HYIP-
High Yield Investment Program
If you've searched around the Internet for
different ways to make money online, there's no doubt that
you've come across the term "HYIP". You might have
just skipped it and paid it no mind, but if you're reading this
article right now, you must have questioned what the term
encompasses. HYIP stands for "High Yield Investment
Programs", which covers all programs, offline and online,
that are used to invest money to receive a higher yield than you
would normally get at a bank.
But that doesn't necessarily mean that it's a safe and solid
investment. Look to HYIPs as more like gambling than an
investment, and only use money that you can afford to lose.
HYIPs basically take the investments of their members and invest
them as a whole into more standard investments, including
stocks, high yield bonds, foreign exchange trading (FOREX), or
other programs. It works almost like a loan to the creator of
the HYIP in which they pay you back with the profits that they
gain on your money, kind of like interest on your principle.
HYIP online programs have different interest payment terms, and
you need to know all the rules before you join up with one. They
can either pay a daily percentage, which is usually in the range
of 1 to 10%, weekly, which can pay anywhere from 5 to 50%, and
monthly, which can pay anywhere from 20 to 200%. Make sure that
you find one that meets your needs in terms of profit gains,
such as if you're doing it short term or long term. Studying all
the site information, including the FAQ, the terms and anything
else you may come across is a good idea if you want to know
what's happening with your hard-earned dollars.
Starting off with an HYIP online is simple, since all you have
to do is register with them and then deposit some money into
your HYIP account using the payment processor that they outline.
The profits are paid out to the same processor to streamline the
process. |