HYIP or High Yield Investment Program is one of the eye-catching ventures, but on another hand, it is risky also if you are not careful about it. So do a proper search as homework, find more about HYIP, how they work, and where you can find a good one if you want to invest in it.
How An HYIP Owner Benefits?
Before going to the tips section first, we will look at how the HYIP site owner gets the benefit. In some cases, the owner is the HYIP program take the funds that are invested by the joiner and invest it in some other project that gives a high yield. The owner classes as the offshore a hence they do not have to pay the taxes, so they make a taxless profit. By doing so, they can build up more than enough money and can pay a good rate of interest to the people who invest in the scheme.
How Do Investors Get Benefit From An HYIP?
If we look from the investor side then when you log in to HYIP website and open account using Electronic Payment System to invest money from $10.00 and up.
From the next day, you can see the profit earning an amount in your account and its interest can pay daily, weekly, or monthly or at the end of prefixed deposit term of the principal amount. Day to day, the percentage fluctuates between 0.3%-3% or monthly 9%-60% per month. With such a rate, within a month, you can get back your initial investment, and after that, you will get a net profit.
If you want to invest in HYIP seriously, then you have to be careful because only 15% of HYIPs are money earning programs, other 85% takes the money from the investor and do not come with the return. So they are known as “Ponzi” schemes.
A Ponzi scheme means no real investment of money. They follow the principle of relying on which means the new investor will join and pay to the first level of investors. More and more investors join, and the process goes on. So they manipulate the investors to increase the investment. After reaching one time, there will be no new investors, and hence, there is not enough money to pay the interest to the previous investor. Even it also possible that due to the end of the investment, the shutdown of the overall project. And as a result, the most recent investor suffered losses.
Some sites monitor the HYIP site and give all information to the investors, including payments and issues. Keep in mind; even monitoring are also placing false info up on the scam projects by giving them high ratings and listing them as paying. It leads the money of investors into closed projects. So always check the trustworthy sources before investing. Some of the popular and reliable sites are talkgold.com and moneymakergroup.com.
So after reading the tricks and tips, you find that there is a high risk of investment in HYIP Monitor schemes, but it gives opportunities to give a high return on a shorter period. If you have extra sort of income or do not have to worry about the loss, then you will not get big disappointment on losing otherwise, do proper research and then only invest if you are investing your life long savings in it.