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| kuantanguy |
 Posted: Thu Apr 13, 2006 6:43 pm Post subject: |
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| Not all the HYIPs scheme are ponzi |
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| Benjamin |
| Posted: Thu Apr 13, 2006 6:49 pm Post subject: |
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| kuantanguy wrote: | | Not all the HYIPs scheme are ponzi |
Maybe not, but your signature link is a bit offensive. Please make it one line. |
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| InvestingMac |
| Posted: Wed Apr 26, 2006 11:38 am Post subject: |
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Investing Manager
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| kuantanguy wrote: | | Not all the HYIPs scheme are ponzi |
I would actually argue against that point.
HYIPs are based on churning incoming money and placing it in outgoing accounts. They rarely ever bring in funds outside of new users, and if so it doesn't come even close to recovering the costs of those outgoing accounts. |
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| Benjamin |
| Posted: Wed Apr 26, 2006 11:41 am Post subject: |
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| Pretty much like a pyramid scheme...at some point the incoming money can't sustain the "Investors". |
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| InvestingMac |
| Posted: Wed Apr 26, 2006 11:51 am Post subject: |
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Investing Manager
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Exactly right. Now they will try to convince you that paying out 1%+ a day is sustainable because of some new investment opportunity, or some intense advertising revenue they are bringing in.
Common sense mixed with some due diligence investigation will lead you to a different, and much shorter term picture. 
HYIPs are a gamble and presenting them as anything different is misleading. |
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| vetelmo |
| Posted: Tue May 09, 2006 3:40 pm Post subject: |
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Moderator
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| Well I check the links in rody's sig and two of them no longer work. These things are only up for a few months or sometimes weeks. I have not put my own money but i have paid a attention to these sites and it is DEFINITELY a gamble. One of the links in kuantanguy sig is no longer active as well. |
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