Stocks or HYIP? where I should invest? Guide please  

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.

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.

I am currently reading books about investing in stock market. I am now in the process of saving profits from my pharmacy business, I am planning to re-invest the money in the stock market.

I would suggest don't invest in HYIP. Investing in HYIP is like buying a fishing boat to operate in typhoon belt Pacific. You never know when your boat (and money) is gonna sink!

Instead of investing in HYIP, better invest the money in the stocks. They are better secured and investments are overseen by protective government agencies like the Securities and Exchange Commission.

But before you do, invest in your education first. Buy books about stocks investing. For long term investing, I recommend the books about Benjamin Graham's investing, or books written by Peter Lynch like "One Up On Wall Street" or "Beating the Street".

What i learned from Peter Lynch is, you can win in stock market by investing in what you already know. Like me, I'm in the pharmacy business. I own a drugstore here. In my daily operation, I can observe what products are fast moving, and what company (manufacturer or marketer of the product) to invest.

You said you are an engineer. Well, in your industry you can find good companies. You can invest in the stocks of the company you are working with if you know it's performing good. That's what Peter Lynch means when he said "invest in what you already know".

For short term investing, check out the books of William O'Neal. In contrast to the two investors that I have mentioned above, O'Neal advocates short term strategies like day trading. And based on your testimony above, it looks like you are not investing for the long haul so, it's O'Neal's strategies that you really need.

Good luck to you. Don't invest in HYIP's. Invest in stocks instead.

I think its better to invest in Stock Market.There is a high risk and requried a lot of Investment to earn a handsome profit but if you go through some good compaines you might get good return.But in HYIP site they are not a legit sites and not paying to there members.So,its better to go through Stock Market.

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.