Do you know about High Yield Funds? Is it real?

@megrawab (166)
Philippines
May 7, 2010 5:04am CST
A while ago I just registered to a new investing site that gives you a $2.50 immediately as an investment. Therefore I do not have to deposit first before I can invest. It's called High Yield Funds. Accdg to it's terms, one must deposit $1 to cash out their profits (that is to avoid abuse). Is this a trustworthy site? Share me your opinion about this, I put it on top of profile if you want to check.
2 responses
@jamed28 (1903)
• Philippines
7 May 10
I'd also do the same thing. I signed-up and got the $2.50 bonus. But the site requires you to invest $1.00 for you to be able to cash-out your earnings. So what I did is I'd invested $1.00 then after I'd earn $1.09, I cash it out. And it did pay me. Well I think they it is quite an honest site. The catch on this site is that, you cannot withdraw your investment. So if I where you, let you interest be add-up to your investment first. Then when your daily earning is quite enough then try NOT to add-up you daily earning so you can withdraw it later. Well good luck... just don't invest a large amount of money, because when they decided not to pay you, then there is no where and no way you can sue them. Well if thee is a way it's to difficult to run after them.
@megrawab (166)
• Philippines
8 May 10
Yeah. Thanks for this advise, actually, I'm thinking the same way too.I just wonder where do they invest the funds...
• India
7 May 10
I have discussed about this site in another discussion on this same page. I am a member in this site from few months. I am earning daily from this site. When ever the interest builds up to $1 or some thing like that, I used to withdraw. Some times I add up to the deposit. This site is started in 2004 and now it is 2010. The site survived 6 great years. In my opinion, so far, it is a genuine site. I don't know what would be the condition tomorrow.
@megrawab (166)
• Philippines
7 May 10
I though it's new.. If I have seen your posts that time, i have sign-up on you. Thanks for this reply... How much do you get per month??? I really want to get cautious on this site because it looks like clixsense (do you know this?) in layout...