Warning: There's a very high risk involved with HYIP.
I quickly want to enumerate the steps you need to take before investing with any online Investment Programs popularly known as HYIP - High Yield Investment Programs.
Most of them are frauds, that's the reason they pop up today and tomorrow they are off the internet.
The main reason is that most of them do not have a real business they do with your money. What they do is what we call "ponzi scheme" where they collect money from newcomers to fund the old timer and repeats the cycle until it crumbles.
Mind you, there are legitimate HYIP and they are very easy to spot if you know what to look for.
Now follow along to get some real gist .............
Below are some guidelines to making an informed decision in choosing a HYIP to invest with.
1. Most important fact is the time that the Investment Plan has been running online. I will not invest a cent with any online HYIP that is less than 2 years in operation.
Because this really determines if they have a real business they are doing with peoples' money.
Now, how do you determine how long a site has been live?
Your first stop is http://lookup.ws/whois.php. This site will give you almost all the information required to determine the legitimacy of any site online.
(Note: A site being legitimate does not necessarily means that their business is genuine)
You can get the following details about any site from http://lookup.ws/whois.php
. Domain name
. Registrant Contact
. Fax Number
. Administrative Contact
. Technical Contact
. Status - Active, Domant,Locked ect
. Creation Date
. Expiry Date.
Another site to check is http://alexa.com. This site will show you
. Traffic Rank
. How many sites are linking to the HYIP site
. How long it's been online
. Reviews (if there are any)
. Contact Information
2. Listed contact/telephone - Can you actually contact the folks running the program?
3. Verified Testimony - Mostly you can do this through the Forums and ask about who has invested with them before.
4. Percentage Offerred - Do they offer realistic returns. If you see any HYIP with unrealistic returns, RUN
5. Read the comment and ratings of different HYIP to reduce risk
6. Go through the discussion forum on any HYIP site. This will give you a clue of what is going on. Usually, active Forum means the HYIP is active
7. Don't leave your money for compounding. Transfer your money immediately into your payment account
8. Always invest such amount that you can afford to lose.
Go to google or http://hyipinvestment.com, look through the various HYIP listed
follow the above listed sorting process and make an informed decision
in your investment.
