The definition of a HYIP is a – High Yield Investment Plan.
There is a category of “make money online fast programs” which falls under the banner of HYIP’s.
Which all sounds very nice and legal and appears to offer us an opportunity to make money playing with the market trends.
The ultimate problem is that many of the HYIP programs on offer are unfortunately nothing more than Ponzi Schemes.
A Ponzi is a type of investment scam that promises un-sustainably high return on investment by paying previous investors with the money invested by new investors.
Bogus HYIPS are often very difficult to spot, they are very professionally marketed, with glossy slick websites and lots of great testimonials.
9 times out of 10 they are run by unscrupulous admins who will suck people in by paying out to their members at the start will little are no problem while encouraging them not to withdraw their funds but to keep reinvesting to achieve higher earnings.
The signs that they are about to cut and run often come to late.
Please take my advice – Never use money you cant afford to loss.
Its better to learn affiliate marketing the right way with a good solid training program and earn your money that way.
To start the process try Sara Young’s Easy Paycheck Formula.