Friday, August 25, 2006

What is HYIP?

Perhaps, you've heard that Internet has a great opportunity for earning money. You can find there a great amount of sites which allow you to multiply your deposits. But due to a certain degree of confidentiality there are a lot of rogues which try to cheat you and to get your money. My name is Mike O'Hara. I have been investing in HYIP's for more than 3 years now. So I've made this site just to help newbies. I hope that this guide will help you not to make the same mistakes that I've made. I do not want to promise you that the information here will help you to earn money without any risk, but if you read this material attentively you will be able to minimize risks, earn money and get a stable income. Is HYIP four magic letters?

To tell the truth, no it is not. Hyip is just an abbreviation for
High
Yield
Investment
Program

So if you dream to earn millions here, I must tell that it is a wrong place. But it can provide you to a certain degree a stable income. So now let's define HYIP. It is usually defined as any investment that brings in a higher rate of interest than your savings account, which at current interest rates is about 4% to 5% per annum.
Legal HYI are usually based "offline" and are operated by registered companies. The minimums to get into these HYIP's range from $500 to $10 million and upwards.
Online HYIP's are a completely different thing to offline HYIP's.
Online HYIP's are programs which accumulate money and put investments into high profitable projects. The majority of those programs do not inform their clients about the way they use money as it is considered to be their trade secret, but there are also those that inform their clients about the basic sources of their incomes, and, as a rule, it is a game at the stock exchange FOREX.

Despite of the big risk to lose money the world of online investments is constantly growing. It has become possible due to modern communications which allow you to use time and financial streams effectively. They allow everyone to earn money at any time, sitting at home in front of your computer and all you need is the access to the Internet.
Online HYIP's can be divided into 3 different categories; Dailies, weeklies and monthlies. It basically refers to when you will receive your payments. In general, variable weekly or monthly returns are the safest to invest in.
I hope you see now that investing in online HYIP's is far from to be secure and guaranteed. Remember! HYIP's cannot be the answer to your financial dreams. You want to pay off your credit card bill? Get a better job. Too many people have invested everything they have and been completely and utterly ruined financially.

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