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Which HYIPS are real?Which are scams?Are they real at all?

Asked Apr 4, 2008, 05:55 AM — 2 Answers
Hi,I am a medical student and I have been looking for some means to invest online and make some money to pay my tuition.I got to know about these High Yield Investment Programs and I really want to know which are real and which are scams.I would be very glad if you people can shed light on this topic.Thanks

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Credendovidis's Avatar
Credendovidis Posts: 1,593, Reputation: 481
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#2

Apr 4, 2008, 06:09 AM
Quote:
Originally Posted by babagba
I would be very glad if you people can shed light on this topic.Thanks
HYIPS in general tend to make the brokers rich, instead of the investors.
Any investment that gives a return more than a couple of percent above the normal return should be seen as highly questionable.
My advice to you is to be very careful with the programs. Even long term investors frequently go flat on their nose with this type of High Yield - High Risk investment.
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excon's Avatar
excon Posts: 21,042, Reputation: 15510
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#3

Apr 4, 2008, 06:42 AM
Quote:
Originally Posted by babagba
I really want to know which are real and which are scams.I would be very glad if you people can shed light on this topic.Thanks
Hello bab:

I'll be happy to. Present a program or two and I'll tell you if they're scams or not.

excon
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