e scams on e trading HYIP s

Need extra income? Or are you looking for a safe investment. Then HYIP’s are not for you.

What is a HYIP?
High Yield Investment Program.

HYIP’s are all over the net.  Check Google for “investing”.  Offering  insane  returns.  For those who are new to e investing,  these investments just cannot give the returns stated.

So you’re talking about several days, several weeks, or if they are really good, several months of return,  until they  close down  and start under a new name to avoid all the bad ”news” on them. 

Before you lose your money to these scams,  Check out www.talkgold.com or www.scams.com, and read the the forums and look in the HYIP area. You  will  see a list of stories on how people lost their money.

 Some of these internet sites are even referred to as games, so they are not liable under the law as they would be, if it was called an investment opportunity. 

Several of these internet sites open up every day and attract novices  looking for some extra income.   Check out out sites like www.hyipmonitor.com and  just see the amount of internet sites there are out there, and how many more are being added on a daily basis. 

How Do I Know It’s A HYIP Program?

Egold
Be careful of programs that ask you to send money through this desk because egold dealings are permanent and cannot be stopped, (unlike Paypal). Also no cash refunds or control over when you cash in. 

High Returns
Astronomical returns are a sure sign, anything over 5% -10% a month  should be a red flag for anyone looking for a good investment. Stocks usually average about 5-7% return over the long term.

Google any investment company before you invest. It may save you your money. Don’t let greed lead you to ignore what others have said on the net. Beware!

Yours in money,

Moneypenny