high yield investment funds - where to?
By pierrella
@pierrella (1087)
Philippines
May 12, 2010 6:44am CST
I have some money lying idle in my paypal account. I wanted to invest it in high yield funds so it earns me money while it is not in use. But I don't really know where and how. Can you guys suggest some trusted high yield funds?
What do I need to open up an account? Please feel free to post your reviews and comments on these kinds of investments. Thanks in advance!
4 responses
@catalyser (531)
• Malaysia
12 May 10
I should really advice you against it. A lot of HYIP turns scam very fast and very often. I have seen a relative of mine invested twice in a HYIP called swisscash and winlifund. Both disappeared after a few months.
1 person likes this
@realbusinesswithyou (226)
• Philippines
12 May 10
just be safe, because when i searched for HYIP, i found an article on wikipedia saying that HYIPs are a scam. dont know if its true but it came from a reliable source. just think first and make sure its safe before investing.
@magtibaygom (4858)
• Philippines
12 May 10
This is not to hurt HYIP fanatics here. I would say 99.9% of HYIP are scam. If your emotion is resisting this fact, try investigate one HYIP site that you know. Find out its nationality. Then phone the government where it claims they are registered with, inquire to the authorities if the HYIP company you are investigating is licensed to sell investment products.
@abiel_paltao (194)
• Philippines
12 May 10
most HYIP sites dont support paypal. you may want to convert your fund to liberty reserve since its the most used for HYIP sites.
@klipjobs (24)
• Indonesia
18 May 10
most HYIP's use liberty reserve, so first of all is to open a liberty reserve account and convert your money from paypal account to liberty reserve account. but you will not be able to do that well from the account of the paypal and liberty reserve account. to do it a third-party services are usually used to transfer between accounts, that is a party that has both the account.
