Hey guys, today I'd like to talk to you about the so-called High Yield Investment Programs, which are basically a scam... But we will see how the high yield investment programs work, how they make money, and WHY they are a scam, and also how to avoid these type of scams...
So the scheme is always the same, it's the well known Ponzi, I pyramid scheme which consists in paying the interests of the older people with the investments of the new people. You can already see the problem: the moment that there is not enough inflow of cash, the scheme falls, and it will fall, and at that point, you are already screwed...
But hey, if we are just meeting: it's Dario, and this is Divity Trading, a platform where we can share our best tips and tools when it comes to trading, investing or finance in general.
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What you will find in the video:
- 01:14 What are HYIP?
- 01:23 The problem with certainty.
- 02:27 Is there a smart way to make money with HYIPs?
- 03:22 The Ponzi Scheme.
- 04:37 Problem with the Tax Havens.
- 05:04 How to avoid these financial scams.
- 06:22 The ethical problem.
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Important notice: I don't give trading signals. Everything in this video is a personal opinion and shouldn't be taken as advice. This content is not presented, offered or intended as professional or expert advice, and is not to be used as a basis for financial, legal, or other decisions.
#scam #hyip #financialeducation
High Yield Investment Programs - BE AWARE OF THIS SCAM!!
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