Good and Bad HYIP’s: How to Tell the Difference?

FinanceTrading / Investing

  • Author Reuben Dsouza
  • Published October 10, 2006
  • Word count 491

One of the big problems with high yield investment programs is that there are a number of HYIP’s that just scams. In order to avoid problematical programs, you may want some tips on how to tell the good from the bad.

The basics involve looking at its rating, its performance, and feedback on your favorite monitor. You should have decided on several favorite monitors. A monitor site is extremely important to you; it gives you a lot of information regarding the various HYIP’s, and in more detail than most would probably ever need. Monitors also track scams, giving you a heads up to HYIP’s you need to be aware of. By having several that you subscribe to, you can combine the information in order to get a fuller view of any given HYIP, and in an industry where knowledge is important, that may be just enough to give you an edge.

An HYIP’s rating gives you the basic information. It lets you know how other people look at the HYIP, and gives you a basic idea of how it performs, and acts as a meter of what people have said about it. The rating acts as a gauge of everything about the HYIP, and only gives basic information about it. Use the rating to get interested in an HYIP, but don’t make a decision based on the rating alone; after all, a low-rated investment may have something to recommend it that a little more research may bear out.

Performance tells you a bit more, but can leave you with more questions than answers. Most HYIP’s perform reasonably linearly, in that they have almost predictable ups and downs. Those are reasonably easily to predict, and can be easy to decide on. You should avoid any HYIP with a performance graph that is nothing but glowing; too few bumps and the investment is probably more of a scam than an actual investment. The other scary performance chart is one that is all over the place; although timing can make it very profitable (if you cash out on a peak), it can be a scam.

Feedback is extremely important, as it can reveal a scam investment the quickest of all. Pay attention to negative comments, unless you find that there is a negative bias (such as a rival company flooding the feedback. Positive feedback should be thoroughly scrutinized, unless you trust the person giving you the advice. Feedback can be a useful tool, but only if you use it right.

A good HYIP will make a profit for its investor, and in a reasonably short space. It has active growth, and pulls other investors in because it starts showing up on all of the monitors. In short, it performs rather well. More to the point, it’s making you money. A bad HYIP, however, won’t do any of that. And you want the good ones; remember that!

I am a webmaster of a HYIP Monitor. Visit one of the fastest growing ones at http://Hyip-Status.com!

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