How To Protect Yourself If Investing Online (Part One)
This is the first in a series of emails designed to give you
the basic knowledge you need to make significant amounts of
money investing online.
First, let's examine what HYIPs are not. They are not insured
investments. They are not overseen by any government entity
onshore or offshore. Even when they say they are guaranteed the
most I have ever seen guaranteed is your initial investment. In
other words, you are on your own.
That being said, there are still, quite a few, well-run and
conscientious HYIPs out there that will make money for you with
little risk. Most of these types of programs are run by groups
of investors that know what they are doing. They tend to invest
in markets that are not well-known and catered to by the
established brokerage houses. For example, Smith-Barney or
others.
As I have said in past emails and articles, there is no 100%
safe investment on earth. There may be some like US Savings
Bonds that are close to infallible, but there have been civil
wars. Should there be one your bonds might not make it through.
And then, would you really care about the pittance they pay.
Let's face it folks, most of us are drawn to HYIPs by big gains
and short maturity dates. With those come the accompanying risk.
That is what I am here to teach you how to avoid the largest
portion of HYIP risk when you invest.
Here are the basic rules for investing in HYIPs and more-or-less
guaranteeing you the best returns.
1. Avoid any program that offers only e-gold as the only way to
make an investment or spend (jargon for putting money into a
program) when the e-gold account is linked to a yahoo, zipmail,
g-mail or hotmail address. This should be your first clue and a
red flag to pass on this investment.
2. Websites and programs of negative character will usually have
websites that are hosted for free from places like Homestead,
Geo-Cities or Tri-Pod or others. What you should ask yourself is
if they don't have the money to put up a quality site, they
probably want some of yours so they can beat feet outa town.
Your chances of investing for a profit are small indeed.
3. Avoid programs that do not have an email address or a phone
number for the program manager or a fax line so that you can ask
questions. Having a program manager's name and even a snail mail
address is a great benefit to have.
Sample of Whois follows below: Administrative Contact:
WhoisGuard WhoisGuard Protected
(a96f0d43d2324e6ab1337a3aec3aa031.protect@whoisguard.com)
+1.6613102107 Fax: +1.6613102107 8939 S. Sepulveda Blvd 8939 S.
Sepulveda Blvd Westchester, CA 90045 US
There is no program manager listed with this information.
Still, in this case I have chosen to go ahead with my
investments with this program as I have seen the original
program run and made (continue to make) good money. More on that
later.
4. Look for an investors forum. The most professionally run
programs have some sort of forum attached so that you can
interact with other investors and keep up with the pay status of
the program at any given time. Also, if you are new or
considering such a program you can get insider information right
away this way as to how the program is performing. If you
haven't noticed yet, Invest Place has added a new live chat
forum to their website. This can be interpreted as them being
serious.
5. It also helps to have a sponsor that has some information. I
have just provided you with what information I have. I have
approximately $400 of my own money in a program and feel
comfortable with it being there. Many of the programs that you
will hear about will not be good and need further investigation.
The ones that pass muster you should not hesitate to invest in.
More on how much in a follow-up article.
What I am attempting to teach you here is how to do due
diligence on these programs. If you learn to do this and then
actually do it, you will have more success than you can imagine.
Certainly, you will outstrip those that do not.
So, therefore follow these steps when investigating a program
for investment.
A. Go to http://www.GoDaddy.com and look up the who is on the
domain name. The "whois" is information that is listed when the
domain is opened or renewed. You will find this link at the
bottom of the Godaddy page. In that listing you may find this
info that you need.
1. Phone number 2. Fax number 3. Name to Contact 4. Who hosts
the domain. (Remember the free names I gave you above) 5. Snail
Mail Address
With this information or most of it you will be able to judge
the main thing and that is this: If the company has started this
investment program with the thought of being legitimate. Even
professional traders like the ones that run many winning HYIPs
lose at times. They may not be able to pay you at some time.
However, if done right over time you will have made plenty. If
you got your initial principal out and then some, how can you
whine about losing or complain they were less than upfront and
straightforward.
Remember, play with the rules you learn here and your exposure
will be much less than using other plans. Always have a plan and
expect to lose a little, but not a lot. Expect to earn much,
much more than you ever lose. Few sports teams around the world
ever go without losing occasionally. Very few. I hope you
understand what I am telling you.
Now, having said all that , get ready for Part 2 on how you do
win and win big. Are you ready?