What are HYIPs? HYIP or High Yield
Investment Program is a type of investment scheme that involves greater rate of
interest. The greater rate of interest is its main factor that attracts customers
in droves. The interest rate given by a general bank or financial institution
could be 3-5% for a general deposit but interestingly HYIP based sites offer
interest rates above 100% and sometimes even reach 200-250%. Such exorbitant rates
often draw admiration as well as suspicion from the general public. The
suspicions are sometimes well placed too as a large percentage of HYIP sites
turn out to be fakes which often swindles the hard earned money of people. But
the best thing is that the small percentages that do sincere business offer the
same return rate without any scams.
Generally Hyip sites allow investment of money without any quantity
restriction. That is one can now invest large amounts and also very small
amounts without any hassles. The introduction of easy money like e-gold, etc.
has also helped a great deal in investment. The money collected is then used to
invest in highly profitable ventures like real estate, trading though it is
kept secret from the investor where his money is going. This may seem to be a
bit tricky to the customer but truth to be said, Hyips is a risky business. The huge number of
fraudsters on the internet has also fuelled the general hostility to such
schemes. Yet some of them are truly sincere and also make good on their promise
to deliver the assured rates of interest. The risk factor should not be a
demotivation for you as HYIPs are like share trading. But the advantage of the
latter is that unlike share trading HYIPs invest in profitable ventures and you
don’t have to buy or sell anything too. The potential profit margins are huge
in case of hyip investment and thus it is always a better business proposition than
trading on the stock market.
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