Investment Gambler Are You, Hmmmm
High Yield Investment Plans occupy a section of the financial markets that reside in a murky, shadowy corner. Not many people know what they are, and those that have heard of them are probably convinced that they’re dishonest (they may be right). Let’s see if I can clarify some of the mystery surrounding HYIP’s
HYIP is an acronym that covers a lot of financial territory. It has, in the past, conveyed the idea of an investment vehicle offering a high rate of return along with increased volatility and risk.
Some investigators believe that the majority of HYIPs are Ponzi schemes, in which new
participants provide the cash to pay a profit into existing investors' accounts.
The problem now is that HYIP’s have evolved into "business opportunities" of dubious quality and honesty.
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