Well,
For those who don't know "HYIP" stands for "High Yield Investment Program")..and basically thats a fund that promises 1% or more in return daily. I think thats extremely high for investment strategy? How those guys trade your money? Are they all pyramids?
Thank you :)
2007-03-02 07:31:25 · 7 answers · asked by Anonymous in Business & Finance ➔ Investing
These "High Yield Investment Programs" (HYIP) are usually scams. I have never heard of a legitimate one. The US Treasury department considers the phrase "high yield investment program" a red flag that you are probably dealing with a scam.
2007-03-02 07:46:39 · answer #1 · answered by Anonymous · 2⤊ 0⤋
In my experience, the online HYIPs I've looked end up being pyramids. Participants boast unrealistic returns and most collapse even before the payouts occur.
I have looked into HYIPs, but cannot find any worthwhile ones. I can't trust any of the data -- because if the actual contributions and returns were posted, these programs wouldn't look so attractive.
I know I'm probably preaching to the choir. Good luck if you move forward with your tests of these programs. Hope that some work for you and will prove me wrong.
2007-03-02 07:47:08 · answer #2 · answered by strayinma 4 · 0⤊ 0⤋
HYIP is reliable but not for long term. Most of the HYIP company will close their business immediately without notice one they have earned more. If you want to earn money through HYIP you must ensure that the company is still new and do not invest for long term. Some HYIP company promised to give the payout after 100 days of your investment. This is not a good option go for the shortest period of pay out like a week or two.
Login here: http://www.strike7alliance.com/?ref=fay23 this HYIP company is very new and all the transaction is visible.
2007-03-02 20:06:09 · answer #3 · answered by Ham_Tan 1 · 0⤊ 2⤋
Hi. Well almost all the HYIP are "Ponzi Eschemes", just pyramids. I investigate more than 200 HYIP and all are pyramids. You can invest (a little) when the HYIP begin (maybe the first day) them go out fast.
2007-03-02 07:43:09 · answer #4 · answered by Linkfax 1 · 0⤊ 0⤋
Google "Charles Ponzi"
That should explain all you need to know about how HYIP's really work.
2007-03-05 16:23:41 · answer #5 · answered by Wolfman 4 · 0⤊ 0⤋
Don't join any hyip sites, you will lose your many , there are many scams
2007-03-04 23:26:09 · answer #6 · answered by dogi 1 · 0⤊ 0⤋
At that rate you will become the first trillionaire on the Planet starting with just $1,000.00 USD.
Do the math!
2007-03-02 17:04:19 · answer #7 · answered by Anonymous · 0⤊ 1⤋