Are You Still Playing the HYIP Game?
So you’re playing the HYIP Game! Are you having fun yet? Are you winning?
Hyip, of course stands for High Yield Investment Program.
Game according to google:
• a contest with rules to determine a winner
• plot: a secret scheme to do something (especially something underhand or illegal); "they concocted a plot to discredit the governor"; "I saw through his little game from the start"
• bet on: place a bet on; "Which horse are you backing?"; "I'm betting on the new horse"
• willing to face danger
• frivolous or trifling behavior; "for actors, memorizing lines is no game"; "for him, life is all fun and games"
Now the question is: are you winning or losing ‘The Hyip Game’?
Fact is; most of us have lost, some more than others. However, that has not stopped most of us from continuing to play… In fact, we continue to play ‘The Hyip Game’ in the hopes of trying to win back what we have already lost. Just one or a couple big wins will do it. It will make up for all the losses we have incurred, right??!!
Does this sound familiar? Is this what you are still doing? Knowingly or perhaps unknowingly -- you didn’t even realize that this was the pattern you had fallen into. Although sometimes, we do actually win/make a profit, when we look at the BIG picture we’ve lost.
So what do you do now? Do you continue down the same road, hoping and perhaps even praying for the next Hyip to be the one… to last long enough to make up for all your losses! Or do you just give-up on Hyips? And abandon the real reason you became involved with them … in the hopes of “getting rich”, “financial freedom”, “money, lots of money”, “retirement fund”!
You don’t have to give up on the idea of making money on the internet with a High Yield Program but you do have to come down to earth! First of all, ask yourself; do you really believe that somebody can actually make 10 or 20% A WEEK trading Forex or Stocks?? Get real, it just can’t happen! Then again, a very good Forex trader can return 5 – 15% per month. Anything more is fantasy or they are using extreme amounts of risk (beyond trading, and into pure gambling).
Let’s take a look at the logistics of a HYIP that is paying 2% or 3% daily and claims to be backed up by Forex. Imagine that you invest $100 into this program. Let’s look at the route your money has to take…
• Firstly they have to transfer the e-Gold into their bank account which takes 1-3 days and costs 3%. Your $100 is now $97.
• Then they have to transfer the money from their bank account and into their trading account which takes another 1-3 days and can cost 1%. The $97 is now $96 and has not earned any money for up to 6 days.
• They then need to trade the money, make a profit, withdraw the funds to their bank account which is another 1-3 days and costing 1%. The $96 is now $95.
• They transfer the money to their e-gold account - another 1-3 days and costing 3%. The $95 is now $92 plus the earnings.
• So potentially that could be 2 weeks YOUR money is not being traded, yet the program will have been paying you 2% to 3% daily starting the very next day on your original investment of $100..........
Do you still think a HYIP can pay daily from Forex trading?!
Stock Trading or day trading is very much like Forex trading, but the markets are not as volatile and there are thousands of stocks to choose from. So the potential to make 5 – 15% or higher in a month in the Stock Market is excellent, keeping in mind … your money still needs to take the same route.
Armed with this undeniable truth, you must accept the fact that 20-50% per month is simply just not sustainable! The truth about MOST Hyips and online investments is that about 99% of them that launch every single month are nothing more than scams and ponzi’s and have been started for one purpose to steal your money!
That being said, how do you go about earning a high return on your money on the net? To begin with lower your expectations, a consistently paying lower percentage High Yield Program will win -- every time.
Let take a look at two scenarios:
SCENARIO #1 – HIGH DAILY & MONTHLY PROGRAMS
We will use a conservative investment of $1000 over the course of one year. We will be placing smaller amounts of our $1000 into many different Hyips during the year. Why? Because ‘the experts’ tell us to diversify in other words -- don’t keep all your eggs in one basket. Also, we will NOT compound our interest; ‘the experts’ tells us to get our original investment back as quickly as possible.
...So over the next year you will:
Spend countless hours reading and posting on the forums, researching Hyip web-sites as well as Hyip Rating sites simply looking for promising, not to mention paying HYIPs. When you find one you like and feel fairly confident in, you make a deposit.
Everyday for the next 2 or 3 months; whatever the duration of the particular Hyip is, you click on the web-site, maybe it's to just make sure it’s still around or to check and see if you received your interest payment, or perhaps you want to withdraw your interest payment of $6.50. If you’re working on the computer for several hours you may actual check the web-site several times during the day, again just to make sure it’s still there…
And then, it finally happens you get the dreaded 404 ERROR, your heart skips a beat. “Oh no”, you scream, “please, not again!" You check back every 5 minutes, you might even begin to see what the forums are saying, and then you check and sure enough it’s back up… Yes, you’re back in business, for the time being. Just another month and half of this and you will have your original investment back!
Let’s skip ahead … it’s now One Year later. For most of us we have probably lost some or all of our original $1000. But let’s be positive and in this case let’s say we actual WON in our HYIP game and made a profit of $375. So now, we have a total of $1375 to start a brand new year and start playing more games!
Let’s break this down a little further. Your $375 profit is a little more that 37% for the year. You where suppose to make that in a MONTH! What happened? Your $375 is a WHOPPING $31.25 a month profit, for all your time and effort you put in, all the stress and worry you went through!!?? I certainly hope you make more than $31.25 a day simply doing your job!!!
SCENARIO #2 – LESS IS MORE!
We will look at two different possibilities here.
A
Let’s deposit the entire $1000 into only one stable, reliable and honest High Yield Program. We are going to earn 10% a month. Yes, ONLY 10% a month! And we will NOT compound our interest. This means we will earn a $100 a month interest, so in 10 months we will have our original deposit of $1000 back. But, remember this $1000 is our interest payments, so in actual fact our $1000 is still in the program earning interest at $100 a month. Therefore, at the end of a year this High Yield Program has earned us $1200 in interest plus our original $1000. We now have a total of $2200. Hmmm, that interesting...
B
Again, we will deposit the entire $1000 into only one High Yield Program. We are going to earn 10% a month. However, because we know we are involved in a stable, reliable and honest High Yield Program we will take advantage of ‘compound interest’! Let’s compound our interest at 100% in other words; all the interest we earn we will re-deposit it right back into our program.
Take a look at what happens:
$1000 Deposit
Month 1 = $1,100
Month 2 = $1,210
Month 3 = $1,331
Month 4 = $1,464
Month 5 = $1,610
Month 6 = $1,771
Month 7 = $1,948
Month 8 = $2,143
Month 9 = $2,357
Month 10 = $2,593
Month 11 = $2,853
Month 12 = $3,138
One year later, we have tripled our original investment of $1000 and received over $2100 in profit! All from a High Yield Program that ONLY pays 10% a month!!! And, with less time, effort, stress and worry…
Sometimes, LESS REALLY is MORE!
Just as the name implies a HYIP is nothing more than hype! If you want to actually start making money on the internet forget HYIPs, find a good, reliable and honest HYROL (High Yield Return on Loan) and become a hyrol(ler) not a HYIP loser!
What is a HYROL? Simply put, it’s a High Yield Program whereby you loan your money to a program, where the owner is completely visible and willing to provide depositors with proper identification. Your money is then pooled with other depositors and invested in the lucrative Stock Market, Forex, Comex and Arbitrage Trading and then the profits are shared with the depositors with their agreed upon terms.
Doreen Cook has been researching and investing in
HYIPs for almost 2years. She is in the process of completeing an indepth report on the effects
HYIPs have had on investors. For more information or to subscribe to her newsletter, please visit:
http://www.highyieldrevolution.com
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