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==> 1. Make your own due-diligence about the program... Research, ask, approve! ==> 2. Invest only the money you can afford to loose... Better safe than sorry!
==> 3. Take-out your principal as soon as posible... Re-invest only the profits! ==> 4. "Don't put all your eggs in one basket"... Diversify is the key!
==> 5. No program, on the net, that will last forever... A little patience to survive!

01 October 2005

How to get started in High Yield Investing

High Yield Investments, being mostly anonymous, offshore businesses, require the use of a payment processor. Some take StormPay or bank Wire Transfers. You can get a free StormPay account, link it to your bank account, and invest into these programs instantly! On the other hand, many of these programs only take E-Gold which is the predominent payment processor for these investments. So far, I have not run accross any program which doesn't accept E-Gold. In order to get money in E-Gold, you need to first open a free E-Gold account at e-gold.com and then open an account with an E-Gold exchange service, such as Omnipay at omnipay.com. Once your accounts have been successfully verified you will be able to wire funds from your bank account to your E-Gold exchanger which will then turn your money into gold! You can then log into your E-Gold account and see how many grams of real gold you own! It will also display the current value of your gold in us dollars. The value of gold fluctuates daily, but gold increases in overall value year after year, so it is in itself generally a good investment. You can get your profit back out of E-Gold the same way - by cashing it out through your E-Gold exchanger. You can then be paid by check or bank wire. Another option for cashing out your profit is via anonymous atm cards. Here is a reliable one: Uniclear.com

For those who are have never heard of HYIP before, it stands for High Yield Investment Program and is generally used regarding extremely high interest programs. Most of the very high profit programs (3% - 30% per day) are ponzi schemes - meaning they use money coming in from new investors in order to pay profit to existing investors and these programs usually don't last very long, often less than a month, sometimes only a week! Most of them say they invest your money in Forex, but this is either an outright lie, or they just don't realize that they cannot sustain these kind of super high returns consistently. Either way, my advice is to stay away from any program paying more than about 2.5% per day. The one exception I have found is 12DailyPro paying 12% per day for over 4 months now! I don't know how long they will last, but I am making a good profit with them and got my principle back long ago.

When beginning to invest in HYIP, you need to have an investing strategy. A good one to start with, as with all investments, is to diversify and invest in multiple solid programs in order to reduce risk. Another very important part of your strategy should be to withdraw profit to get your principle (initial investment) back as quickly as possible, then you can continue to re-invest with a % of your profit. This way your investment becomes completely risk free! For example, PaxMix pays about 2% per day (60% per month), so after 2 months, if this program was to end, you would already have received 120% (your principle + 20%), which is already considerably more than you would have made with your bank in a year! Just FYI, PaxMix has been paying for over a year now. You never know when these things will end, but if you do a ton of research, and use a sound investment strategy, you can make good money in this HYIP arena. Just don't get greedy, or you will loose money.

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