Saturday, September 03, 2005

Rules and instructions to begin earning a passive income


Disclaimer. We do not promote or own any programs. The information and data were obtained from sources believed to be reliable, but we do not guarantee its accuracy. Some programs may be illegal depending on your country's laws. Past performance of any of programs is no guarantee for the same or similar future performance. We are not responsible for the performance of these programs. Do not spend what you cannot afford to lose.

High Yield Internet Programs
HYIP is the abbreviation for High Yield Internet Program, where you can potentially earn high interest. Many will dispute this interpretation saying that it should be called “investment” but my feeling is “internet” is a better word to use because like the stockmarket this is a calculated risk and using the internet to earn is a risk. This is a way to earn a passive income.

It is not surprising to find these programs pay between 1% to 20% or more in interest on your principal.

Generally, the lower the interest, the less the risk but there is always risk. Around 6 to 8% is generally a good mark to aim for.

This is per month!

This is easily achievable and indeed I do so with some of my programs and have done so for several years.
Some will compound and earn even more for your capital. The amount you earn and how it is paid is as varied as there are programs.

If you see anything that pays more than this, (that is saying it pays daily interest) it is best to avoid, as this is most probably a scam or ponzi.
And , indeed you can earn money from the ponzis but your timing must be impeccable and you must live with the result of taking money from others who enter the program very late. So let your conscience be your guide. I believe there are enough honest operators out there to not do this.........but you have to find them.
There are many risks involved in this type of investing as it is very volatile but if you are willing to risk it and only use funds you can afford to lose, then it can be very rewarding if you are willing to do a lot of research in the form of Due Diligence (DD) as it is called in these ventures.

Most programs fully set out their conditions on their webpage so it is best to search out their FAQ (Frequently Asked Questions) to find out their rules.
Many ask you to sign a non-disclosure document and this must be adhered to if you wish to remain in the program.

How can these programs pay so much interest when banks pay less than 5% per year?

Traders are able to make returns on your loans by pooling yours and others money in their investments.
Some traders make their program a closed “Private” club once they have the amount of members investing that they need to operate a successful venture. I am in several of these and consider myself fortunate to have been in the group when they have gone private. This does not mean you have missed out as I am sure many more are still available, but will go private once they have the quota of members or funds they need to operate.
This where I must say again….DO NOT invest any more than you can afford to lose! Never ever use your living expenses or mortgage money.
Most programs use experienced traders who are able to use your money by investing in Foreign Exchange, Stocks, Futures and Commodities. Basically it can be by any means but these days is mostly by Foreign Exchange as there is a multi trillion dollar market each and every day.

STEP No. 1
Computer security is very important with these ventures.

A firewall is the first thing you should consider and a great FREE one is “Zone Alarm.”
If you require the most secure protection, upgrade to a professional version at a very reasonable price. They also have virus protectors.
Go here to look at Zone Alarm.

Another excellent tool to consider is “Roboform” which is a password manager.

They too have a FREE offer and very reasonable upgrades should you require them.
This information is from the Roboform site…
Roboform is the top-rated Password Manager and Web Form Filler that completely automates password entering and form filling.
RoboForm was named PC Magazine Editor's Choice, and CNET's Software of the Year. RoboForm:
Memorizes your passwords and Logs You In automatically.
Fills long registration and checkout forms with one click.
Encrypts your passwords to achieve complete security.
Generates random passwords that hackers cannot guess.
Fights Phishing by filling passwords only on matching web sites.
Backs up your passwords, Copies them between computers.
Synchronizes passwords between computers using GoodSync.
Searches for keywords in your passwords, notes and Internet.
Portable: Pass2Go RF runs from USB key, no install needed.
PDA-friendly: sync your passwords to Pocket PC and Palm.
Neutral: works with Internet Explorer, AOL/MSN, Firefox.

Your passwords are a very important part of this business and you should try to make them at least 16 to 20 characters long. Random numbers, characters and letters should be used.

Next, open a private/anonymous email address.

An excellent email address can be obtained for FREE from SAFEMAIL.
This is free for 3MB and can be upgraded to 10MB or more for a small fee.

STEP No. 3

The third step is to open an online digital e-currency account…..again FREE to open and fees are then charged with ongoing transactions.

Read a general account of digital e-currencies here.
The most popular is E-Gold and is the most commonly used amongst the ventures. Many programs will only accept digital e-currencies. Although still in its infancy digital is the way of the future.



In general, most High Yield Income Programs only accept digital e-currencies. E-gold and E-Bullion are the main online e-currencies that are 100% backed by precious metals in secure storage.
Bank wires are accepted for larger amounts and there are other forms of funding but for simplicity I have dealt only with the simplest for the present.

Paypal is also occasionally used. Again FREE to open with fees for usage only when used.

STEP No. 4

Next, you must use a digital e-currency exchange service for putting money into your E-gold or E-Bullion accounts. Most exchangers charge 1%-15% for fees depending on how much you deposit and the method you use for depositing your money. A direct money transfer from your bank is the quickest way to transfer money to an exchanger.

United States citizens should have the least amount of trouble as exchangers are abundant.
Australians are advised that E-Forexgold has a deposit card that can be used at the post office as if paying a bill. Very simple.

But funds can be wired to offshore exchangers by anyone, anywhere. Banks can be very difficult these days with the new “Patriot Laws” operating in nearly all countries, as any amount around five thousand dollars and over is to be reported to the government authorities. Nope folks!.....our money and our business is no longer our own.



If you are new to this all these directions may seem daunting and so it did to all of us in the beginning, but once you get into the swing of things it becomes very easy.
If you have any queries email me at;

But please, please read all the instructions thoroughly first as your query is probably answered there. Not all the above steps are absolutely necessary but if you wish to conduct your business in a safe way it is recommended to follow the steps.

I will gradually add all sorts of information pertaining to this business in this blog so keep checking back regularly to see what new information is available.

It can be very exciting to see your money WORKING FOR YOU! and even more exciting in that you do not have to be a rich person to start.......... and slowly but surely you can end up that way.


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