Arena of Hyip: March 2007

Friday, March 30, 2007

myLot – a community that pays…

A few days back, I joined an online community of over 80,000 members. Yes, it is a big community. Sometimes you get lost in all the discussions going on there. Most of the times, there are about 3 to 4 new topics pop up every minute.

It’s called myLot

But, if you take a few hours getting familiarize with the settings, you will feel right at home in no time. The sheer amount of discussions going on, almost guarantees that there might be few that will interest you all the time.

Being active for a few days, I also noticed that the discussion going on there, in myLot is more civilized, stress free and positive. You can also define your own interest in a wide range of choices like favorite movies, your dream of future, things that you’ve done in your life, medicines and health issues that concerns you, pets and much-much more. Having done this, the nice people behind myLot will dig up all discussions that are connected to your interests and present it to you. Isn't that lovely?

And, as a bonus, for every topic you start, for every response you write and for every picture you upload, you’ll get PAID. Awesome, is it not? Minimum pay out is 10 bucks and will be paid by either PayPal or E-Gold, your choice.

Joining is FREE. Being active is FUN. And you will be rewarded in the form of CASH. What else can anyone who’s looking for an easy side income will be asking for? Join Now!!!

Thursday, March 22, 2007

HYIP- Shelf Life

No HYIP program will last forever. (Come to think of it, nothing in this world lasts forever, no?).

Every HYIP program has what I like to call as it's shelf life. Though there is no certain way to predict accurately the shelf life of any given HYIP, there are some tell tale signs showing whether that particular HYIP will last longer or will collapse in few minutes.

The best possible time to join a HYIP is probably within 2 days of its launching. This is when, a lot of "investors" put money in and very less request withdrawals. The admin will have the chance to build fund, pay for advertisements and work on promotions, which will eventually brings many more investors.

This is also time for the admin to build "trust" among his investors. So withdrawal requests will almost always be successful.

After this initial stage, the life expectancy of the HYIP program would depend entirely on the sincerity of the Admin. It might last long if the Admin really wants it and work for it. It will go ashtray the next minute when and if the Admin thinks he has had enough.

However, based on my little experience :

1. If the program offers high return in short period of time like 300% after one day, don't expect it to last more than three days.

2. Low minimum, such as $1 dollar probably means the Admin is trying to extract as many investors as possible in short period. This will also vanish in no time.

3. High referral bonus. I have mixed feelings about referral bonus. It can be seen as the Admin's way of promoting his program on low budget, sort of like pay per click. But if the referral is higher than 5%, I would be highly suspicious. See No2

4. If the Admin advertise heavily in HYIP monitor sites and HYIP forums, it might last longer. The Admin has invested in the program, so he might one to stick around until he make profit. Simple logic.

Assuming the Admin has no outside investment (As the case with most HYIP), The program will last as long as the money bought in by new investors are more than the withdrawal amount requested by old investors. So, as long as there are new investors (who brings in substantial amount of investment), you can rest half assured that you might get your investment back.

I said half assured because, you don't know what's going on in the Admin's head. You can only predict.

If you can follow one rule of HYIP, NEVER TO INVEST MORE THAN YOU CAN AFFORD TO LOSE, you can have fun playing this game and maybe make a few bucks of it.

Monday, March 19, 2007

Help Needed - How do one kick his own arse?

You have read more than enough HYIP guide to know that anything more than 3% daily profit is pure fantasy.

Then you stumbled upon a site promising 900% return after one day. No kidding. 900%. What should you do?

FIRST... Chant “Scam, scam, scam”
THEN...Close the browser as fast as possible
FINALLY...Continue the day happily with your cash safe and sound in e-gold.

Instead, you choose to rationalize irrationally. The site’s only 2 days old. Of course it will pay for a few days to lure more “investors”. You can just dip in $2 dollars and get out with $18. Easy money!!! Come on. 2 bucks.

Yeah. That’s 2 dollars down the drain.

Now, does anybody know how do one kick his own arse?...I would be happy to give one for myself.

p/s : If you are still wondering, noriskhyip.net is a ponzi. Stay away

Wednesday, March 14, 2007

Best Hyip Admin- He, who forgets dots

I "invested" $2 test spend on a HYIP program that promises 115% return after one day. I was suppose to receive a total of $2.30, right?

Now, imagine my shock, when I checked my e-gold, I got 23 dollars instead!!! Pleasantly shocked indeed. The most possible explanation would be that the poor admin somehow missed the dot between 2 and 3. Lucky, I am.

I made another spend, 10 bucks this time. And received $11.50, as I should. Actually I was kinda hopping he forgets the dot again. LoL.

Anyway, I "invested" yet another $10. Am crossing fingers now.

The program is named Secret Invest. And true to its name, It operates really very secretly. They don't even have a website. Just an e-gold payment gateway. You make your spend and 24hrs later you receive your investment plus a 15% profit. They come with cute cryptic memos too, like "Secret Invest-Better than sex". The admin is invisible.

Usually, admin of HYIP sites like to hang around HYIP forums to promote their programs and do Q and A with "investors". Not this one though. He just paid for a sticky thread at Talkgold and went underground.

So, I don't have to stress to you, my readers how high the risk is involved in this. I am not saying that programs with flashy sites and custom scripts and friendly, available-around-the-clock admins are trustworthy. But since there is nothing......well, I don't know how to say this but I just feel that this program is so very high risk. I am considering it as pure gambling.

It is paying though. Until now that is.

Monday, March 12, 2007

Diversify? Nah. Not in Hyip.

