I found HYIP and Autosurf arena in Sept 2004 I think. My first one was Studio Traffic where I put in $1,000. I actually got a lot of profit from this one. Within one year I tripled my seed money and got a few more programs to play.

Thus, I have to agree to we can make quick money in these fields. However, by looking at the amount of money I lost in other programs. I should also say it’s a very risky game. This was the reason why I stopped looking at HYIP for around 6 months before starting again last month (it’s too attractive to be ignored :)).

Forex strategy is certainly applicable here. Always manage your entry and exit points on any program. Without it, I think you lose.

Everything looks impressive and good on paper. But in reality after a year, i am no where near the break even point. Maybe next year since i have gotten smarter now.

Even the safe ones like FXE and NSFG will be down for months to recover.

I got into the world of HYIPs in June. Actually, I saw my first ‘monitoring’ site in May and got totally sucked in. After a brief review I jumped in and we all know EXACTLY how those go. I lost 80% right off the top in that first month. During those Dark Days I found the various forums and blogs and have been gleaning ever bit of info I can from ALL those sources since then.

I agree for those that ignore the numerous sources of info and choose to roll dice, they will lose the majority of the time; the VAST majority of the time. As of the end of September I was even. As of the end of October I made double in that month than what I take home from ‘work’. As of the end of December I will have doubled my money.

I have NO DOUBT that more programs will fail (a 10% failure rate per month is what I’m projecting) but with the proper DD and with the experience I’ve gained my ‘retirement fund’ will continue to grow.

My recommendation? Don’t give up. Get better at picking winners.

Nowadays, HYIP world more become unpredictible. new pop up and gone, old one have problem, ect. Some have optimist with forex things stick on self trading and manage account, some still stay and fight in hyip field.

I almost quit in HYIP field and start a more real investment and i pick forex as starting point. I dont dream to have rich quick with it but at least i control my own risk and my reward.

I do agree with Devildboy that forex is not just as simple as it look like. Need more and more hard work to get a good result, not just eat your time also your money. Finally, some will give up and some stay and survive.

By the way, I was paid by Rog PPP1 last week.

i have had a nightmare year from hell in HYIPS. I found 12daily pro by accident in december 05, went big after two months of test and lost over 6K. Then i paid nearly 4K to PAS to try and re-coup those losses and nothing ever came of that. ( i was a sukker basically)
i DID manage to get some cash back by biting the bullet and going to the max INSTANTLY with pheonix, having three accounts and busting my gut to claw some cash back. i managed to get about half of my prior losses back before they went bye bye.
Then came SI, dadndaves, offshoreclub, and so many many others. All of these were to try and get my initial losses recovered.

i stopped autosurfs and HYIPS in August as i had about 2 thirds recouped when compactsurf and the other big one i cant even remember went. I decided enough was enough.
Almost a year on i have now managed to get get my bank balance bank to almost breakeven by working hard and doing overtime. My two bonus’s this year have been absorbed into this recovery and my family have had “cheaper” holidays. All my own fault, chasing the dream !!

i still have funds in NSFG !!, PIU !!, and FPC !!. i doubt i will ever see anything from those.. but i have divorced myself from this arena now and will go back to “looking after my own destiny” instead of expecting somebody else to do it for me.
I wish i had never been introduced to 12dailypro. and regret ever believing those first ever test payments could be real.

Hint* one of them is not private, but not listed or discussed here. I dont know why!

I still believe the Hyip world has a lot to give. I know right now we can count the good programmes with just half of the fingers of one hand…but there are also some new ones emerging from time to time, and I think they are worth considering. And after all… that’s why diversification is for, right?

My goal in this arena is certainly to be a passive investor. All I want to do is monitor the status of my portfolio and that’s it. I certainly didn’t entered this arena to get a job or learn a job, and by this I mean I don’t want to be trading for myself, not at all. In other words, invest the money and leave it to the experts. They will reproduce it, not me.

And that’s why I don’t see myself betting on sports or anything that is too “gamble” oriented.

My next step: managed accounts. There’s a lot to learn and I agree with some previous comment: we should apply a systematic discipline in order to succeed here.

Best Regards to everyone!

Hey that reminds me we should renew our picks at the forum

I’m going for forex and ocassional fun soccer betting (winks at Tony)

When there’s a will, there’s a way. Money you trade for yourself is the safest form of investment one can get. I haven’t got the time to monitor trading that’s why I have yet to succeed but I believe I can do it if given the time. You create your own destiny!

I would have spent $400k on the unit and $10k on the fees. I would not have had to pay any loan repayments.

I would still get $17k per year from my tenants, and after 2 years the property is still worth $490k

Thus I put in $410k and got out $524k - that’s only about 14% profit per year! The leverage from your loan makes all the difference.

Time to get the book which Jude linked to

2 years ago I bought a nice 2 bedroom unit near the beach for $400,000. I got a loan for $360,000 - I had to pay a 10% deposit and about $10k in taxes / transfer fees. That’s $50k.

In the first year I got about $17k from my tenants and I had to pay about $24k in loan repayments. That’s another 7k out of my pocket, but luckily I can deduct that loss from my taxes so it actually only cost me $5k

Same for year 2 - I was out of pocket another $5k. So in 2 years the property cost me $60k. This year I wanted to buy another property, so I had this one re-valued so I can take out a second mortgage on it. It came in at $490k - about 10% per year. If I sold right now and paid off my $360k loan, I’d have $130k

So I put in $60k and turned it into $130k in 2 years. That’s about 45% profit.

The reason this works is because I only paid for 15% of the investment ($60k for a $400k flat) but I get to keep 100% of the profits.

Leverage.

I do believe one can earn from them, and I think my own results are positive - but this is by playing the ponzis, not by threating them as real investment. It is like day trading when you “buy” into some hyip and “sell” few days later instead to “buy and hold” hoping it will be for real.

Unfortunately what you say about MA is true, VillyWiljam. I am still in process of negotiating and searching one which can achieve approx 50% yearly, hope to have something soon.

Devilboy, gettign the loan is a good point. But I still don’t get it how you could make 30% - 40% when the prices are rising less than 10% yearly. Again, unless you know how to find properties which can be sold for more after recovery or without doing anything on them.

For the forex its exactly my though - its good if you can be good at it, and its not investing, but just another job

The only thing that make sense to do sport betting is arbitrage betting.