HYIP monitors: useful, but don't count on it

One way to "play safe" on HYIP investing is following the guidance from HYIP monitors. HYIP monitors are site dedicated to "monitor" the HYIP sites. You can find resumes and reviews on various HYIP programs. They will post the current status of HYIP sites; which one is paying and which one is not.

Can we trust them?
I wouldn't suggest you to do so. Well, not COMPLETELY, i mean.

Usually HYIP monitors have some 'agreement' with HYIP sites. the Monitors provide 'good' ratings on HYIP sites, and HYIP sites give the monitor some free fund as 'investment' in return. That's why you can see that some HYIP monitors post how much money they invest on certain HYIP sites. Well, it's not really their money!
And if it is, HYIP sites understands the importance of good ratings on hwo they will survive longer in their business, so they will prioritize HYIP to get paid for their "investment"! It means that even if their payment to their real members already stopped, they will continue to pay the monitors to get good rating - so people will continue investing their money on them.

So, is there any use in relying on HYIP monitors?
Yes, there is. You can use HYIP monitors to:

• Tell the life span of a HYIP site. The longer a HYIP site has operated, the bigger risk you will face to invest there. I will explain about this on later postings.
  
• See reviews from other investors. See how many get paid, and how many don't. But again, in the wild world of HYIP, don't take them too seriously. There are many fake voters out there. More about this on later postings.
  
• Get informations about new HYIP sites.

You can find many HYIP monitors by googling on keywords: "HYIP monitor" but the followings are some of many:

• HYIP monitor
  
• The HYIPs
  
• HYIP Investment
• Gold Poll