by making deposits in several
reliable programs. This reduces the risk of loss you are
bearing. Even if one program shuts down, you still have
other programs as back-ups for you to recoup your losses
from.

5. Determine the coherency of the program?s investment
strategy. See if the owners know what they are talking
about and if they have a sound business plan.

6. It is not advisable to join a program that uses poor
language on its website. If the program has thousands of
dollars of deposits, they should be able to afford to
spend a few hundred to hire a professional publicist, or
at least someone with a decent command of English to
instill confidence among investors.

7. Just because the program is paying does not mean they
will continue to. Decide for yourself how long more the
program can sustain and whether it is likely for you to
make a profit.

8. Always read the FAQs and the terms of payment carefully.
You may discover some terms which may put you in a very
unfavourable position.

9. Invest only what you are prepared to lose. Expect the
worst but hope for the best. Be conservative when
calculating your profits. Do a scenario analysis. This
will put you in the correct frame of mind when deciding
the amount to deposit with a program.

10. Do not compound your interest until you have earned
your deposit back. This reduces the likelihood of you
losing money as some programs do not survive for long,
especially those without sound business plans.

For searching new HYIPs always use any good HYIP monitor
like http://www.thehyips.info . This information prevents
you from SCAM.