Are Online HYIPs legal?


The answer to this question in the vast majority of cases is a simple no.

There are legitimate offline High Yield Investment Programs, however as these are registered businesses they come under much more scrutiny and regulation ensuring their business practices are all legal.

Online HYIPs on the other hand are not. An online HYIP can be set up in as little as an hour or so, by anyone who has access to a computer, the Internet, some web hosting, a domain and a script to run the site with.

These online High Yield Investment Programs more often than not offer a 'guaranteed' return, though of course when you aren't paid when the obvious downfall or closure of the site occurs, this counts for little.

These programs are run on a ponzi basis, until the admin decides to close the site and move on to scam the next bunch of people naive enough to believe HYIPs are their way to quick buck.

HYIPs are immoral, in most cases illegal, and down-right risky.

If you decide to go ahead, research, check-again and then proceed with extreme caution before you step into the dangerous world of online investments.

Compare Prices Online

The Internet has brought great savings on electrical items for many, with the majority of high-street chains offering discounts if you order your products online.

But even so, there is still a huge difference in the price you could be paying on the Internet for a single product.

To get the best deal it is always important to shop around, and not be afraid to stray away from the big-names and top brands. The low cost of getting a site online has meant that many regional businesses are able to have an online presence, which means more competition and better deals for consumers.

In order to root out the cheapest sites it is best to use an online shopping price comparison website such as Kelkoo or PriceRunner. There are several other sites offering similar services, but these are the most well-known.

Simply enter in the product you are looking for and up pop the results of usually about 10+ sites offering the product for sale.

Be aware that some sites include postage in the item cost, and others may charge extra for this.

PTSU.net review

Earn $1,000,000 in e-gold
Or so this site claims. In fact this site which has been arround for 8 months or so is simply an elaborate online pyramid scheme. The site, which is written to an extremely poor standard of English, leading me to believe the American information in the WHOIS is fake, offers a 'free signup', but to get anything out of the program you have to upgrade to a Silver membership for $3.70 (USD).
To earn you then have to drag your friends and anyone else naive enough to believe the yarns this site weaves into the scheme. Members are paid $1 for referring a new member to the project from their link, and they also earn $0.20 for an additional 13 referral levels (levels 2-14). The $1 million figure which is the main claim of the site is reached by suggesting that after you have referred 3 people, each member in your downline will referr 3 members and so on and so forth, leaving you with $1,434,892.80 on level 14, (the first level which would earn you $1M supposing everyone recruits 3 more people into the scam). However to do this you will need a whopping 7,174,452 members in your downline, yes you read that right - over 7 Million people will need to be in your downline.
That just ain't going to happen, so when this site claims you can 'easily earn $1,000,000' they are lying out of their backside.
Take my advice, steer clear - this is just another pyramid scheme where the man at the top takes money from investors and is laughing all the way to the bank.

Uniclear problem


Uniclear Problems?

As of October 20, 2006, Uniclear (the payment processors) still hasn't sorted out their financial troubles. The site is "Under New management"
Uniclear notice:

- We are no longer accepting personal account applications.
- We are no longer accepting new debit card applications.
- We are no longer accepting funds for credit to personal accounts.

In other words, they aren't doing anything until they get their banking transfer problems straightened out.

Scam HYIPs


Are all High Yield Investment Programs Scams? The simple answer is no, however most of the online ones are.

There are thousands of perfectly legitimate High Yield Investment Programs offline. These are investment funds which are designed to get a larger profit for the investors in a small amount of time. For this reason HYIPs are definitely a high-risk investment and are certainly not for everyone. Only skilled investors will use these programs, and they will normally invest upwards of $50,000.

Online HYIPs on the otherhand are available to everyone, which is one of their main problems. The amount of people who think that investing in an online HYIP will earn them money is staggering.

These online HYIPs can be set up for as little as $50 or so, and with a little promotion - often through illegal techniques such as spamming or hacking websites people are drawn in.

Almost all HYIPs will fail within a few months of their launch, as the team behind the project, inevitably, take what money is left in the program and run, only to start up a new site the very next day.

Upfront Payment Scams

If you have been looking from home based business opportunities on the internet the chances are you have probably come across one of these.

Put simply these are 'online business opportunities' which claim you can work from home for just a few hours a day or by using automated systems that do work for you and rake in a paycheck worth thousands of dollars a month.

