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Tuesday, October 17, 2006

Using HYIP Monitors, You Can Make Money Online!

By Reuben D'Souza

Tip! Michael Stimpson runs the Internet Cash Picks website. Internet Cash Picks shows internet marketing newbies the easiest and most efficient products to help them make money online.

If I were negotiating a river, it would be useful to have a map of the rough spots and the smooth spots. That knowledge would make maneuvering the river much easier, especially if I knew that the trip had dangers that constantly shifted locations. By using that knowledge I would be able to plan the safest possible trip, as well as plan ahead for potential dangers. I would be able to maximize the value of the trip while minimizing dangers to my investments.

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Investing in a high yield investment program can be hazardous, even beyond considering the basic risk of the HYIP itself. There are a number of HYIP's that are scams, and others that are higher risk yet lower gain, and a lot that just don't perform well, or even decently. In order to track all the various HYIP's out there, how they perform, and which are just scams, various sites have been set up that monitor them. These sites are called, not surprisingly, �monitors�.

Investors take advantage of monitors in order to check out HYIP's. By using the monitors, an investor can check out the history, average gain, and other statistics of a HYIP, as well as be made aware of any problems with the HYIP, such as the history of the company providing the HYIP, and the likelihood of any particular HYIP being more scam than opportunity.

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By using a monitor, you can also track general trends in HYIP's, and see how those trends do. By using that knowledge, you can predict how well your HYIP will do, and whether or not it's worth it to invest in a particular HYIP. When you do check out particular investments, there are some things to keep in mind:

Performance: Different investments perform at different rates. Be advised that slower performing investments aren't as bad as faster performing investments, and that how well an investment performs isn't as important as that it makes you money; in fact, sometimes having a sluggish investment is actually good for a portfolio. Use this to determine if the HYIP is right for you, in terms of how it aligns with your other investments.

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Feedback: Arguably the most important factor, and a factor that often gets ignored by new HYIP's. Pay attention to all the feedback that has been given in regards to a particular investment, and try to filter out any feedback that is obviously biased (sometimes competitors give negative feedback to investments that belong to rival companies praise their own). The feedback will be the first to catch onto scams, and acts as a barometer on how the investment is doing and will doing, making it vital to your financial well-being.

By paying attention to the moderators, you have a map that allows you to see the danger areas, as well as the areas that constantly shift between safe and dangerous. How you negotiate this river determines how well you do, so pay attention to your maps!

The best way to make money from HYIPs is to use a HYIP Monitor. Visit on of the fastest growing ones at http://hyip-status.com!

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