Wednesday, September 27, 2006

Top 10 "Due Diligence" Myths

by Tony Clifton

Are you doing your Due Diligence? Everyone in the high yield investing words speaks about this. You have heard it many times - "Do your DD and you'll be OK".

Is this really true? You have seen many high yield programs fail even after the best DD. There is never guarantee. But think about it, if you could avoid 99% of the mistakes that the Due Diligencers do, you'll have 99% better chance to make successful investment.

Here are the top 10 mistakes and myths in doing DD:

1. Low paying programs are more reliable Low paying programs are just low paying. The low ROI alone does not prove anything and it is not advantage. The lower the program pays, the longer you need to be in profit, the bigger is the risk to loose. Of course you should spot the crazy paying programs as scams, but after that the ROI is not a criteria regarding program's reliability.

2. The admin is honest (nice) The admin's behaviour has too little to do with the investment program credibility. Surely, with good psychoanalysis you could understand if the admin is mad or dishonest, but even the greatest and gentlest admin is not indicator that the program is for real

3. There is a phone, the program must be legit Today you can get real but anonymous phone number for few hundreds of dollars. It could be call center, virtual office or other similar kind of service. You can't track the owner of that number, therefore it is not heping you to track potential scammer. Very often the false investment programs give phone numbers with the only idea to gain trustand make themself look real.

4. There is an office, the program must be legit Getting an office is harder and costs more. But still it won't help you trackign the thief. In many countries an office can be hired anonymously, and even if this option is not available, the thiefs use fake IDs (you can even purchase one online).

5. You can meet the admin, they are for real Yes, if you can meet the admin, you at least know he/she is a real person. Can't they disappear though? See the previous item about the IDs.

6. The admin can show incoroporation documents, this proves they are for real Option 1: The incorporation documents can be faked. Ok, you can eventually check this and spot them out Option 2: The company can be real, but registered by phantoms. If you can't track the person who owned the scam, you can't do anything useful Option 3: Ok, there can be a real company. And even then they can scam you - the HYIP history shows several cases in which the program simply start reporting losses. You can't call the authorities against such company - because when invested you have agreed that losses can occur.

7. The HYIP is paying for long time This is certainly nice unless you are dealing with a ponzi scheme. The longer a ponzi pays, the lower is the chance for you to win when joining. Ponzis have lifetime, you know. Paying for long time alone does not prove anything.

8. Offering managed accounts means they do really trade Offering managed account really proves that the company offers legitime investment service. But this does not prove that their pooled (or whatever they call it) HYIP is also based on real trading. A very clear indication for fraudient scheme is when the managed accounts are producing losses, but the HYIP keeps paying just fine

9. They accept bank wires, so they can't run away They can run away if they want. I can name at leats 5 HYIPs which accepted wires, but this did not stop them to diappear. Using bank makes the things harder for the scammers, but not impossible

10. They have referal program, must be scam The affiliate marketing is one of the most powerful tools in the internet business. There is nothing wrong to offer referal bonuses for investors who bring other investors - this is a very effective advertisement method. The referal bonuses are red flag only when they are too high.

Are you doing your due diligence when investing? Are you following the myths?

Tonly Clifton is an Editor in Chief for High Yield Weekly Digest (

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Sunday, September 24, 2006

Some Really Easy Ways to Make Money

by Morgan Hamilton

Attaining money has always been a problem, no doubt about that. But the real problem is that we have our own selves to blame for making money such a problem. It has something to do with our preposterous habits of taking blue collar or white collar jobs and expecting them to be enough to earn as much as we need. This is not the case, and many people have already faced the necessity to earn more income that they actually do. That's why a lot of people choose to have more than one job, and really ruin their health trying to earn money. Our bank accounts do not increase, nor does our health improve.

Some of us are quite sure that college degrees are enough to make money. Students rely on the vague future that will provide them with the incomes they need. But surviving is not a matter of college degrees, or any kinds of certification. A lot of rich and successful people have done great without taking any University degrees, they have found the easy ways to make money without anyone's help.

That's because education has nothing to do with earning money. It can only be a prerequisite for getting a higher salary, but everything in the business world depends basically on your own abilities to make it to the top. So, making easy money will depend on your eagerness to do it and on the proper ways that you choose to follow.

A lot of people have come to realize that and are already making some improvements in their value systems. Some are taking extra jobs, others are making easy money on the Internet. The computer has given us the global feeling of being able to do anything at any place on Earth. Internet is a real bargain for those who crave to find easy ways to make money. There are a lot of online opportunities for people who want to be rich.