After a sales pitch normally lasting several pages and featuring appraisals from happy 'customers' each displaying their own success stories you will be asked to pay a small 'one time' charge or administration fee.

Once you have passed your money over, normally in the region of about $50-$100 you will normally find out that the 'opportunity' is either a MLM or pyramid scheme, an extremely overhyped program or a Ponzi scheme.

To avoid getting caught by these scams simply remember, if you are looking for a job, you don't have to pay for it!

Forex Timing

What time of the day is best to trade on the Forex markets?

Forex trading is truly an international and 24-hour market, however this is only because of the different opening and closing times of the national markets.

Caterina Christakos, a foreign exchange trader and entrepreneur says that the best time to trade the on the forex market is between 3am and 11am EST. The US dollar is involved in 89% of all forex transactions, so whenever the US market is open trading volumes will be higher than when it is closed. However, 3am - 11am (EST) is the busiest and therefore best time to trade due to the overlap of the London and New York sessions.


The most popular currencies traded on the Forex market, in descending order, are: United States Dollar, The Euro, Japanese Yen, British Pound Sterling, Swiss Franc and the Australian Dollar. As such when more of these markets are open the value of trades taking place is greater.

How bloggers make money

Owning a blog, and posting in it daily can often be a time-consuming task. Not to say that blogging is not fun, the vast majority of people use their blogs to share information about themselves or their company, to tell stories and to chat about issues relating to them.

After putting all this effort into writing their blog, the blogger can make some money back from their site by selling advertising on their site. Most advertising will be done through major networks, think Google AdSense for contextual ads - which are extremely good for blogs as the ad code scans your blog and then places ads relating to the words which appear.

There are also graphical ads, which may be sold on either a per impression or per click basis. Finally there are affiliate programs where the blogger earns an income for each lead, or sale a company makes from visitors who have clicked the sponsored link on the blog.

The increasing trend of people blogging has also given way to several blog-specific online advertising networks, which mostly operate in a similar way to Google AdSense, handling the targeting of sponsored CPC links on thousands of blogs. Once such example of these blogging ad networks is CrispAds.

Google Set to Net YouTube


Not contempt with winning the search engine wars, providing free e-mail, letting people look around the world and a whole host of other goodies, Google looks set to purchase the popular online video sharing site YouTube.

Reports vary, but it appears Google will make an offer of around $1.5 Billion to purchase the tenth most popular site on the Internet, according to Alexa.

You can see a mini-report into the finances of YouTube at my Computer & Internet Blog where I suggested YouTube may wait to sell out, instead of raking in the cash themselves.

Google are no strangers to the world of online advertising, serving millions of ads daily across search engines and through their popular AdSense program for webmasters around the world.

Targeting text based ads to video content looks like it will be a slightly different challenge for Google. Unlike when their ads are placed alongside search results, on private webpages or alongside e-mails there will be little textual content to use to search for keywords.

However tagging systems, video titles, descriptions and reviews may provide enough details for Google to generate sufficient revenue to pay the estimated $1.5 Million a month which YouTube now spends on hosting.

Inside Your Computer

Hundreds of millions of us around the world use a personal computer on a daily basis and are fine until something goes wrong. Phoning up a helpdesk can be boring and tedious at the very least - but what do you do when they ask for your computer specifications? Ideally you should have all the specifications of your computer ready, as you can bet your bottom dollar the help desk will require at least some of these to help you solve your problem. The Operating System is easy - you will see the start up screen on a daily basis - but what about the amount of RAM or hard disk size. Perhaps you will remember this from when you bought your computer, or perhaps you know where to look and find it. However there are a number of more complication specifications - for example do you know if your hard disk is partitioned or if you have two separate hard drives? To find out exactly what's inside your computer download the free What's in my Computer utility.

What is Forex Trading!?

You may have heard people mention they earn money online using 'forex' - but just what is Forex and what is all the fuss about?

Forex or ForEx, is an abbreviation of Foreign Exchange (which can also be shorted to just FX). International banks and multinational companies trade foreign currencies - it is estimated that $1.9 trillion (yes you read that right,) of trade is done on the forex markets daily.

The most popular currencies traded on forex markets are US dollars, the Euro, Japanese Yen and the British Pound.

The foreign exchange market is popular and unique due to large number of different traders in the market, the high volume of trades completed and constantly fluctuating market rates influenced by a larger number of factors.

It is important to avoid forex scams, the general rule applies - Stay away from opportunities that sound too good to be true.