Is investing in HYIPs worth it?
Jun19

Is investing in HYIPs worth it?

What is a HYIP?

A HYIP is exactly what its name means, a High Yield Investment Program. In other words, it is a investment plans that promises big returns. Not all HYIPs are legitimate. There are plans called Ponzi schemes which are scams which offer the investor an impossibly high payout. But that is just one type of HYIP. And it is a negative example at that. While HYIPs are an easy option for scammers, it is also a very serious and carefully strategized option for investment administrators and traders. For most investments, these professionals are required to obtain licenses for practicing in their respective company. However, these professionals can operate investments without getting licenses or following country regulations by starting and investing in an offshore company. This is the most popular way to do the enormous investments of HYIPs.

Are They Worth It?

The good legitimate HYIPs are definitely seen as worth it because they are, of course, worth it with huge payouts but also because they are viewed as exceptionally dependable investments. There are also a number of different faces and forms of HYIPs.  But just because it is a legitimate HYIP, does not mean that it is good. The e-gold form was technically legitimate, but it wasn’t safe or good or reliable. Fortunately and as a result of these things, it ceased to exist.

What Not to Do When Investing in HYIPs

via GIPHY

The fact that there are these very legitimate, good, and reliable sources in HYIPs and that there are such high returns, does not mean that everyone should invest in them. You should not do so if you can’t afford it. In essence, there are three primary things you should consider before you decide to invest in HYIPs: First, gauge your investor mindset. Are you a risk-taker at heart and willing to take responsibility for the repercussions of those risk whether good or bad? The risk can be so great that you can lose your entire investment in only a few hours. Second, make sure the HYIP you want to invest in isn’t a scam. If you are going to invest a lot of money, you need to be sure not to invest it lightheartedly with a person who is just going to cheat you out of it.

What to Do When Investing in HYIPs

If you decide you want to go into HYIPs, you are very well advised to get a trusted, experienced, and knowledgeable professional to counsel you through the procedure. Use a hyip monitor to check if a program is good / bad. These professional individuals will help you navigate the arena and avoid the scam artists with their false promise of high returns. There are multiple ways to locate such people. You can do some good research right online. During this online research, you will find reputable sites that even allow you to engage in HYIPs right then and there. (But make sure they are reputable.) Most HYIP don’t last very long, so to make it profitable you have to get in as early as possible and know when to get out.

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Trend following: The key to trading
Jun06

Trend following: The key to trading

One common way that individuals and institutions trade in markets is through tracking and acting on trends. Trend analysis and trend following can help a company to identify market opportunities and know opportune times to enter and exit positions, often riding on the coat tails of a trend and exiting before that trend reverses. While it can be difficult to identify trends early enough in order to benefit from them, as well as knowing when to exit the trend, it can be an effective and lucrative way to trade.

Spotting Trends

One of the most challenging things to do when following a trend is knowing when and how to spot them. Stocks will move up and down routinely throughout the day when a stock is trading and can quickly reverse. To start with you should understand your trading horizon. While trading on a trend of a stock will not be a long-term process, trading in terms of minutes or days is a different thing when trading and requires different strategies.

Intra-Day Trend Trading

If you are looking to trade for a few minutes to capture a smaller movement in stock then you will need to understand how t quickly identify these opportunities and capitalize on them. Often, computer programs are used to quickly identify a trend based on criteria that is predefined, either based on pre-programmed or custom designed guidelines that you identify. For example, if a stock increases two percent quickly on a certain volume, you may have a trigger to buy the stock and hold until it increases another percent. Doing so can let you take advantage of a nice market move. This is the strategy that is used by many high frequency trading outfits and allows for impressive returns if you can quickly locate and execute on trades.

Multiple Day Trading on Trends

Some trend trading is designed to take advantage of longer periods of time. These trades are less based on speed of execution and are more based on locating good pricing opportunities. For this protracted trend trading, the emphasis is on using tools that spot trends often through the use of regression analysis which will pick up the manner in which a stock is trending based on historical performance through a regression curve and identify that this is the most likely future path of the stock. If the stocks current price is slightly away from this trend than a trader may decide to chart it back to this trend. Capitalizing on these longer term trends may not be as instantly gratifying as a short trend trade, but may provide for larger movements and less risk overall for the trader.

Benefits of Trend or Momentum Trading

Trend or momentum trading can provide some significant benefits for traders. Traders can quickly capture returns and minimize the risk as they are not a long term holder of a stock position. In addition, they can often keep themselves from getting wedded to a specific stock or ideology only to it quickly change on them. Trend or momentum traders will use a system and industry for a short-term period and quickly shift gear as new opportunities arise which can help to prevent them from falling victim to the fates of an industry.

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Tips On Using a Credit Card
Apr24

Tips On Using a Credit Card

Research Cards and Companies

Not all credit cards are created equal. If you are looking into acquiring and using a credit card you should shop around. You should consider what types of purchases you will make with your card and whether or not you intend to pay off your credit card balance every month. If you plan on making many purchases with your credit card and then paying off the entire balance every single month, then you should look into getting a rewards card. Rewards cards can provide you with cash, physical items or points toward additional purchases. By using a rewards card wisely, you can actually profit from using your credit card. On the contrary, if you wish to only use your card for emergencies and you do not have a large amount of extra income to put towards credit card payments, you should look into getting a card with as low of an interest rate as possible. While most credit cards have fairly high interest rates, it is possible to find some on the lower end of the spectrum.

 

Only Use a Credit Card for Necessities or Emergencies

You should strive to use your card only for things that you really need or for emergency purposes. It is important that you do not make credit card purchases for non-essential luxury items – especially if you do not have the means to pay off your credit card balance in a timely manner. When making a credit card purchase you should take the time to consider whether or not you really need what you are buying.

 

Try to Pay Off Your Balance Every Month

Credit card interest rates can be fairly high. If you fail to pay off your credit card balance at the end of the month then your balance will begin to accumulate interest. Even if you make minimum payments toward your balance, the interest generated can really add up over time. Therefore it is important to try your best to pay off your balance at the end of the month before any interest begins to accrue on your debt.

 

Make At Least Minimum Payments

If you are unable to pay off your balance every month, you should at least make minimum payments toward it. While you will still be accruing a fairly large amount of interest, if you fail to pay your credit card bill it can damage your credit score. If you miss multiple credit card payments in a row your credit card company is likely to “charge off” your card, which means that they will close your credit card account with them and you will be unable to make any future purchases with your credit card. This could also have a severely negative effect on your credit score, so you should do your best to make at least minimum payments on your card if you are unable to pay off the full card balance on a regular basis.

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