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A High Yield Invest Program, also known as HYIP, is a "company" which offers you investments with very high returns. Most of the time it are websites.
They are very easy to recognize. By offering ridiculous high returns from 10-2000% of your investment daily they try to make you invest in them. They are practically always ponzi schemes, which means that they don't invest your money but they pay you with the money they get from other investors. After 1 to 12 months the HYIP closes and the owners run away with your money. If you are lucky you can get some profit out of it, but it is practically the same as gambling.
Although it is generally believed that all HYIP's are scams, that fact can also be discussed. About six months ago, a new HYIP has been launched which is potentially not a ponzi. They claim to invest in foreign exchange trading and seem to be doing that too.
Investing in an HYIP isn't illegal, but most countries have laws against promoting ponzi's which means you can't legally promote them.
When investing into an HYIP you always need to remember the golden rule: "Never invest more than you can afford to lose". Which of course is just the same as with gambling.
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∙ 14y ago
David D Cordova
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How can you benefit from a high yield investment?
A high-yield investment program is an investment scam that promises unsustainable high return on investment by paying previous investors with the money invested by new investors. The only benefit is that you may get your money back. They are to risky.
Are HYIPs trusted programs to earn money from?
An HYIP, or high yield investment program, is a type of what is called a Ponzi scheme, and most of the time it is a scam. They are not to be trusted under any circumstances.
What is the best low investment, high yield CD offer?
The best low investment, high yield CD is available at Chase Bank. You can invest as low as one thousand dollars and get much as 1.5% interest in return.
What is the meaning of the term HYIP?
HYIP stands for a high yield investment program. It is a type of Ponzi scheme, which is an investment scam that promises a high return that is not sustainable.
What is the difference between a high yield CD and a low yield CD?
I high yield certificate of deposit will help you earn the highest certificate of the deposit rate and it usually requires a high investment also with minimum deposit of $500.
What is a bullet train investment program?
Short term very high yield program
Is a reverse pension scheme a fraud?
Yes- its just a type of high yield investment program.
Are there any banks that offer a high yield savings account?
There are many banks that offer a high yield savings account. The best bank that offer the best high yield savings account is Charles Schwab investment bank. They have what is called the high yield investor savings account, where there are account minimums and no monthly fees.
What is the risk involved with high yield bonds?
The major risk with high yield bonds is losing all of your money you invest. These type of bonds have a very low rating much lower that the investment grade.
What is hyip?
A HYIP is a High Yield Investment Program, like a secret bank or financial network. It is an investment scam that promises an unsustainably high return on investment by paying previous investors with the money invested by newcomers. You can get more details from: http://www.investmentchatclub.com
The percentage of return on an investment.?
Yield.
What is a high risk investment for high gain?
An investment that is subject to potential danger or hazard from a financial and/or technical standpoint. Although high risk investments have the potential to yield a lucrative return, it can also yield a substantial loss. A prime example of a high risk investment are high risk common stocks.
