The number of High Yield Investment Programs (known as HYIPs) have exploded with the introduction of the internet. Typically, a high yield investment program is actually a investment opportunity which is run on the internet, and promises staggering returns of 1 or 2% per day or even more. This translates into a yearly uncompounded return of 365% to 730%, a figure which is unlikely to be possible by any legitimate investment program. In my opinion the majority of high yield investment programs are scams, and prior to deciding to consider putting money in Hour Profit, you want to do your due diligence and think about these points:
It really is commonly thought that most high yield investment programs are Ponzi schemes, in which the “interest” paid to existing members actually arises from money deposited by new members. As long as this system continues attracting new members, the HYIP can pay its existing members, however, at a certain point, there will never be enough new members to pay off existing members, and also the system will implode financially. Whoever has money invested at this point will probably lose their investment.
Most high yield investment programs are very short-lived, and do not last more than 6 to eighteen months. Most high yield investment programs can be found overseas, and do not disclose details about their location or management, and offer little contact details. Some people believe that it is possible to make money from high yield investment programs by investing only in new HYIPs and pulling out their cash early. This is at best a huge gam-ble and a very risky tactic.
There are many HYIP monitoring sites that track which high yield investment programs are paying, and that are not. These internet websites must not be completely trusted because it’s easy for Instant Pay to pay for the accounts run by these websites to enable them to continue to seem to be “paying” programs. My personal opinion is the fact most high yield investment programs are complex scams based upon Ponzi schemes. This does not necessarily mean you can find no legitimate high yield programs on the Internet, but when a treatment program is paying a ridiculously high return, say 30 – 40% a month or even more, then it is most likely typical HYIP and really should be prevented.
Of course not every hyip program is good and there are a few which can be more legitimate than others. Finding the best hyip may not be a simple task and in order to do so you will have to do a lot of research on the company before making the ultimate decision to spend money. However, it has to also be taken into account that luck and work on your side could also play a large role in how successful your hyip investment will turn out to be.
Another way of determining the very best hyip would be to read their terms of service and understand what they promise and to determine if it really is something which is feasible. Reading various forums on hyip is also a good thing to do mcdlcs actually putting money right into a certain program. There are often reviews in the hyip now available and several will show you what they think is the greatest Super Hour to join. Because these writers have firsthand knowledge of the programs you have an better still probability of making the correct investment.
A hyip monitor may also be a tremendous help when looking to get the most out of a hyip investment. Seeing a hyip monitor website can give you a sense of which hyip are the best available. You might also get a new hyip program that seems promising and if you get in fast, you may also increase the return on your own investment. A hyip monitor is not only great for finding a potentially good program, but also to promote them. By creating your personal hyip monitoring website you are able to advertise for the programs you happen to be already an integral part of and by doing so may also gain referrals.