What is this HYIP??
June 5, 2007 9:38pm CST
i see a lot of websites regarding online investment. they clain that they will pay u back daily if u invest this much and that much. i can see that their profit rates are pretty good and if i invest some amount, then i would be the next millionare of the year. what is the real word from which this abbreviation(HYIP) has been extracted?? do u know and have experienced real HYIP sites that actually pay?? Where do they get funding from to give back to its small investers?? should i invest too, in ehich sites and how much??
2 people like this
6 Jun 07
HYIP stands for "High Yield Investment Program". I don't know which HYIP does really pay, but if you will be interested in this kind of investment you must verify the company you will be joining with, they must be registered with SEC (Securities and Exchange commission) to assure they are legitimate. Investment with high yield of interest also bears high risk of loss, so it is better to have further research before joining. You may try to read further details on this site. http://www.wisegeek.com/what-is-hyip.htm
6 Jun 07
ok a_ce_e, whats ur real name by the way?? u r my man. thancs for helping me out. have u ever tried them out?? y don't u take a risk?? i think a good business man loves to taek calculated risk, and very soon probably in a month or two i'm surely goin to try that thing too, whether its dangerous or not.
6 Jun 07
I am a girl by the way =) . I haven't try it because i don't have enough knowledge in it, besides i am not yet ready in investing with high risk, i want to start in a small scale w/ smaller risk going higher. I don't have much money yet to afford to loose, that's why i am not entering in HYIP. I must secure my finances for my family first before engaging in it or in any form of business. Business is like gamble, you should be wise and strategic in able for you to get successful, experience will also teach you.
7 Jun 07
ooopsss!! i made another mistake. i think God made me to make mistakes. i have a high scoring in that respect. so u r not willing to invest, okay but when u want to just buzz me, if i had already got some experience till then, hope very soon, then surely i'll help u!! and one more thing i'm running my own factory in small garments Pakistan...so already a businessman, always ready to lose but eager to gain double from that losss!! now POOR U!!!kheekheekhee!tc!!
10 Jun 07
hi Abrarr...HYIP stands for high yield investment program....i have made money and lost money in these....they are very high risk....they are mostly ponzi schemes...in other words they pay you what other people pay in... th einterest rates they pay are totally ridiculous and designed to appeal to people greed.... if you wnat my advice dont touch them unless you are 1. very highly organised2.can afford to lose 3. Have the patience to wait onpayments generally speaking more people lose than gain in these programs... best to leave alone if you are an ordinary guy!!!payments..
9 Jun 07
Most of HYIP's are Ponzi shemes or invest in it,some are telling they invest in Forex or the option market but a lot of them doesn't even know what that means ,though it's possible to have a good return with investments on the Forex or option market (I know it because I'm active in it),noone could give a guarantee about the return because every transaction is a risk and could lead to a loss. Why should anyone pay you 1% a day when they can get a loan on a bank of 15% a year? Why should the bank refuse to give a loan to this sort of transactions when there was no risk? The last three transactions I made on the option market (AEX c 550 July 2007) during the last 2 weeks were : +20.84%,+17.51% and +18.43% ,I had done it with a little sum and my own money (no loan) ,when I was sure about that return I could use a lot of money and it shouldn't last long before I was the richest man in the world,but markets doesn't work this way,sometimes there's a total loss and what if my return was -100%?,with the sum I had invest now it wasn't a dissastre ,but when there was others money involved that I have to pay back with a huge intrest,I wasn't then able to do that ,the fact that I could afford a loss now prevent in some way that I made a loss and made a good return on it. I had no reason to panic during this time and there was no need for a high return,just that fact gives me that high return. Remember only 20 % have success with trading in options,the other 80 % lost money. It is not because you're in the 20 % now,you should be there the next time. Most of the HYIP's won't last long and the money people invested in it are lost for them. You better stay away of it.
9 Jun 07
Before investing any amount on the net,you have to tink twice.Share information about such sites with mylot members,so that you can get a correct picture about such sites.Now a days lot of such sites launching daily and we are not sure about the payment.
8 Jun 07
Most HYIPs are scams but NOT everyone of them! There are only a few are honest and professional. HYIP means high-yield investment program but it simply a group of private investors/traders that can help you to invest in stocks, futures, Forex (foreign currencies exchange) where you do not have knowledge of. They become scams if they take everyone's money and close the site or they are incurring huge losses (from the high risk investment) and unable to pay the interest. However the professional investment site are prudent with your investment and do not exaggerate a high investment return like 200% a day. They have a professional website that show you every detail of your investment, responsive webmasters, and a forum that show evidences of paying their customers. I invest $10 in one and they have paid me twice on the interest (1.2% per day). If you're interested in honest HYIP, you can PM me and I will recommend it to you. Cheers!
11 Jun 07
i used to join HYIP but not anymore..too many scams although it is tempting to join because you can make some profit out of it. but too bad..if you're going to invest, be careful..u might want to start with a small amount of money first just to test the waters. good luck!