HYIP Investments

HYIP stands for High Yield Investment Program. A high yield investment program is usually but not always an internet based program. An HYIP operates by getting users to deposit an amount of money into their program. The user will collect interest based on the amount of the deposit.

Most HYIP's tend to convince users to join by offering high interest rates and by listing the various things that the HYIP's invest the money into to get that kind of return. Unfortunately, these types of programs are not FDIC insured, so any money that you lose is gone forever. Most of the time, these programs will appear and disappear within a month or so. However, there are a few sites that have been around for a few years and have proven to be reputable, but there is not telling how much longer it will last. Most HYIPs will pay you daily, weekly, or monthly.

Some, but not all HYIP's are pyramid schemes, which means that only the first people who join will profit from. However, others are legitimate, but it is very difficult to tell which programs are worth your time. Unfortunately, most HYIP review sites are affiliated with the very HYIPs that they review, which means that they will be biased due to commissions that they get for referring people to those HYIP programs. Do the research on your own, on forums such as moneymakergroup.com

Chances are that if you are being offered 100% or a similar amount in interest each day, then it won't last long or is an outright scam. A good technique to pursue is to invest your money into multiple HYIPs and therefore diversifying your investment. Never put all of your eggs in to one basket. If you are really set on trying out an HYIP, then I would suggest that you do some research to find one that has been around for at least a year and invest the minimum amount. Be advised that you should NOT invest any money if you are not willing to lose it.