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How to Maximize Your 401k Mutual Fund Returns
When it comes to 401k's there is an overabundance of sad stories. Here is one that at least has a happy ending—and it's getting happier all the time. Last year (in 2002) a friend of mine—let’s call him Jack—phoned and asked if I could help...
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Creative Real Estate Investing Techniques
With a job that paid $3.40 an hour, I saved $5,000. I used $3,500 of it to buy my first piece of real estate - 2 acres near where I lived. As you can guess, this was many years ago. A few hours removing brush, and it was ready to sell. I...
Investing In The Stock Market – 9 Power Packed Tips
1. Do not spread your money too thin. My friend has a little over $200,000 invested in the stock market through 27 different Mutual funds. In my opinion, 27 Mutual funds is 27 too many collecting load fees, management fees, commission fees,...
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Is There Really a Magic Formula for Investing
One question almost every investor asks at some point is whether
it is possible to achieve above market returns by selecting a
diversified group of stocks according to some formula, rather
than having to evaluate each stock from every angle....
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Things To Do Before Investing Into A High Yield Investment Program
We have compiled a short list of some of the things you can do
before investing into a program to make sure you get the most
for your money:
#1 - Search all HYIP forums for the name of the HYIP. Check for
people spamming about the program, as this usually is a sign of
a short lived scam. Look for people's opinions. Often those who
have been investing in HYIPs for some time are the ones with the
best insite. Most importantly, look for complaints of people who
have not been paid.
#2 - Do a search on google. Copy small parts (1-2 sentences) of
the text from both the hompage and the page with information on
how they make their returns. Paste it into the google search bar
with quotes around it, and see if anything comes up. A good
amount of the time, google will return results that are an exact
match, usually a professional traders website. Also, do the same
thing with any images of people that are shown to look as though
they are the admin of the program. Simply get the name of the
file that the image is uploaded as by viewing the properties of
it. Then paste this into the google image search. You will be
amazed that a lot of the time you will see that the image is a
direct copy from another site. This proves that the admin is
lying.
#3 - Email the admin. Ask some good questions such as, where are
you located, how long have you been
around, and how do you make
your returns. The common answers you will receive are United
States, 2 Years, and Forex trading. Usually if these are the
answers the admin is lying to you. about 75% of all new HYIPs
claim that they have been paying members offline for over a
year. 99.9999% of the time this is a lie. If an investing firm
is able to deal with members offline for 2 years, there usually
is no need to go online with their business.
#4 - Look at the main HYIP rating sites. If it looks like a
program has been cheating the ratings by voting for themselves,
or it looks like they may have hired a paid voter, then stay
away. You can usually tell if a program is cheating by trying to
look at what else each member has voted for. Also check the
voters IP, maybe the cheaters were not careful and didn't use a
proxy
All in all, if you follow these 4 steps you will likely be
saving yourself a descent amount of money in the long run. HYIPs
are extremely risky, and these steps alone do not guarantee
success. They only improve your chances of walking away with
profits.
About the author:
Owner of some of the Largest Online Investing forums which
include: HYIP & Autosurf
Forum HYIP Forum
Investing Forum
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