Many of them have already begun their online businesses, because Internet so far offers the easiest way to make money. Cyberspace gives you numerous possibilities to get involved in a business: for example, trading with things, buying or selling goods, advertising, web design, moderating forums and so on, and so forth. The possibilities to become rich are utterly endless on the Internet.

If you are searching for easy ways to earn additional money, online business is just for you. You should at least try it, and you will soon forget about the boring working schedule, which restricts your time and plays away with your energy. When using online ways to earn money, you will easily get your incomes, and even earn more than you need. Give it a try, and you won't be regretful.

Morgan Hamilton offers expert advice and great tips regarding all aspects concerning money. Get the information you are seeking now by visiting Make Money

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Monday, September 18, 2006

About Online Trading

by Brian Lee

The internet! Oh what a great invention. The invention of the internet has brought about many changes in the way that we conduct our lives and even our personal business. We can pay our bills, shop, bank, and even meet our soul mate by dating online!

Due to the progress that we have managed to achieve in this world, we can even buy and sell stocks online. Traders love having the ability to look at their accounts whenever they want to (I know I do it all the time), and brokers like having the ability to take orders over the Internet, as opposed to the telephone.

I remember before the option of being able to trade online, whenever I wanted to buy or sell stocks I would have to call up my personal broker to place a trade. Now all I have to do is log into my online trading account, and I able to trade stocks, options, currencies and bonds.

Most brokers and brokerage houses now offer online trading as an option to their clients. Another great thing about online trading is that the fees and commissions are often a lot lower. While online trading has it's pros, as usual there are cons as well.

If you are new to investing, sometimes having the ability to actually speak to your broker can be very beneficial. Or if you aren't as stock market savvy, online trading may be a dangerous thing for you. If this is the case, make sure that you educate yourself as much as you can about option trading or whichever investment field you're interested in before you start trading online.

You should take into consideration that if you don't easily have access to a computer with an internet connection, you won't always have the ability to go online to make a trade. You should have a back up plan to be able to call and speak with your broker if this is the case. This is should be the case whether you are an advanced or a beginner trader.

It is always a very good idea to go with an online brokerage house that has been around for a while. Since the option of being able to trade online hasn't been around that long, you won't be able to find a online brokerage house that has been in business for fifty years. The next best thing you can find is a company that has been in business that long and now offers online trading as an option.

Being able to trade online is a beautiful thing, but it isn't for everyone. Evaluate your habits carefully before you decide to do your trading online, and always make sure that you educate yourself on your chosen investment field before jumping in.

By Brian Lee

Brian makes his living doing full time trading and coaching Find out more about online option trading

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Sunday, September 03, 2006

How Do I Know Which Programs Are Scams?

by David Vagner

Although it is virtually impossible to tell if a HYIP is a scam until the moment when they stop paying, there are several steps that you can take in order to minimize the chance of being scammed. For instance, you can do a Due Diligence (DD) check on the program. Listed below is a guide:

Step One

Use the following whois lookup sites to find out more about the program:

Look up IP Address Lookup Internet Service Provider (ISP) Look up IP Address belongs to (Organization) Look up Country Look up Continent Lookup State Look up City Look up Latitude Look up Longitude Look up Timezone Look up Registrant (website's registered address, contact person, etc.)

Compare the whois information you have found from the above with the information provided by the program owner on his website. If you find any major discrepancies, you should be extra cautious about the program. The program owner may be trying to hide something from you.

Step Two

Before joining any HYIP, make sure you are comfortable with the program and have confidence in the owner. In the event of default by the program, you can locate and report them to the internet fraud authorities.

Step Three

Take note of the Internet Service Provider (ISP) for the program and to which organization its IP Address belongs to. Record their contact information (such as email address) so that in the event of default by the program, you can file a complaint to the ISP against them for internet fraud. If proven to be true, the ISP will most likely cease providing its services to the program. This prevents the program from cheating any more money from innocent members.

Step Four

Should you be the victim of a scam, submit details of the website found from Step One with your electronic payment confirmation number and send a complaint email to the following authorities to alert them of the internet fraud:

1. Internet Fraud Coordinator: 2. International Web Police: 3. ISP Provider (Refer to Step One. Look for the email contact for website abuse of the ISP Provider or the organization that the program's IP Address belongs to and file a complaint). 4. Local authority (refer to the web registrant's station address, search on the Internet to locate its country authority; such as the state police or any other relevant authorities) 5. E-gold Service (C.C. the email to the program owner)

You can obtain more information about fraud reporting at Also don't forget to check status of your favourite HYIP program on HYIP monitoring like

David Vagner is the partner of . He teaches how to invest in HYIP area without losses.

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