is hyip a good investment?

April 11, 2010 12:36am CST
i've been wondering for quite some time about hyip. what are they really? how do they work? is it a good investment? what hyip sites that has proved paying? i really hope mylotters can help me with this issue. thanks :)
3 responses
@SQD444 (679)
• India
11 Apr 10
hi there.. i would advice you to stay away from them as all the hyips one day or her other will go scam.. thats what i have learned from my experience..genius funds which was one of the most trusted one and recently they also turned scam.. hugmoney,finance nova,biotechinvfund etc are the other example which i have tried and lost...
@ookanuk (41)
• United States
22 Apr 10
I have been in the hyip arena for four months now. They are risky but you can make a profit. the key is diversification. a combo of short/long term progams and hi/low ROIs. Also don't approach hyip(s) as an investor. I(and you) treat hyip as an financial instrument for speculating. My current total return is 1.17% per day. Don't be greedy, create a good strategy and stick to it. Good luck!
@ally12 (1204)
• Philippines
14 Apr 10
Hyip can be a good investment but entails high risk.You may win or you may lose.Thats why it is always advised by most experienced business experts to invest money that you are capable to lose.As a newbie investor myself, I have a rule to only invest small amount to most reliable HYIP on web that I could find after of a thorough research.I better go slow but surely generate a small profit than invest big dollars aiming to be billionaire within a year.In short, dont be so greedy, just play your cards wisely and definitely youll have a gain in High yield investment programs.