HYIP stands for High Yield Investment Program. Are hyip any good? It is easy to get carried away by high incomes, but you should stay calm; a lot of HYIPs are just disguised ponzi schemes. In such a scheme named after Charles Ponzi unusually high short-term profits are promised to lure more people to join. Early investors are reimbursed using the cash that the next generation of investors bring into the scheme. (more…)