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What is HYIP, it's used in marketing?


What is HYIP, it's used in marketing?

HYIP stands for High Yield Investment Program. While a HYIP may sound enticing, you should be careful; many HYIPs are little more than thinly disguised ponzi schemes.

A ponzi scheme is a system by which investors are lured to invest in a program by promises of very high returns on the investment. Early investors are paid using the money that later investors invest in the scheme. Things go well until new investors stop joining the system and the money runs out.

Those HYIPs that are not ponzi schemes are frequently outright scams. Investors not only are never paid any interest yield, they also never see their original investment in the HYIP again either. If the returns sound too good to be true, the HYIP is likely too good to be true. Claims of secret banking systems and alternative financial networks are simply false. In fact, the problem became common enough to cause the Federal Bureau of Investigation (FBI) to issue warnings about being taken in by the claims

(Buy a nice mutual fund such as FFALX.) Please check carefully before making any investment. The above comment in paragraph was written by socalsnugglepal and in no way is a recommendation by www.wisegeek.com or yahoo are any or it's advertisers or subsidiaries.

Hypodermic. An injection of sorts! The term "hype" came from this.. We are after all a drug culture!

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