Make Money HYIP

So as my quest to make money from home continues, I keep running into something called HYIP.  HYIP stands for High Yield Investment Plan, and generally is a nice way to describe a Ponzi or Pyramid scheme.  These are of course illegal in nearly every country, and the real question is not a matter of if they will collapse, but when.  That said you can indeed make a little money playing the HYIP game, but similar to Forex, these "investments" are ultra high risk.

There are many sites that review these various HYIP schemes, and the owners of those sites are probably some of the only people making any real money in the HYIP game (the sites serve as a referral portal to the HYIP scams, earning the operators profits via referrals).  Some of the plans promise a 120% payout in 24 hours.  The scam is quite simple, the profits are paid out of new investor dollars. Once the site fails to attract new investors, and existing investors try to pull their money out, the site operators disappear with all the money.

HYIP is a confidence game, the plan managers entice you into making bigger investments by paying out good returns on smaller investments.  I gambled a small sum ($200) on a very popular HYIP, and it indeed paid out great, $40 per day in profit! Would an investment of $2000 then payout $400 a day in profits?  The answer is maybe, or maybe they just keep your money and blame a DDOS or hackers for taking their site down.  Think it won't happen to you?  Everyone that has spent any amount of time playing the HYIP has had shady operators run off with the money.  Think of the operators as wannabe Bernie Madoffs, but instead of being US based, they operate out of some 3rd world country where they are more likely to get away with this crime.

If you are going to play the HYIP game, against my advise, and fully knowing that it is a Ponzi scheme, well at least minimize your risk by NEVER depositing more than $200 into one scheme.  By spreading the risk out over multiple HYIPs you will be able to hedge your losses more effectively.  Also with a smaller investment, you are likely to actually be able to recoup your investment, as these scams tend to pay on smaller deposits to help convince less savvy investors into depositing their life savings.  Remember HYIP is ALWAYS 100% of the time a scam ~ while its possible to Make Money with HYIP, only gamble money that you can afford to lose.