Stocks or HYIP? where I should invest? Guide please

India
May 12, 2010 1:36am CST
Hello friends!! As I asked to how I can make 2000$ in 4 months... I came out with several options... One option is investment... I don't have enough money to invest and if I will invest even... then I want to be sure that I get good profit from that... I am an engineer so don't have knowledge of HYIP and Stocks both... but net shows that these are good sources for making money... Please help me which one I should chose to invest... If i will lose my money then i will really a big loser... If you tried any good HYIP site and giving you good profit then please tell me as well... Where I should invest in stock market or in HYIP...I am from India...so which one will be best option for me? Thanks
1 person likes this
3 responses
@pierone (1895)
• Italy
12 May 10
Definitely I suggest you to put the money in the stocks market or in the forex market. Both of them are high risk, you can lose lot of money if you do the wrong investment but, at least, you will know you lose the money because your wrong actions. Put the money in HYIP is the best way to waste the money. As you maybe knows, in the past weeks 2 of the "best reputated" HYIP (HIFunds and GenialFunds), runned away with the money of all the members. If you really want start investing in HYIP put just a little money there. Anyway, stocks, forex, HYIP are things that you should do with the money you don't need. You should put in these stuff only the money you can afford to lose without problems. Now seems you're in needing of money, so I don't guess is a good idea put the money you already have in something that have lot of probabilities let you lose your money. Best wishes.
1 person likes this
• India
12 May 10
Hello friend... Yes, I can see risk on all these friend... but want to make good money thats why i was thinking to invest... I don't have enough knowledge about HYIP or stocks but both looks luring ... I am making my mind to invest in stock market know... Thanks friend for your valuable response and guiding me... Have nice time.. Happy myLotting!!
• South Africa
13 May 10
I forgot to tell you thats over a 120 day period and you get you intital investment back plus your earnings if you leave it in for the term, you then have an option to re invest if you wish for another 120 day period which is what i do with my profit after taking out my intial investment so then its all profit and its not your money you are then investing with should the worse happen and they crashed.Forex is known as a high risk but life is a risk also, i took this risk and am glad i have as i am now making a living this way. Regards Roger
• India
13 May 10
Welcome to myLot!! It is amazing portal to share your views but please remember:::: Do not to write your referral link ever in discussions... Read the rules well.. Thanks for your valuable suggestion... i have just seen the site.. i found it really interesting... good to invest i think.. but do you have any proof for its earning... if yes then please send me message... Alice please do not delete the discussion please due that referral link.... I really need help regarding investments and such schemes... Thanks... Its a request from one small member of your huge family...
@babshish (1390)
• India
12 May 10
Hi Sandeep, Both are risky, but I would suggest to invest in Stocks instead of HYIPs. As HYIPs are totally unsecure and very risky compared to Stocks. Recently most of the well known HYIP sites have became scam which were online from many years and were paying its members. SO in HYIP more chances of losing your CAPITAL.Whereas in stock it is not that way. YOu may loose a bit percentage of your principal amount. Before investing in any stock study about the same, its future prospects and past performance and invest accordingly. Currently I would suggest you to sit on cash and invest when the stock market dips. And invest in parts which willl help you to average your cost. And if you will invest for long term in Stock you will definately get profit.
1 person likes this
• India
12 May 10
Thanks for your valuable suggestion friend.. I will think to invest in stock market now... Yes, i need to make enough research on it before I invest as I don't want to lose even a single penny neither have time to make experiments that I can lose in another and can invest in other... So, I will make research well about stocks and will invest in it... Any good sites for Indians for investing...? Thanks friend... Take care Happy myLotting!!
@babshish (1390)
• India
12 May 10
There are many forums, One of the best is Orkut and join Indain Stock Market community. You will find all the techinacal stuff and analysis and news about stock market and trading. It is really a good place for learning as well as to keep uptodate at some extent on Indian Stock Market.
@pinnibabu (135)
12 May 10
hello, I would suggest the traditional way of putting your money in the MIS post office. U can convert the monthly interest into an RD. This is from my personal experience of having invested in stocks. I agree it was my mistake that I got into stocks at the wrong time. Stocks no doubt gives a good return only if the investments are correct. A single mistake there is no way u can come out. A strong heart, patience and good knowledge is the key to invest in stocks. All the best.
• India
12 May 10
Hello friend!! You are right that one need brave heart to be in stock market... as there is huge risk and a single wrong step can make huge losses Also so much stress involved with it... As you mentioned depositing money in the MIS post office... I need quick money and i have to earn that... i wanted to invest a little may be about 50 to 100$... but if I deposit in post office then to make interest it will be negligible interest which i can make in four months which i am targeting to make good amount... Thanks for your valuabe suggestion friend Take care!! Have nice time!! Happy myLotting!!