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G’day everyone,
Just thought id write a follow up to my original post.
The main reason for talking about PIPS was not because i was advocating it in anyway, i was just interested to see if anyone else had heard of it and what they thought of it.DD if you will.
But, since i have last posted i belive this PIPS thing to be somewhat of a ponzi scheme, where the new investors pay for the older invertors returns.
Aparently there is a whole stream of these things on the net, they are called ‘HYIP’s’ High Yield Investment Program’s.
Anyway, thanks for all your input, funnily enough i have decided NOT to invest, but hey, it doesnt hurt to ask other prople that hopefull know a bit about investing[biggrin]
Thanx All.
P.S : im more of an obsever than a poster, thats why i have been a member for 12 months and not posted much. But, i hope to be posting more in the future.
2% per day. exactly that.
Do a search for PIPS or pureinvestor on the net, or go look in the forums at pureinvestor.com.
now that ive started to look, there seems to be a lot of what people call HYIP’s (High Yield Investment Programs) all over the internet.
just wondering if some people could check these out and let me know what they think of them.
Cheers.
