Comments on: HYIP/e-gold ‘Ads by Google’ Facilitate Online Investment Scams

By: Andy

Andy — Thu, 31 Jul 2008 18:57:35 +0000

people listen up they are all 100% well develop SCAMS,if u want to invest check this out.Doing nothing. There is no guarantee that the market will go up the first day, month, or even year that you invest in it. But there is one guarantee: Doing nothing at all will not provide for a comfortable retirement.
Starting late. Postponing your investing career is second only to not investing at all on the list of investment sins. You already know that the earlier you start the better off you are. (Take another look at the compound return example we gave above.) If you’re already past those formative twenties (you don’t look a day over 32 to us), we’ll reword this first pitfall to read: “Not starting now.”
Investing before paying down credit card debt. If you have money in your savings account and you have revolving debt on your credit card, pay it off. Many credit cards have an annual interest rate of 15% or more. Let’s say you have $5,000 to invest, but you also have $5,000 debt on your credit cards with an average annual interest rate of 18%. It doesn’t take an astrophysicist to figure out that you’re going to have to get an 18% return after you pay taxes just to break even on that $5,000. Pay the debt off first, then think about investing.
Investing for the short term. Only invest money for the short term that you’re actually going to need in the short term. Invest money in the stock market that you won’t need for at least three years, and preferably five years or longer. If you’ll need your cash next year for a down payment on a house or for the family Caribbean cruise, use one of the shorter term and safer havens for your cash, such as money market funds or CDs.
Turning down free money. You’d never turn down a dollar if it was offered with no strings attached. That’s what you’re doing if your company offers a 401(k) or similar retirement savings plan with an employer match and you’re not participating. Take advantage of all tax-advantaged, employer-matched savings programs.
Playing it safe. If you’re young, most of your investing dollars should be in the stock market. You have enough time to weather any dips in the market and to reap the rewards of long-term gains. Although you may want to transition into bonds later in life as you depend on your investments for income, stocks should make up a large portion of the portfolio of every investor.
Playing it scary. Not every investment is for everyone. Even if you’re a daredevil, you shouldn’t pour all of your money into something that could end up going down the drain.
Viewing collectibles or lottery tickets as investments. If old comic books, Barbie dolls, and abandoned exercise equipment could be used to fund retirements, do you think the stock market would exist? Probably not. Don’t make the mistake of thinking your jewelry, those Beanie Babies, or the lottery will provide for you in your latter years.
Trading in and out of the market. We believe the best approach to investing is the long-term one. Pick your investments well and you’ll reap greater rewards over the long term than you had ever dreamed possible. Trade in and out of the market and you’ll be saddled with fees that chip away at your returns, and you’ll potentially miss out on gains that long-term investors enjoy with much less effort.
Congratulations! You’ve made it through the first part of Investing Basics. (Bet you didn’t even break a sweat.) You’ve witnessed the power of compounding and you understand how some common pitfalls can ruin even the healthiest investing plan. Now, let’s turn to the various ways you can start investing

By: olutoye

olutoye — Sun, 09 Sep 2007 17:41:42 +0000

hello,i was introduced to the investment forex online,i wanted to know if this is real,please i cant risk loosing my money.am still a student

By: Dave

Dave — Thu, 06 Sep 2007 05:34:38 +0000

You have to make a distinction between scams, which most if not all HYIPs are, versus outright criminal behaviour, which governments engage in, in requiring notification and permission to move one’s own assets.

By: Google Drops All E-gold Ads! (Adwords)

Google Drops All E-gold Ads! (Adwords) — Wed, 05 Sep 2007 15:02:28 +0000

[...] HYIP/e-gold ‘Ads by Google’ Facilitate Online Investment Scams [...]

By: DAVID OSIMIRI

DAVID OSIMIRI — Thu, 30 Aug 2007 18:57:59 +0000

which online investment is ok cos I have already bought my e-gold and ready to invest with my e-gold I don’t want to risk forex. I also got an info about data entry is this real?

By: Mark Herpel

Mark Herpel — Sun, 05 Aug 2007 11:33:10 +0000

http://en.wikipedia.org/wiki/Hyip

HYIPs and ‘autosurf’ programs are ponzi pyramid scams to steal your money. If you send money to these frauds, you will lose it, with NO recourse to get it back, your friends are NOT telling you the truth.

Mark

By: omisande akinjide

omisande akinjide — Sun, 05 Aug 2007 07:11:32 +0000

hi my people, i had someone telling me about all this online HYIP programmes and thats why am here on this site now. can someone kindly tell me which of the hyip’s is real my mailing there website to me at jidomis@yahoo.com . i leant that people are now making there money online, and even the person that introduced me to hyip said that those HYIPs that are using money for FOREX trading are the best. i need advice from people concerning HYIP please. regards

By: DGC Blog - Digital Gold Currency Blog » Unlicensed Internet Financial Services?

Mon, 30 Jul 2007 21:33:56 +0000

[...] business? Don’t worry about a thing, both Google and Yahoo will support your endeavor. With Google Adwords and Yahoo Advertising so you will never go a day without a new audience of greedy high yield [...]

By: dolphin

dolphin — Fri, 25 May 2007 06:50:21 +0000

Hi Mark,

I appreciate your blog and find it incredibly informative. I have to admit I took a little offense to your comment regarding my promoting LightHalzen lol. But I also understand it. I’m aware these programs are ponzi’s and I make a point of making sure I state any program I am in and posting a referral link to, are indeed high risk and to proceed at your own personal risk.

I had a profitable run with LH and my experience with them personally was a positive one.

I do disagree with their re-launch though and do not plan to be part of it, as I’ve noted in my latest blog update.

Thanks for the mention of my blog though .. even if I get bad publicity sometimes, it’s still publicity ;-)

Keep up the great work here .. like I said, I find your information invaluable.

Dolphin

By: Mark Herpel

Mark Herpel — Tue, 22 May 2007 15:05:17 +0000

I wanted to follow up on the enterpise/ponzi listed above and mentioned in the DolphinWink blog, they have also now closed, after processing almost a million dollars Surprise!! someone complained and e-gold has frozen 13 of their accounts effectively closing them. Well about time.
http://dolphinswink.com/lighthalzen-closes/
Mark