Can you really "get rich quick" with HYIP

By: Ddawg

Can you really "get rich quick" with HYIP's?:

How Long Does It Takes to Become a Millionaire with HYIPs?

Let's assume you start with $500 to invest.

Although you can invest in some HYIPs with as little as $10, you would probably want to invest at least $500 to provide some basic diversification. It's about the amount you would spend to get the usual MLM type program started, after you include "upgrade fees" and initial advertising. Not to speak of the hours of posting and promoting you will NOT have to do with a passive HYIP investment.

Do not use money you must have for rent or food. If you must start with less, resign yourself to the possibility that you could lose your whole stake, and have to start over again. If you are persistent and play the odds correctly, you will win in the end.

Here is how long it would take to go from $500 to $1,000,000 at various rates
of interest compounded monthly using an online High Yield Investment Programs.

5% -- Forever! (Almost)
10% -- 6 years 8 months
15% -- 5 years 6 months
20% -- 3 years 6 months
30% -- 2 years 5 months
40% -- 1 year 11 months
50% -- 1 year 7 months
60% -- 1 year 5 months
70% -- 1 year 3 months
80% -- 1 year 1 month
90% -- 1 year
100% -- 11 months
110% -- 11 months
120% -- 10 months
130% -- 10 months 2 weeks
140% -- 9 months
150% -- 9 months

There are some interesting things to learn from this chart.

From 5% to 10% there is a massive drop in time, there is another pretty big drop at 20%, a smaller but worthwhile drop at 30%, again at 40% and marginally at 50%, but from there each 10% more has a rather small effect.

From 80% to 150% notice that even though you have almost double the interest (added 70% to it) you only shave 4 months off the time (reduced the time it takes by about 30%)

Making a bar graph of the above (with 10%, 20%, 30% up to 100%) will show you what the best percentages are.

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The graph shows us very clearly that between 30% and 50% is the best range.
However 20% is a big advantage over 10% that's for sure, and is the first really worthwhile interest.

OK, now let's assume you join HYIPs that pays 40% interest per month (Compounded).
How long will it take you to get to 1 million?



-- 4 years 3 months
-- 3 years 8 months
-- 3 years 1 month
-- 2 years 6 months
-- 1 year 11 months
-- 1 year 4 months
-- 9 months
-- 3 months

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Surprisingly enough, this shows that starting with lots more money really doesn't speed it up all that much.

If you want to diversify, it is important to remember that you will be hard pressed to invest in more than one program with much less than about $150, although there are some good programs that have minimums in the range of $10 to $50.

Notice that 500,000 is ten million times more than 5c, yet 5c only takes 17 times longer to reach the same goal!

This exercise has yielded some interesting results.


Even if you are starting with less money, it will only take about 1 year longer to get to the 1 million dollar point.

2. While high interest rates are tempting, and there are other good reasons for going after high interests such as closing the "risk window" as soon as possible, you don't really need to go above 40%, and even 20% isn't too bad. Much above 40% and it is extremely likely that the program is a scam or will get overextended at some time and fail . All it takes is a couple of bad trades, or an ugly rumor, for even a good program to get squeezed for liquidity.

With only $50 and 30% interest per month (compounded), you are a millionaire in 3 years and 2 months! That is not to imply that we would simply rely on any single program to get my million dollars. One primary rule is that no one can ever be 100% sure which program will last more than another week. It is all probabilities. Please remember that. Drill it into your head. It isn't about being right every time. We don't always pick winners. We don't know anyone else in this business who does. You only need to learn to avoid the worst crooks and scams, and be right more often than you are wrong, and remember to spread the risk. Have a little faith. Not all your fellow men are crooks. It only takes a couple of legit, well-managed funds, to more than make up for a couple of losers.

OK, now let's look at the numbers. At $50,000 with 100% interest compounded every month, you are a millionaire in 5 months.

At $50 (1/1000th) with less than one third the interest (30%) compounded every month you are a millionaire in 3 years 2 months, only 7.6 times longer, yet much less principle (1/1000th) and much less risk!

And once you get to 1 million, 7% a month is enough to spend 1 million a year and still have your money well outpace inflation.

So if someone wanted to get to 1 million dollars (who doesn't) and has the patience to wait a few years, also wants to be pretty sure they will get there rather than losing it, and doesn't want to risk too much, we think about $500 at 20% average per month which will be only 3 years 6 months to become a millionaire.

A good, and probably the best, argument as to why you should go for high yields, is to close the "risk window" fast. This can be important at the start so you can use the money to diversify. Later you will want more security and you will have a broader base of more secure lower paying programs to provide it. You can go on vacation without worrying that your Very High Yield risky fund has collapsed and taken a large percentage of your "float" with it.

Of course all the above is based on the assumption that something that gives a 60% interest per month is more than 3 times riskier than 20%. (and will have less than 1/3rd the life span). Not always true, but a rule of thumb. You have got to remember that none of these is like the "invest and forget about it" rules of conventional 3% a year federally insured bank accounts. It is like being an independent adult. You can lose. No one is going to take that loss for you. But let me tell you this, the rewards are much greater also, and they are ALL yours when you earn them by your own self-discipline, persistence and experience.
Thinking and Speaking about Money in Enriching Ways

In the book Rich Dad, Poor Dad, Kiyosaki compares his "two fathers": his biological father who was a teacher and his mentor who was a businessman. The teacher was his "poor dad" and the businessman was his "rich dad." His poor dad said: "The love of money is the root of all evil." His rich dad said: "The lack of money is the root of all evil."

The quote below from Rich Dad, Poor Dad is extremely important. It powerfully illustrates what I call "Slavespeak" -- the phenomenon of certain words having hypnotic, stupefying, and debilitating effects on their users.

"Because I had two influential fathers, I learned from both of them. I had to think about each dad's advice, and in doing so, I gained valuable insight into the power and effect of one's thoughts on one's life. For example, one dad had a habit of saying, "I can't afford it." The other dad forbade those words to be used. He insisted I say, "How can I afford it?" One is a statement, and the other is a question. One lets you off the hook, the other forces you to think. My soon-to-be-rich dad would explain that by automatically saying the words "I can't afford it," your brain stops working. By asking the question "How can I afford it?" your brain is put to work. He did not mean buy everything you wanted. He was fanatical about exercising your mind, the most powerful computer in the world. "My brain gets stronger every day because I exercise it. The stronger it getsPsychology Articles, the more money I can make." He believed that automatically saying "I can't afford it" was a sign of mental laziness."
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