HYIP stands for High Yield Investment Program. Are hyip any good? While a HYIP might attract you with big profits, avoid hasty decisions; quite a few of these opportunities are ponzi schemes in disguise. In a typical scheme of the kind named after Charles Ponzi untypically high immediate returns are promised to make more people to invest. First comers are reimbursed with the money that the next generation of investors bring into the scheme. Read the rest of this entry »