9 Steps to Getting Started
Before you can get started with High Yield Internet Programs (HYIPs) there are a few things that you'll need to have in place (if you don't already have).
We have broken them up into 10 steps to make it easier to follow. Some of the steps you might already have in place so just 'step' over them and continue with the next one.
1. USERNAME
Choose a online program name for yourself that you'll be using in all the programs from now on. You can use your real name but most people have a 'online name' for use in forums and programs.
2. PASSWORDS
(Ours is *********) :-) Get yourself a password manager. (Manual or Roboform). In some of the e-currency accounts you'll need two passwords. Choose or assign a different one for each program. You'll also need passwords for some Forums and Chat Rooms to participate. If you're not using a manager, get about ten ready. Make them good and at least 12 characters.
Please Click Here To Visit RoboForm
Roboform software is our personal recommendation for keyless password entry into any program or site that requires a password, and can also be used to quickly access those sites, with one click, that either do or don't require a password.
It's a great software program that keeps all of your information handy and fills in all kinds of forms. There are those who debate about keeping a program like this on your PC, but if you utilize a full internet security program (like a firewall, anti virus software and spyware removal tools), then this form filler is safe and can do your password entries without using key strokes.
We highly recommend that you go ahead and purchase RoboForm Pro. It has unlimited passcards and you can install unlimited custom info fields. It's the greatest information entry time saver available on the net at this time, and like we said, it will securely enter your saved passwords without keystrokes.
It also keeps you from forgetting the entry information to all of your programs, and the data can be backed up, so you wont lose it if your PC crashes. It also stores the URLs you need for entry to your programs. We just cant say enough good things about it and We would probably be lost without it.
3. EMAIL ADDRESS
Have your email address handy. Depending on how you're currently working, it might be a good idea to get a second/third email address. Preferably not a free email address like hotmail or yahoo.
Remember all the correspondence relating to HYIP Programs will now go to this email box. You'll also get your program verifications and passwords at this email address. If you're going to refer others to your programs, you might want to have referral mail to come to a different email.
The only important email address is the one that you'll enter at all the HIYP Programs and e-currency accounts as it may be very difficult to change later due to security reasons.
4. THE PLAN
"The Plan" is to eventually fund 10 plus programs, and as soon as some pay out widen your programs to up to 30 or more. Your faith in "The Plan" then matures and grows stronger as the overall financial picture, including wins and losses, balances and produces and positive cash flow. The programs themselves individually are not the focus except to try and do as much due diligence as possible so you enter the best 20 that are paying and have the longest track records. It's too easy to want to put ten or twenty grand into a couple programs and be done with it; but it's much safer to fund $500 to $1,000 in twenty different programs that are considered the best programs. Then when one or two fail; it's no big deal. Concentrate on the "PLAN" not the "programs".
(This is a guideline - you may have your own - but DO HAVE a Plan). Without a Plan is like taking to the seas without a compass or charts, it's a ship without a rudder. We are serious, make this the corner stone of your program and you won't fail.) There are two parts to this, the Spending Plan and the Timing Plan.
SPENDING PLAN: With your initial funds, select several programs that seem stable. See Passive Income Programs for some of our personal choices. Out of the selected programs you choose, rank them in order from 1 - 7 (best chances of being able to payout to worse, highest to lowest ROS (Return on Spend), or most to least daily time required , etc. whatever your particular requirements are. Some people don't have the time to auto-surf, others have limited funds, but lots of time, etc).
After ranking the 7 or so programs from best to worse, spend the following percentage of your initial funds:
Program 1 - 25%
Program 2 - 20%
Program 3 - 15%
Program 4 - 15%
Program 5 - 10%
Program 6 - 10%
Program 7 - 5%
For example if you're starting with $200 to invest with, you'd spread it out accordingly:
HYIP 1 - $50
HYIP 2 - $40
HYIP 3 - $30
HYIP 4 - $30
HYIP 5 - $20
HYIP 6 - $20
HYIP 7 - $10
This will get you off to a good start. Then as money starts rolling in, you can harvest and re-spend into new programs, or even into the programs your already in.
TIMING PLAN: Then decide and do a Timing Plan of when you'll re-spend/withdraw your initial spend/withdraw earnings. Decide upfront how much you want to spend and when. Then use the program's rules and set the date that you'll have received your initial spend back.
Make notes of when, where and how you'll re-spend your profits. Enter dates that you would expect to get profits and then decide what percentages you will re-spend and what you will takeout.
Once you've completed your plan, put it somewhere that you can look at it everyday and take action accordingly. If you make new spends, add them to your plan and keep updating your plan with action dates set all along the way. This way, you'll have no problem in making a good return on your money. The main thing to remember is that you must Stick To The Plan. Sometimes a program looks very tempting to leave funds in and just let it grow. Be careful, this is when your risk just doubles with each period the fund stay out there. Stick to the plan and don't let the greed factor creep in!
How long does it take to become a millionaire with an HYIP?
Let's assume you start with $500 to invest.
Here's how long it would take to go from $500 to $1,000,000 at various rates of interest compounded monthly using an online High Yield Investment Program.
