Which kind of HYIPs do you prefer and why? The ones that pay low rates or the ones that pay high rates of return (3+%)?
Posted by: forwardone
To me there`s almost a guarantee that the short term high payers are ponzis, but although most of the low interest ones are ponzis, I do think that there are a few around which are genuinely trading.
For this reason I`m sticking in future to the Sensa Trust type programs, which meet that criteria in my view.
Geoff
Posted by: Salty
Now most funds are in "long term" ones.
Also play with ponzies for fun, and also for profits and losses (finally should be in profit), like 12dailypro, expinvest etc.
Posted by: FutureGizmo
Nowadays, we really can't say which one's a Ponzi and which one's not. A program that pays 100% a week (or something similar to it) is definitely a Ponzi but something that pays 1% a day (or even 0.5% a day) can be a Ponzi too. Thus, I think it's really a matter of luck and good timing whether you can profit from these Ponzis.
As a result, my strategy is to diversify to as much programs as possible. I am currently in programs that pay from as low as 5% a month to as high as 100% in two weeks. If you know how to play the game well and if you diversify well enough, it's possible to win in these Ponzi world of HYIPs.
Posted by: gdrumm
I go for a combination of the two. I'm about 70% into long term/low yield, about 20% in short term/high yield, and 10% in ultra-long term/way low yield (AKA saving account/IRA).
Posted by: paultag
The payout amount does not determain the reliablity of a program. There are just as many 5% a month pronzi programs as there are 3% a day programs. The only difference is that the 5% monthly program has a much longer life cycle.
If you want to guard yourself from investing in a ponzi, get to know the admin and know what they invest in. If they invest in Forex, have them prove it.
That being said, there is plenty of money to be made with investing in Ponzi type programs as well. You won't get rich, but you can make a steady income if you don't mind the high turnover of programs in your portfolio.
I settled in on just 2 very reliable programs that have been paying 100% a year for 3 years now. They are extremely private which is why they have lasted for as long as they have.
I do play around with the occational ponzi or two. I think Sonic Invest is a pretty good bet right now. At 3% a day you only need about 45 days to make your principle back plus a descent return. They look to be around for at least that long.
But you never know, there is a 50/50 chance it could disappear tomorrow. I tend not to think so though. After 6 years and looking at hundreds of programs, you develop a "gut" feeling about these things.
Happy Investing
Posted by: FutureGizmo
Quote:
Originally Posted by paultag
After 6 years and looking at hundreds of programs, you develop a "gut" feeling about these things.
I agree. Experience really is the best teacher. After some months of HYIP investing, I tend to believe I do have a good "gut" feel on most HYIPs. As I've mentioned in another thread before, I never lost again in any HYIP since March, except for a $3 loss in Upgain which I think closed prematurely because of DDoS.
People say that we always have to read and ask in order to learn, and I think that applies to HYIP investing as well.
FutureGizmo
Posted by: Luxor
Personally I prefer the long term payers, as I don't have to worry about them every morning when I wake up. However, I have noticed that the short term ponzis can turn out exceptionally profitable. Overall, I think it is good to have a large diversification between the different funds. At the moment, my portfolio is structured like so in order of largest investment to least.
Fast Market
Poker Profits
PIPS (can't really call that an investment any more, as it is dead)
HYA Investments
5 Year Bonds
All of these are followed by a few 4-5%+ daily ponzis, which should be gone before we know it.