High yeild investment programs. scam or actually a quick way to make money the risky way?

April 12, 2009 by How Savings Bonds Work  
Filed under High Yield Investing

Can you answer ellerkampbrian’s question about Bonds?:

Has anyone here tried a high yeild investment program online? (HYIP’s) Are they legal? They advertise paying out unbelievable amounts of daily compounded interest. Seems like making money on them is possible but, you would have to get out in time before the bubble bursts.
examples of the websites that I am referring to are: solidinvestment.com, value-discovery.com, newbiehangout.com/hyip and the like. There are a lot more out there, just type in “high yield investment program” into the Yahoo search engine and see what type of websites it lists

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Comments

6 Responses to “High yeild investment programs. scam or actually a quick way to make money the risky way?”

  1. adsrtw on April 16th, 2009 3:45 am

    Bonds Feedback: Never invest in high yeild for the short term, you usually loose money for the first few years.

  2. baji10 on April 17th, 2009 6:18 am

    Bonds Feedback: scam

  3. sobeornotsobe on April 17th, 2009 10:25 pm

    Bonds Feedback: scam
    if u like a qiuck way to make money the risky way try poker :-)

  4. chartley on April 18th, 2009 11:53 pm

    Bonds Feedback: It depends on your definition of high yield. If you mean 10-14% it is out there and legitimate. Check out

  5. Joe on April 20th, 2009 4:11 pm

    Bonds Feedback: solidinvestment.com is located in the country of Belize. Investing in Belize is about as safe as investing in Nigeria. It’s a banana republic. As for rescapfunds.com, they are highly speculative, they say so themselves in the link below. I googled High yield investment program with the word “scam” and found out a lot. The US Treasury department considers the phrase “high yield investment program” a red flag that you are probably dealing with a scam. See the second link. I suspect you are reading too much spam e-mail…

  6. THINKMAAN on April 21st, 2009 3:27 pm

    Bonds Feedback: Scam, watch out!

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