Thursday, August 19, 2010

I Invested in My First HYIP Today

Well I did it. I invested in my first HYIP today. I went to the forums and was lost in the sea of funds. There are many many funds to choose from that are being monitored. I have not funded my other accounts yet so I am limited to the ones that accept Alert Pay. I ended up in a brand new one Forex Dollar Trade . As a first trade I maybe should have started with one that had a longer track record. I thought it may be a safe bet because they have probably spent quite a bit of money setting it up, and invested the time so they probably want to be around longer and farther than my $10 will tempt them! I am a screamer so they wouldn't want that PR at first. Only time will tell if my logic pays off!

The website has 4 different plans to invest in, all very short term. The first one is a 1 day plan with a minimum investment of $1. The second plan is a 2 day plan with a $5 minimum investment. The third plan is a 5 day plan with a minimum investment of $10. And the last plan is a 7 day plan with a minimum investment of $20. The interest rate varies according to how much you have invested, but it is attractive at any level. To gain high earnings there is a risk and you definately shouldn't invest more than you can afford to lose.

I was given a 1% bonus for signing up by August 20 (2010.) That gives me an extra dime!

I will keep posting my experience with the Forex Dollar Trade. I still have $15 to invest somewhere else. Next fund I will do a little more investigation on the HYIP forums. I will be out of town tomorrow so unless it works out perfectly I will have to wait until next week.

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