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We often get newbies emailing us asking whether or not investing
in HYIP's is worth the time and the risk. This is a great
question and the short answer is "it all depends".
First of all, the main question you must ask yourself before
investing in any HYIP is: "Do you plan on investing money that
you will definitely need in the future?" In other words, is your
life going to be made worse off if you lose the money that you
plan to invest? Unlike secure Stocks, Bonds, and other financial
investments, HYIP's differ in that they are more like a game of
poker than a true investment. As an HYIP investor you must be
able to tell if the Program admin is bluffing or telling the
truth. Are there signs of a bluff, such as; massive advertising
campaigns, cheap hosting of the site, warnings from other
investors, or extremely high payout claims? If so then you can
avoid that particular program. The problem is that not everyone
is a poker (HYIP) expert. It's often hard to distinguish between
a bluffer or an honest admin.
Also just like poker, you shouldn't go in expecting to play one
hand and leave a winner. You must bring enough money to the
table to play a while and use your skills to outsmart your
opponent. People often email us asking where they should invest
their $5. We usually respond telling them to put it in the bank
instead. In our opinion you should not be investing in HYIP's
with under $50. Why do we say this? Well usually the less money
you have to invest, the more of a return you want to earn. With
only $5, investing in a program that pays 5% per week (even
though it's probably more stable) would not be appelaing since
you would only earn 25 cents per week. Instead, most people with
low amounts of money tend to go for the big quick payers, ie.
programs that offer 10% per day or more. Usually these programs
are scams right from the start. If however, you have $1000 to
invest you can easily put it in several low paying secure
programs (perhaps 5 programs each paying between 4-10% per
week). This way you are earning a noticable amount while also
being safe and secure.
The best advice we can give you is to learn a strategy. Just
like in Poker, a smart player can outsmart his/her opponents and
walk away a winner.
About the author:
Owner of some of the Largest Online Investing forums which
include: HYIP & Autosurf
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