Let’s say you have 100 dollars. You pick 10 random HYIP and invest 10 bucks in each. After all, there never is any guarantee in HYIP, you rationalize. 8 of them became defunct within 2 days of your investment, without you earning a cent. Two lasted long enough to give you a 200% return (I am assuming generously here). How much have you earned with your initial 100 bucks? A total of 40 dollars. You lose 60 buck to the myth of diversifying.

I am not telling you to put all your eggs in one basket. But don’t use too many baskets. Pick a few HYIP plans. Study them and make informed “guesses”. Put your money in best two, or three. And then cross your fingers. That’s what I am doing now. Let’s see how this works.

Wednesday, March 7, 2007

20 cents For You. Right Now.

Yes. That's right. I am giving away 20 cents to all my readers. (Paid to your e-gold account, so if you don't have an e-gold account, perhaps it's time for you to have one!)

Now, what do you have to do to get paid?

Very simple. Sign Up to be an AGLOCO Member. It's FREE.

You might think 20 cents as pittance. You might not want to waste your precious 30 seconds (That's all it takes to click on this link and sign up), but here's something you want to ponder upon.

1. You are online, surfing the web anyway. If by clicking on this link and spending few seconds filling up a simple form you earn 20 cents, Why Not, right?

2. By joining AGLOCO, you are actually joining A Global Comunity of everyday consumers. You will be sharing a portion of profits Companies allocate for their advertisments. That's what AGLOCO is all about.

To learn more about AGLOCO, read my post here

All you have to do is, Join, Build your network, and Surf the net, just like you do everyday.

The only difference would be YOU'LL BE PAID FOR IT!!!

Start getting paid right now (Not by AGLOCO yet, but by ME).

Join AGLOCO, and email me your AGLOCO id and e-gold account number.

I'll transfer 20cents to your account as soon as possible!!

JOIN NOW!!!

UPDATE : I will not pay for registration anymore. You are however, still very much welcomed to join AGLOCO

Tuesday, March 6, 2007

Loans & Mortgages- Rise your Credit Score

It’s time to apply for a car loan. What comes first to your mind. Yes, you are right. The first and the ultimate question would be :

How’s my credit score doing?

It’s very important to have good credit score. As higher credit score means

1. Easier to get your loan approved
2. You’ll be charged lower interest rate.

So, what is credit score? It’s a number generated by a complex string of mathematical equation comparing the information in your credit report with the information of millions of other people. It’s complicated and you don’t really have to know the detail. The important thing is, bring your credit score to the top and make it stay there.

Now enters Season Credit.org. The great gentlemen at SeasonCredit.org are offering you some very insightful information and guides on how to raise your credit score.

If you sign up with them, you will be able to learn how to legally add up to $47,000.00 to you revolving credit cards account with more than 30 years of perfect payment history. In short, they will show you how to make yourself the darling of lenders.

SeasonCredit.org will also show you how to use existing law in order to help you repair your credit history, so that your credit score soars high and stays there.

Above all, if you sign up with them, SeasonCredit.org promises to reveal the ultimate secret, information that the credit bureaus try mightily to keep out of consumers’ knowledge. This is something you have to know, to keep your score high.

How important is it for you to maintain high credit score? Based on FICO score, a person with credit score 550 will pay USD376 more in monthly installment compared to one with 770 for a 36 year, USD100,000 home loan. It’s about 285,000 dollars in interest. Now, It does pay to keep your credit score high, no?

So do yourself and your credit score a favor. Go sign up at http://www.seasonedcredit.org/

HYIP - The Risks

One of the hyip investment I got into recently ran away with my money. This is not the first time, and it probably won't be the last. Why are you taking such a big risk, a friend asked me this morning.

I didn't give him any answer, as none was expected.

So, why am I putting my money in high risk potentially-ponzi-hyip-investment?

I was cheated the first time I invested my money on HYIP. It hurts then. But now, I only invest with the money I will otherwise spend on unnecessary luxuries. If I make few bucks on that, all good. If not, it was meant to be spent anyway. See, complete detachment. Of course you can see it the other way, saying that money spent on say, movie outings are better then letting it go to the crooks. Very well and true. But how do I know it is going to the crooks? I took chance. I want high yield profit. It comes with high yield risk.

After all, isn't it what "speculation" is all about? You cannot expect to make a substantial return if you are not prepared to accept a certain amount of risk.

Will it not be better if you can quantify the risk, you may ask. Most professional investors do detailed risk calculation and profit prediction before investing. But HYIP investment on the net is mostly unquantifiable. Most of the admins have no clear strategy of investing (if they at all do invest). And large numbers of small investments expecting profits in double and triple fold overnight drive this admins deeper into shit hole, which in return makes them do the obvious, take the money and run

I tried hard and am still trying hard to avoid this type of investment. But since, nothing is as what it seems, I sometimes do fall into the trap. Less frequently now, though.

There were few programs I was tempted to invest in, last few weeks. But after going through their site, looking for tell tales of ponzi, I steered away, and some of them did turned out to be scams. I gave a pat on my back and continued my journey. Few days ago, i fell into another scam. I got up and kept walking forward.

So where do I get money to invest in? Its not coming from my savings, not anymore.

Before venturing into HYIP, i have no idea how the world wide web, which I have been using for so long, could actually be utilised to generate extra income. No, I am not talking about big companies selling their products online. We, as a consumer can make money being us, consumers. People pay to get us complete their surveys, read their emails, visit their site, post on their forums.

And then there's HYIP, where you invest some money and hope for profit.

Its fun to be on the net. Its fun to make money via the web. Just remember, Do not ever, spend the money that you could not afford to lose. The rule is simple.