What is a HYIP ?
HYIP is a term which you will come across often if you are trying to make money over the Internet. It stands for High Yield Investment Program; these are not just Internet based investment programs and are also available offline. The term HYIP is an umbrella-term which incorporates any investment opportunity that gives a return on the initial investment of between 4-5% per year. The way in which they work is fairly simple. The money from everyone who invests is collected together and the site organizers then use it to invest in more traditional areas. In effect, they are investing in the programs which require a large sum of money to begin and can afford to do so by combining everyone’s small individual investments.
HYIPs which are not Internet based work on the same principles as online ones, only their starting investments can range from a minimum of $500,00 up to millions of dollars. For the private investor, or an individual just wishing to supplement their income, this is not a realistic sum to have available for investment and so offline HYIPs are not feasible options.
For the normal private investor, Internet based HYIPs are the only possible solution to the investment quandary. However, these programs are often cloaked in secrecy and so can seem like a dangerous investment to make. In contrast to the offline programs, you will often find that you are unable to gain any information regarding the investment types that are made on your behalf. Corporate information of the website, such as the registered address or background information pertaining to the site organizers, is often not available for viewing. This is not usually done for the sole purpose of hiding information from the investors, but more to prevent people from using the knowledge of the site organizers to create their own online HYIP.
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Online High Yield Investment Programs (hyip) : How to Make Money in 4 Easy Steps
As I mentioned earlier, I am a rookie when it comes to money matters. But thankfully I had my brother, an Investment Banker, to guide me and keep me out of the red. His advice was simple: ‘Never invest more than you can afford to loose.’ This is the golden principle. All investments should be viewed with risk even though a company may claim it isn’t!! (If you ever read the small print – the terms of service – you will see what I mean)
Step 1 is to create an E Gold account.
It is completely free to join and very easy to set up. All the investment firms I have come across thus far accept e-gold (for the majority it is the only payment method they accept) as it is one of the safest forms of payment around. Click on the link above (or open it in another window) and sign up today. Remember, it is ok to pass on your E Gold account number in order to pay or receive payment. But never divulge your E Gold passphrase to anybody.
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The High Yield Investing Dominoe Effect
With the recent changes in Nova-lights (Pegasus, Stargame and TMA) (More info at http://www.talkgold.com ), there is sure to be major problems across the entire hyip arena. HYIPs that rely on other programs to make a return, are going to be hit hard. These are the HYIP pools. They invest in other program to earn a return for their members. Some pools are publicly known, while other pool programs claim to do trading while they actually rely on the larger programs like Nova-lights.
We truely believe that atleast 70% of all HYIPs are relying in some way off of Novalights. With the new rules that Nova-Lights has put in place which will cut payouts to under 0.5% per day and lock the principle in for 1 year, we are speculating that there is going to be a major collapse in the number of paying HYIPs. We suggest most people wait a couple weeks for the dust to settle before making any major investment decisions.
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