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March 28, 2014, 12:33:07 AM |
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HYIP - High Yield Investment Programs
If you want to invest wisely and steer clear of frauds, you must get the facts. Use extreme caution making an investment based solely on what you read in an online newsletter or bulletin board posting, especially if the investment involves a small, thinly-traded company that isn't well known (most HYIP sites are correspond to the last one). For instance, you'll need to:
- firstly, look at the selected HYIP site, read all the information carefully, watch for the spelling errors, no real investment company will have the site with a bad design, spelling errors and on a free server!
- check whether the company info is unique or it has been stolen from the others. Many fraud HYIP sites administrators do not bother themselves entering the unique company info, they just leave the one the script developers left as a draft.
- check the HYIP forums and monitoring sites, look what people tell about the selected HYIP. Check many of them, one is not enough, and trust the majority, the scam HYIP admins cannot pay just every monitoring site for the fake information. Vice versa maybe the monitoring site asked the HYIP admin to pay for a good vote and he refused and got a bad vote only for that, so try to navigate the information wisely.
- check all contact information of HYIP. You can found domain registration information for most HYIPs. You can call to provided phone and check if this phone related to company.
- check what security use site. If site use: SSL certificate, DDoS protection, licensed script, dedicated server.
- try to find how many funds admins spending on the system maintains. Good design, custom or licensed script, many monitors listing the site, banner/text ads advertisement. Life time of the program depends on money spent on system maintains.
- check out the people running the company and try to find out if they've ever made money for investors before.
- be wary of promises of quick profits, offers to share "inside" information, and pressure to invest before you have an opportunity to investigate.
- be aware from programs with huge profits. It is impossible to make more that 5% per day. Offers to share "inside" information and pressure to invest before you have an opportunity to investigate.
- do not invest more than you can loose. Do not invest your last money.
- do not place all your money to one program. Invest in at least 5 programs. If one program will close you will receive profits from others.
And always remember, no financial investment is "risk free" and a high rate of return means greater risk. If it sounds too good to be true, it probably is!
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