Please excuse typing, spelling and grammerical errors. They are not my strengths.

There was a lot of response to a post I made in the Relax Business thread. In my pernsonal info I state that I like helping the other guy. So I better start living up to my creed.

1st- Im am not smarter than any of you. And there is no substitute for personal research. You have read and read and when your tired take a break then read some more. As I said before you make the money upfront with when you do your research.

2nd- In on-line investing its all about the info and communication lines. Ask questions, if you don't get the right answers don't invest. But if the admin is too helpful don't invest either. As a pharmacist i have found some of the most firendliest and talkative people are drug abusers (because they want my co-operation to get there drugs) The same is true of scammers.

3rd- Patience. Don't fall for that greed thing where your minds says I got to invest right now or I'll lose a bunch of money. But not too patient. Most of this sites have a limited life span.
(As seen in Relax Biz- but more about that later)

4th- Learn from your mistakes. If you lose money don't worry, even Warren Buffet loses money. No one is succesful all the time. Figure out what you did wrong and try again.

Well that all for now. More ideas will come later. If there is interest.

There are programs I suggest you look into. Open trade and Cobex.
My experience.

Open trade has been around for a long time. They have a real good business plan and responsive coustomer service. They have weathered the egold storm buy removing it. They could have turned and ran, but they stuck it out, transfering accounts to ebullion. That must have cost them some bucks. But they said they have reserves for troubled times and since they have survived they must have told the truth. They have a lower (thus more realistic) return. And I like that the return is variable. Therefore if the trades went badly the return is lower, thus safe guarding their reserves. They do have a guarenteed bottom so you will get a very decent percentage even when thing aren't so hot. They post there daily trading so you can track whats happening. You can withdraw for free every two weeks but you can get it sooner but there is a fee.
I have 10,000 there and in the next two weeks I'll be in the profit, 100% funded. I have met face to face one other investor who has twice as much there and has doubled his money. He is thinking about adding another 5k.
Don't take my word for it. Do your research. Read the thread, read on DreamTeam Money and talk gold and blogs too.

Cobex.
They haven't been around as long as Open trade (that is, in the on Line HYIP world) But they have been around long enough. They work exclusively with egold. They could be a red flag so proceed with caution. But the way I figure is that egold is trying to shut down all accounts that can't verify that they are real businesses. Since Cobex has had no troubles yet they must have supplied the correct documentation to avoid any troubles. Therefore I'm guessing that they proved that they are a real biz to egold. They have excellent coustomer service and communications. They give you daily emails about your account. You can talk to a real coustomer service person. I've done so twice. She has a thick caribean accent. I had a problem with my sign on (I had spelt it wrong- go figure) and she helped me resolve it. They have a lower (again- realistic) return. They say they give out a free debit card when you get 2000 into your account.
I have 1700 there and I trust them enough that I am breaking one of the cardinal rules about HYIP investing. I'm 100% compounding until I reach the 2000 mark. I'll post when (and if) I get there debit card.

Don't you dare invest any of your hard earned cash until you have done your own research. Read and Read and Read. Call them Email them.

If we all hold theses admins to a higher standard of service and info then the scammers will have a harder time fooling us.

I'm going to break another one of my own rules. I'm posting my links. Use them at your leasure.
Here's another tip. Beware of refferal hounds. They make most of there money by getting you to invest and making a refferal bonus on it. They probably don't even have anything invested there. They don't care about you just there bonus.
If you read all my posts I think that I have proven that I am no refferal hound.

cobextrade.com/?partner=eagertolearn
opentradde.net?id=smmuQqhv4sE
Don't try to click on them, it won't link. I don't know how to do that I don't want to know. Its all part of that reputation thing.

I'll be posting more info only if I get a response to this thread. After all why should I put in the effort if no one pays any attention to it.

As always Good luck to everyone. Eagertolaern

This post has been edited by eager to learn: Oct 1 2007, 08:00 AM

Thanks for the tips.

Please let us know when you join new site.

How long is the "perfect" time to join a long term hyip site?

I usually join long term site between 3-5 weeks after thier launch. How about you?

Thank you for share your experience.

Well, at least I'm the second who posted here and very interested.
Please keep me update as always. It's good to know and learn from the person with good experience.
Thanks again for the tips!

This post has been edited by vvichais: Oct 1 2007, 08:39 AM

Very cool, some people did read this thread.

Oe eO I haven't figured out the perfect time to invest. Remember tho that any one can get register as a business and get a credit card in the mail for and easy 5-20k. With that amount any crook can make payments for a month or two, just off the credit card. Then they can fold the business and run with out any personal obligations. And that is totally legal.
And I have heard a well ran ponzi can survive up to a year before the house of cards fall under its own weight.

In my opinion investing a month or two after a project is open may get more interest bearing time in a program but it says nothing about the legitamcy of that program. Long or short term.

Thanks for the info. As a newbie myself, I want all the good info that I can get my hands on. I know that any investment is a risk, but I want to try to minimize my losses.

Go to relax business. I posted some thing there that might be of interest

Please post here or PM me when you join a new site.

Thanks for your info. I am looking forward to learn from your experance.

check out Ipb-forex.com

Not a hyip its a real biz.
Details- low returns, dosen't payout until 60 days are past, no refferal bonus. no egold
But-
Been in biz for 4 years. Incorp. in Nevada USA. And has offices in Chicago. Is listed with the Better Business bureua of both Neveda and Chicago. The toll free telephone number works. They list there Chicago office address and telephone no. I called Chicago and talked to one of there brokers.

Im not in this one yet but soon will be. This I think is a keeper. Stick alot of money here and forget it, come back in a year or two for a big cash surprise.

A real passive income op.

thanks. will look at it.

Your suggestions seem good but I seriously think that the HYIP world is very risky. The easiest way to do it, long term or short term - will be to get in really fast and then get out. If you are amongst the first few to sign up, they have no choice but to pay. Never put all your eggs in one basket unless you are absolutely sure of this.

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