ON e-MONEY TRAIL: High Yield Investment Program

Showing posts with label High Yield Investment Program. Show all posts

Wednesday, August 15, 2012

High Interest Rate HYIPs – Risk and Returns

Once in a while, some HYIP Administrators come up with this mouth watering offer of huge interest payout in their program. Of course, experience HYIP investors know very well to avoid real daily profit* over 4% daily. However, every now and then, a new HYIP with very well designed website template, original text, SSL encryption, DDOS protection, company registration, prompt online customer services/chat, and other trappings of a good HYIP, offers interest that look fairly ‘reasonable’ say 2.5% – 3.0% daily for 30, 45, 60, 90 days and beyond with or without principal returned.

This often presents a dilemma for most HYIP investors. The challenges here include the fact that the interest offered does not appear way over the roof when compared with those HYIPS with 4.0% real daily* profit and above. The second challenge is that these HYIP sites may also passed some of the major criteria used in identifying good HYIPs. Under these circumstances, is it advisable to invest in such HYIPs?

While individual HYIP investors will generally have the final say on how they choose their HYIP, the best I can offer is to share my experience. It is instructive to say, I have earned profit with a HYIP that pays 2.5% real daily for 60 days with principal returned. However attempts at reaching similar milestone with HYIPs paying 2.8% and beyond daily for substantial number of days have been met with mixed successes.

My instinct at the moment is to avoid such HYIPs that offer a real daily profit of 2.8% and beyond. The lifespan of such HYIPs are generally less lower than those with lower interest, besides principal is mostly locked in for the duration of the investment, compounding only compounds the risk. If you are tempted to take the bait with such HYIPs, entry, principal recovery, and exit strategy must be diligently planned and adhered to. Again, never trust any HYIP; invest only what you can afford to lose!

*Real Daily Profit refer to the exclusion of principal in profit calculation

Related Topics:

The Best HYIP
Learn winning strategies of HYIP
HYIPs, Pareto's 80/20 Rule, and Portfolio Diversivication
HYIPs and Greed
Why do HYIPs Scam?
InvestForia LTD Scam: A post Mortem
Can you recover lost HYIP fund?

Saturday, July 14, 2012

Learn how to start investing in HYIPs

To create an account and starting invest in a High Yield Investment Program (HYIPs) is as easy as opening an email account, well, for the most part. However, before you start investing in HYIPS, you need to ensure you open an e-currency account with popular online payments processors.

TherOther payment processors like Perfect Money, Alertpay (Payza) are equally popular choice among most HYIPs investors. E-currency accounts are usually the payment facilitator of choice between the HYIPs and the investors. Some HYIP will accept Bank Wires, Paypal, and host of other payment processor. Remembers to keep all your passwords and other account detail very secure.

After setting up your online payment processor, it is necessary to fund the account before you can start using it for payment. To fund your Liberty Reserve account, you may need to consult your locality. For instance in Nigeria, e-naira.com renders such service, and are recommended by Liberty Reserve. Liberty Reserve also have a presence in many countries of the world. Most HYIP will allow you to start investing with as low as $10 (Ten dollars). Again the golden rule: NEVER INVEST ANY FUND YOU CANNOT AFFORD TO LOSE. All HYIPS will certainly fail, it's only a matter of time.

To use the e-currency account to fund your HYIP investment, you will need to first choose the HYIP, and register. Most serious HYIPS have members area where investors can Deposit or Withdraw from their portfolio. Deposit attempts will call up your e-currency authentication window for authorisation.

The interfaces of the various HYIPs are similar, and most have options for users support. Read the FAQ page of any HYIP carefully and understand the conditions before signing up with them. HYIPs are not for the faint of heart, and demands a lot caution, and planning.

Do you have anty question of comment? Please drop me a note.

The electronic money trail continues...

Tuesday, July 10, 2012

On e-Money Trail is back, and better…

It is refreshing to be back online to continue sharing my experience of my adventure in the elusive or exclusive world of online money making. Those I have disappointed with my unceremonious break, I tender my unreserved apologies. Indeed maintaining a blog is a no mean task I must confess.

Nevertheless, while I was away, I did not relent one bit in my quest for online money. During that time I lost a few money online myself in my (un)holy grail quest, when I ventured into the flip-flop world of FX Trading. The tales of that escapade is a story for another day.

However Aluta Continua… Victoria Ascerta, as they say. This saga continues…

My quest for online money has now led me to a minefield, yes you heard it right - minefield, not a goldmine. Anyway, I believe if I can navigate this minefield successfully, I might just hit a goldmine. The operative word here is ‘might’, as I could very well get blown into bits and pieces – not literarily though.

My quest has taken me to the dangerous ground of HYIPs – High Yield Investment Programs. Before you warn me off “SCAM”, and “PONZI schemes”, be very much aware that I know the risk, the challenges and potential, and I am already knee dip into it. I have already signed up in a couple of HYIP viz: InvestForia, Silver Structure, and Safe Risk. Wish me luck as I try to gulp from the flowing water of HYIPs – High Yield Investment Program.

As this blog is a social experiment, and personal experience blog, I shall continue to throw myself in the line (of fire) to unravel the secrets of online money making.

Fasten your seat belt, and enjoy the ride, as the next few blogs will dwell on my adventure into the elusive world of electronic and online money. Let's go there...