As you read the next email in your box about how the widow of the former leader of Mubai needs your help getting her deceased hubby's millions out of the corrupt grasp of that nation's banks, rest assured, internet crime has already moved well past those clumsy attempts to use your money for the personal gain of some anonymous internet scammer.
One of the most prevalent scams today is the HYIP, or High Yield Investment Program. These programs are nothing new. More than one hundred years ago, businessmen requiring quick capital began enticing investors with promises of a quick and profitable return on their money. In some instances, these "investments" were more like contributions, as many, many investors lost their shirts when their finance dreams went belly-up. In essence, HYIPs have always been risky business.
Once a real investment opportunity, HYIPs realized an entirely new purpose when Charles Ponzi entered the picture in the early 1900's. Ponzi needed money for his newly conceptualized business and decided to entice investors by promising a fifty percent return on their money in less than two months. Not content to stop there, Ponzi also promised investors that they would double their money in three months! However, since Ponzi was using the money from subsequent investors to pay off initial investors, it was only a matter of time before his scheme came tumbling down. The problem with these types of schemes is that they don't depend on any real business profits, just the continued influx of cash from new investors.
The opportunities presented by this type of scheme have been too good for internet scammers to ignore. Now, it's not your son-in-law asking for startup capital for his dream business, but rather some anonymous criminal looking to part you from your money and run.
The ongoing course of HYIP scams really makes it difficult for the little guy to try to get a piece of the big guy's pie. Thus, the little guy has to really do his/her research in all HYIP programs in order to make sure he/she does not get left with empty pockets. All HYIP programs are not bad, but the good ones are few and far between. The last thing anyone should go through is to wonder whether or not has he/she seen their last dollar. Therefore, keep your eyes and ears open and your bank account closed because it is not too funny living with no money.
Do you remember those days of mid 70's to early 90's when US economy was hugely suffering from economic depression! The pressure was huge on real estate market. And if you look at some latest media coverage on different newspapers, you would surely sense that another mild depression is about to hit the US real estate market. And this is the latest buzz in different discussion forums powered by some schools of economists.
However, as days are passing the buzz is growing and gathering more mass around it and getting a bigger face. Some economists rightly said that the negative hype created by the media on the impending recession may have created the actual incident; as they put it ? ?self-fulfilling prophecies?.
The buzz started showing up the effect almost throughout the year of 2006. New house constructions dropped by 14.3% in January and the data were delivered by The Commerce Department.
And now they are predicting that the mortgage industry is going to suffer from the depression in 2008. To some extent, it is true. The mortgage industry works in close proximity of general people. And when the media houses strike the panic button the wave directly catches the general people and small investors.
The reason is simple, they do not have huge amount to invest and the media houses do not give them enough reason to keep their faith on mortgage brokers. There are huge hiccups in the market and people are loosing their jobs, houses (if you look at the data, most of the people who are loosing their houses are sub-prime borrowers) and foreclosures are setting newer records every other day. The direct effect on the market is making people scared ? more and more.
However, if you look to the whole scenario, you will see that it is a high time to invest in the real estate market. Exactly, it is a high time to invest on real estate market. And if you are clever enough, you do not need some huge amount of liquid cash to investment.
If you are a member of an investment club, ask any member and they will say that real estate market is a juicy zone for high yield investments. Even if you trace the historical data, whenever there had been a disruption in the market, some people made huge fortune by investing speculatively on the so called dead market.
If you have cash in hand there is nothing like it; simply move ahead and talk to some investment advisors and move forward to a golden future. This is the time to play with your money and hook the super deals when frightened or insolvent sellers are ready to give away their properties just for anything.
Just think about a simple thing ? when so many people are selling their properties, there would surely be some people who are buying them. Are they doing any charity!
Of course not, most of them are highly experienced real estate investors who look for such ?once in a lifetime? opportunities. They would not only buy those properties, they would invest more on their development and sell them when the market is running high.
But what is here for those who do not have liquid cash to invest on the market? You can easily move with self directed IRA or invest in direct participation mortgage fund. Your savings for future can earn more than you could even imagine and at the same time you will not need to curtail your present lifestyle.
Both Jack Goode & Markus Skupeika are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Jack Goode has sinced written about articles on various topics from Social Issues, Culture and Society and Children. Jack A. Goode, II has a keen interest in the issues involving HYIP scams. For another thought provoking blog, please . Jack Goode's top article generates over 6600 views. to your Favourites.
Markus Skupeika has sinced written about articles on various topics from Computers and The Internet, Wrinkles and Car Accidents. Would you like to learn more information about what a does and how it can bring you a higher return on investment? See how. Markus Skupeika's top article generates over 60500 views. to your Favourites.