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High Yield Investments
The latest fad investment sounds good, I mean who doesn’t like ‘high yield’ returns on their investments, right? With a classification like ‘high yield investments’ I was already a little concerned about the packaging and as it turns out, there is reason to be skeptical. Unfortunately, nearly every so-called high yield investment program is simply one in a plethora of the hottest financial scams.
So how do high yield investment
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Announcing the Launch of tippybob- a Website Connecting Investors to... Tippybob is the first of its kind online community of financial advisors with ratings and reviews from actual investors utilizing tippybob?s proprietary rating system- the tippyscore.(PRWeb February 06, 2012) Read the full story at http://www.prweb.com/releases/2012/2/prweb9046661.htm ]]>Business Social Network Rock The Post Scores $700K Seed Round The NYC based startup raised 700,000 dollars from American, Canadian, and Spanish angel investors.(PRWeb February 06, 2012) Read the full story at http://www.prweb.com/releases/2012/2/prweb9148508.htm ]]>A Breed Apart: 30-acre Horse Farm Estate in North Carolina Up for... Exclusively Auctions states, "Some high-end properties appeal to golf enthusiasts. Other luxury properties are tailored to the equestrian. And still others are designed for gourmands who enjoy...(PRWeb February 06, 2012) Read the full story at http://www.prweb.com/releases/2012/2/prweb9149909.htm ]]>Fang Wong, National Commander of the American Legion, Joins The George... The George Jarkesy Show, hosted by George Jarkesy, recently had Fang Wong on the show to discuss veterans? affairs. The show is archived at...(PRWeb February 06, 2012) Read the full story at http://www.prweb.com/releases/georgejarkesy/fangwong/prweb9155539.htm ]]>Lockbusters: Puppy-Snuggling, Top-Rated Locksmith Donates Gratuities... Changing the locksmithing business toward good in NYC and warming hearts while they?re at it, a small local business provides a mountain of kibble to the city?s homeless animals.(PRWeb February 06, 2012) Read the full story at http://www.prweb.com/releases/new-york-locksmith/lockbusters-nyc/prweb9167200.htm ]]>
programs differ from other pooled investment plans, like mutual funds? Well, even the most affordable mutual funds have minimum investments of around $1,000-$2,500 USD. With high yield investments, however, there is typically a very low minimum investment (less than $100 USD) or no minimum at all. The ‘investment brokers’ in the case of the average high yield investment program pool all the contributed funds and convert real currencies into some form of electronic pseudo or virtual currency.
Doesn’t sound to bad so far, hunh? I mean it makes sense that to open the door to smalltime investors some type of e-currency may grease the wheels and make profit realizable for every member. Some high yield investment programs will have contributors deposit money in a ‘prime bank’ account, either way they tend to make great claims about how the juggernaut banks regularly make zillions off of interest and that the little guy (or gal) has no hope of reaping such benefits unless they all pool their money together.
The bottom line
Most are just investments in someone else’s bank account and you will never see a dime of your money again. What known as Ponzi schemes, a type of pyramid scheme where early investors collect money from newer investors and then fodl up shop, leaving the newest investors with nothing but a feeling of violation.
For more information on HYIPs check out the Wikipedia entry at http://en.wikipedia.org/wiki/HYIP. For a comprehensive list of known HTIP scams as well as thought provoking discussion on the matter, see the HYIP Scam Search at http://www.stochasticsoccer.com/kakarukeys/.
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High Yield Investment Programs (HYIP): Investment Schemes And Scams
HYIP is short for High Yield Investment Program. These investment programs are offered over the internet and typically accept smaller investment amounts than other types of consumer Read more...
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High Yield Investments
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Illegal Investments And The Elderly
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