Beginner Investing/HYIPs

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Question
Hello sir, I am curious, are there any truly honest, reliable hyips out there? I am willing to do some test spending, but is there really a way to accumulate abnormally high ROI? I have read that some hyips are honest and have been around for years, but is this kind of investment really profitable for the select few true hyips?

Answer
I am unaware of a single HYIP that actually turned a profit. Every HYIP that I have ever encountered was a scam, and I imagine that they always will be. I don't consider this investing, I consider it gambling, and you are probably better off putting it all on "red" at a roulette table in Vegas than you are with a HYIP. The truth is, if it sounds to good to be true, it is. Investing takes initial capital, time, and research. I would highly recommend you visit:

http://en.wikipedia.org/wiki/HYIP
http://www.stochasticsoccer.com/kakarukeys/

before you decide to take part in one of these; however, I would strongly discourage you to do so. Good luck and let me know if you need anything else.  

Beginner Investing

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Robert Hanzel

Expertise

I can answer questions regarding most areas of consumer and commercial finance. I have extensive experience regarding various types of loans (commercial, consumer, USDA, SBA 504, SBA 7A, foreign), many investment vehicles, credit, economics, and banking. I am not an expert regarding tax structures and other tax issues and thus would not recommend asking tax related questions.

Experience

Over 11 years Financial, Investigative, and Legal experience including loan review, due diligence, financial analysis, collections, and risk management. I have managed Credit Administration, Loan Administration, Credit Analysis, Credit Review, Liquidation Departments, Collections, and workouts

Organizations
Both the Risk Management Association and the Bank Administration Institute.

Education/Credentials
I have obtained both my Credit Risk Certification from the Risk Management Association and a Loan Review Certification from the Bank Administration Institute.

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