What is HYIP?

Italy
January 21, 2007 12:54pm CST
I have read this name somewhere but I don't know what it is. Could you explain me, please?
4 responses
@maferick (1583)
• Brazil
21 Jan 07
hyip is a place to invest your money,normally they accept only egold..im member from one that i think is good,already payed me ..if you want message me and i send to you the link ,have a great day:)
• Portugal
21 Jan 07
Most of them are very risky. But some pay lower taxes and seem to be relatively safe.
@ezzrssi (11188)
• Italy
21 Jan 07
hyip is High Yields Investment Program you put e-gold in and wait for percentage earning amount ,but are too riskious
@imbrod (268)
• Croatia (Hrvatska)
21 Jan 07
It's a high yield investment program. Some are scams, cause they offer impossible daily rates. If they offer lower daily rate, it is more likable you will earn some money.