HYIP Basics: what to start out with? - HYIPs Talk

d4tacom · #1 (**permalink**) 06-30-2007, 03:15 PM

HYIP Basics: what to start out with?

So, if the “yes” qualities are predominating in your case and you decided to take the risk of choosing the way of an “HYIP-Investor”, I will share some thoughts with you.

What to start out with?

First of all with studying the theoretical aspects: visit various HYIP forums, read articles and recommendations; listen to those who already have significant experience in this field. Don’t hop in without conducting a preliminary research. Our website HYIP-Navigator.com will help you with it: read different articles from our E-Magazine, interviews with well-known people of the HYIP world, familiarize yourself with program reviews, read our book on investment advising, visit the forums HYIPDiscussion. Try learning from the mistakes of others – not from the ones you make.

Initial capital

Don’t believe that it’s enough to have a couple of bucks for HYIP since many programs have the minimal investment amount set to $1-$5. If this kind of money is at your disposal, you’d better visit the nearest café and have a bottle of beer. You can start learning with the amount equivalent to $100, and the minimal amount for investing with the purpose of receiving some significant income should be at least $1000.
Finally, keep in mind the golden rule of an investor: deposit only what you can afford to lose with no harm to yourself and your family!

Diversification of funds

As you already know, the second law of an investor says: don’t put all eggs in one basket – in other words, diversify your investment portfolio. No matter how reliable a program seems to be, do not deposit all money into it, spreading it between 10 more or less reliable programs instead. Five of them will most likely close down in the near future, and the remaining five will provide you with the desired income.

Account safety

Take extensive security measures: install the newest versions of anti-virus software, carefully familiarize yourself with safety rules for E-gold accounts and follow them. Hackers and other online crooks and thieves don’t sleep! Remember that your carelessness may cost you your money.