Successful investing is anticipating the anticipat
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When I first got involved with HYIP's and Autosurfs, I was fortunant to have spent a little time on the forums and had the opportunity to learn a few rules here and there when investing in this stuff.  Most of the rules are common sense and could be applied to all investment endeavors.  For instance, if you bet your utility bill money, old Murphy (Murphy's law) is probably waiting right around the corner to surprise you.  However,  the biggest kink in online investing  is the sheer volume of scams that you will come across.   These are the rules I use when investing in HYIP's and autosurfs and other money making opportunities online.

  1. Don't bet your milk money Sounds like a no-brainer, right?  Well, you would be surprised by the amount of people who invest alot and then are up a creek when the site goes down.  It never fails- When you take a risk that you can't afford to take, chances are Murphy (from Murphy's law) is gonna pop his head in for a visit.  So don't do it.
  2. More is always better than a little.  If you plan on lasting even a little while in this arena or any arena for that matter(stocks,commodities,ect.) you had better have a nice portfolio of many different investments.  It is better to invest $10 in 10 sites than $50 in 2 sites.  Treat diversifying as an ongoing process.  Dump a portion of your profits into other investments.  This way, you will have an increasing amount of income and when a couple collapse, you can shrug it off.
  3. Diversify your  type of investments An acquaintance of mine calls this type of investing "legs".  Here is how it works- If you are planning on investing in online type stuff, create different types of investments; like one leg could be HYIP's. Another leg could be sports arbitrage betting.  Another leg could be network marketing, ect.ect.  This way you are protected on the mischance that an entire industry goes down.  Don't forsee it happening?  Well, when Stormpay went down, almost all autosurfs were affected.  Many people lost their shirts even though they were well diversified among many auto surfs.  All because one pay processor decided to freeze all autosurf accounts.  I lost a little too.  But I was able to continue on because I had many legs of investments out there.  I was still making money.
  4. Make a plan and make it good and stick to itIt doesn't matter what your strategy is, the important thing is that you have one.  If your plan is to invest in a company only for a specified time and then pull out, do it.  If your plan is to slowly build a cash reservoir by constantly reinvesting, do it.  The most important thing is you have a plan.
  5. Live in the forums.  Knowledge is power, what can I say?  The internet makes it easy to hunt down almost anything.  The more you know, the better you understand.  The better you understand, the more money you will make.You should visit at least one of the many forums daily.
  6. Network with people you trust in the forumsThere are alot of scumbags and scammers that lurk in these forums BUT there are also alot of people that are just like you and me.  Learn to discern the difference and you will actually find acquaintances that can give you direction from time to time.
  7.  Leave the new stuff alone and invest in the tried and trueNot a day goes by that I don't read about some poor sap losing his hard earned cash to a new HYIP that lasted a week.  Stay away from the new HYIP's(unless they meet number 8 rule) and you will be better off.  Giving money to these companies/individuals is like giving your money away.
  8. Go where the crowds go(or nothing attracts a crowd like a crowd)Occasionally, a HYIP will come along that sweeps everyone off their feet.  The forums will be buzzing and people will be investing and money will be rolling in (get the picture?).  If you run across one of these, invest.  These usually will last awhile and the earlier in, the more money you will make.
  9. Stay open to new ideas Most of us get hung up on one thing or another and  steer away from certain money making opportunities like auto-surf(if you are into HYIP's) or HYIP's(if you are in auto-surf) or MLM (b/c most require too much work). New things come up all the time.  The world just keeps evolving.  Don't be that person that stays the same.  For instance, you could get into Forex trading yourself.  You could learn how to be an affiliate marketer.  You could sell e-books.  You could learn to make e-books.  Get the picture?  The possibilities of making money are endless if you stay open to them.   If you can't keep an open mind, you are hurting your possibilities.
  10. Do unto other's......... The golden rule.  Don't promote a site just to get referrals.  Don't promote a dying site to try to make it last just a little longer.  Simply, treat others as you would want to be treated.
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Added October 02, 2007
onisoc


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