Anyone do HYIP? (high yield investments 50%+ p/a)
 

I've been looking into this to have a play with some "spare" money. Just wondering if anyone here does it.

What do you think a reasonable (read: conservative, if you can even use that word when referring to HYIP) return is? 2% per month? 5% per month?

The fun bit will be trying to weed out the pure scams from the real programs. I will probably be spreading myself over 5 or so well known programs to start with... hopefully by the time one of them dies the profits will be enough to cover a 20% loss of capital!

Some guys say they're making a living from HYIP (as an investor, not running their own program) but I don't think I'd be game to leverage myself to the hilt. :winkwink:

If you're referring to 12 daily pro and the like......pure ponzi.

That's one I'm looking at, but it's in the "quick gamble" pile. In terms of stable long term investment 12% per DAY is just too good to be true. Most of my cash will be going to less risky ventures.

A friend of mine put $2000 in 12 daily pro, he got $2880 back after 12 days, and he those 2880 back in again, his pay day is tomorrow its gonna be interesting to see if he gets his $4147, he is probably gonna put it back in if he gets paid tomorrow, ive told him that some day they will stop paying and that it could be any day.....

12DailyPro works for me and a lot of my friends. We are all in it and are all way past the break even point. If you have some disposable income and are looking for a high risk, high return investment, this is for you.

Here is exactly how it works:
1. You purchase a membership level, say $500 (StormPay is the payment method). That $500 is gone, and just sets your membership level.
2. You login everyday and "auto surf" (click a button). Each day you do this, your account is funded with 12% of your membership level. In this case, you would earn $60 a day. You do this for 12 days. You must surf every day, if you forget to surf for a day, that $60 is lost.
3. At the end of 12 days, you cash out your $720. This can take up to 7 business days. You can't use your cash out to re-purchase a membership. This is part of how they make money. They rely on you re-purchasing while your payout processes.

Is it a Ponzi scheme? Perhaps it is, but they have been around a while, and do have other revenue streams besides Peter paying Paul.

Is it high risk? Fuck yes, but as you can see, you can cash in big.

Feel free to hit me up if you want to discuss it. If you do want to join, here is my referral link: http://www.12dailypro.com/?ref=149453

That's what I meant by leveraged to the hilt, letting your funds sit in there and compound rather than periodically withdrawing a portion of your profit in each program (and giving yourself a pat on the back when you break even, it's pure profit after that :) )

He can let it sit in there indefinitely and it may compound to a huge amount... but they could walk away tomorrow and he ends up with a $2k loss instead. He's seeing the fantastic returns but he's not thinking about managing the risk.

The max you can let it compound to is 6K. But you have the right idea. Pull out your profit until you are past the break even point, then let it ride. This way you have no exposure.

One of my friends has been in it for a while now and has the max working for him. After fees and shit he is pulling in 2K every 2 weeks. Not too bad for clicking a button every day.

It's possible to make 12%/day legitimately with stock options. :2 cents:

its not 12% , its 4% :)

Very true. Also, possible to get 100%+ return off REGULAR stocks (not bullshit pump and dump penny stocks).

bump8chars

I know a guy that picks 4 winners out of 5.. since 1999!

If anyone want to get invloved with Options:

ICQ: 172759848

99% of these are scams i've tried some..

12dailypro is not investing, it's no different than gambling