5%________Forever! (Almost)
10%_______6 years 8 months
15%_______5 years 6 months
17.5%_____ 4 years
20%_______3 years 6 months
30%_______2 years 5 months
40%_______1 year 11 months
50%_______1 year 7 months
60%_______1 year 5 months
70%_______1 year 3 months
80%_______1 year 1 month
90%_______1 year
100%______11 months
110%______11 months
120%______10 months
130%______10 months (+2 weeks)
140%______9 months
150%______9 months
There are some interesting things to learn from this chart.
From 5% to 10% there is a massive drop in time, there is another pretty big drop at 20%, a smaller but worthwhile drop at 30%, again at 40% and marginally at 50%, but from there each 10% more has a rather small effect.
From 80% to 150% notice that even though you have almost double the interest (added 70% to it) you only shave 4 months off the time (reduced the time it takes by about 30%)
Making a bar graph of the above (with 10%, 20%, 30% up to 100%) will show you what the best percentages are.
Bar Graph - Time in months to become a Millionaire
How long to go from $500 to $1,000,000 at various rates of interest compounded monthly?
10% llllllllllll llllllllllll llllllllllll llllllllllll llllllllllll llllllllllll llllllll
15% llllllllllll llllllllllll llllllllllll llllllllllll llllllllllll llllll
20% llllllllllll llllllllllll llllllllllll llllll
30% llllllllllll llllllllllll lllll
40% llllllllllll lllllllllll
50% llllllllllll lllllll
60% llllllllllll lllll
70% llllllllllll lll
80% llllllllllll l
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110% lllllllllll
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The graph shows us very clearly that between 30% and 50% is the best range.
However, 20% is a big advantage over 10% that's for sure, and is the first really worthwhile interest.
Later on, you'll want more security and you'll have a broader base of more secure lower paying programs to provide it. You can go on vacation without worrying that your Very High Yield risky fund has collapsed and taken a large percentage of your "float" with it.
Of course, all the above is based on the assumption that something that gives a 60% interest per month is more than 3 times riskier than 20%. (and will have less than 1/3rd the life span).
Not always true, but a rule of thumb. You've got to remember that none of these is like the "spend and forget about it" rules of conventional 3% a year federally insured bank accounts. It's like being an independent adult. You can lose. No one is going to take that loss for you. But let us tell you this, the rewards are much greater also, and they are ALL yours when you earn them by your own self-discipline, persistence and experience.
5. OPEN YOUR E-CURRENCY ACCOUNTS
Use a list of the programs you intend to participate in step 4 above and then list the e-currency accounts working in each program.
The rates at E-Currency accounts is less than at others like Stormpay but Stormpay is easier to use with credit cards as you don't need to fund upfront.
Now open these e-currency accounts:
[Click here for E-Gold] [Click here for INTGold] [Click here for StormPay]
If you don't already have e-currency accounts, we suggest opening them right away. E-gold and INTGold are the most widely used e-currencies amongst HYIPs and are free to join. The most prudent thing to do is open an account with ALL three though.
6. VERIFICATION
You'll need to verify your ID with some of the e-currency accounts to be able to withdraw funds later. (And in some cases to fund your account). This is mostly for your security, and also to verify that you're not laundering money. To do this, you'll be required to send a copy of your Driver License/Passport photo ID, Utility Bill, etc. See individual programs for requirements.
7. SIGNUP AND OPEN YOUR ACCOUNTS
Use your list of programs in YOUR PLAN above and open a account for yourself with each of the programs you choose. At this time, also join each program's Forum and chat room. Read the rules and workings of all the programs you'll be joining.
8. FOLLOW THE 3 RULES OF HYIP - Simple as 1, 2, 3
Rule #1 - Don't play with the milk money! In other words, never use funds you can't afford to lose. Do not max out your credit cards or spend money that you need to live on. Do not deplete your savings or put your financial health at risk, EVER! ...Got it? ;o)
Rule #2 - Your Principle is your PAL. Recover your principle. Be sure to pay yourself back your initial spend as soon as possible so you can plant the next harvest.
Rule #3 - DIVERSIFY! Spread out whatever amount you have to work with into at least 5-10 programs (minimum) to reduce your risk. Never put all your eggs in one basket. If one venture goes sour you still have the others intact to produce income. Some will go sour! If you don't enter this arena intending to fund many different programs overall before you're done; you shouldn't be playing here at all - you'll get burned. Funding two to three programs with large amounts is financial suicide; just like it is in the stock market. Just like the "Mutual Fund" approach, focus on the overall "Plan"; not on a single program or two.
Build your program list up to no less then seven to ten, it may take time but this is the proper way. Do not, we repeat, Do NOT, lay your faith on a single program or two. It can destroy you and make you bitter and blind in this arena.
Remember to also be patient - We only had to "burn our hands on the stove" one time to learn that lesson! Smart money stays in an income-earning position. Impatient money always loses, always!
9. FUND
If you got this far and all has gone according to plan (expect that there may be a few delays as verification sometimes take a day or two), you should now do your initial spends in all the programs. Visit the sites daily or as often as you can. See your money grow and monitor the accumulated funds. Remember, take out your initial spend as soon as possible. Now use your plan and follow it daily. Make changes to your plan as and when required. [TAS]
GPTCenter
Cuek bebek
