HYIPs

HYIPs stands for High Yield Interest Programs. These are high risk investments that offer anywhere between .05% a day to 4% a day. This is a fairly new arena, as the internet has opened these kinds of opportunities. Like everything new, there is alot of failed programs, scams, and ponzi schemes. This means that you need to do your research before you invest. There are a few legitimate programs, ones that really are investments, and who will be around for the long haul. It is hard to see the difference between the real ones and the fake ones at first, especially as this kind of vehicle has only been around for a few years.



So over the next few posts, I will be sharing the knowledge that I have found, and talking about the investments I have made, how to do it, and what criteria you should use before making an investment. Be warned, there are hundreds of these HYIPs about, and only a handful are going to make through the long haul. This means that unless you stumble upon a keeper, you must have a good idea about what you are looking for.



Many of the HYIPs are Ponzi Schemes, they are only designed to last for a short period of time. I have seen some only last days. They are not real investing firms, they simply pay out based on what others pay in. So, you could make money if you were in at the beginning, but not in the end. The Ponzi Schemes tend to last only a few months, I have seen some only last a week. Make sure you do your research with every company. I will also give you the guidlines to weed out definate scams, and hopefully help you find a few that are real companies.

I have Returned

Okay, that was a much longer break than I anticipated. In the interim, there has been alot that has happened for us.

We are building our home, and through using www.maxhouse.com (referral #MAX1023) we will have it paid off in under 6 years without having to make extra payments. This system is amazing and I love it. I know several people who are currently using it, and have been so happy. My family is also using it, and we will all own our homes free and clear within that six year period. Maxhouse has a free online profile you can fill out, and they can give you an estimate on how much their program can save you in time and interest. It is saving us over $100,000 in interest, not to mention it is saving us about 24 years.

We have started investing. We have invested in four areas. Two of those are called HYIPs. High Yeild Interest Programs. I will be writing a blog about these later, as there is alot I have learned and some helpful guildlines for someone looking for legitimate programs vs. Ponzi Schemes. We have already made $400 off of a $2000 investment, and gearing up to do it again this month. This means that in 5 months, the investment would have paid itself back. One of the other HYIPs we are involved in we have chosen to compound everything instead of pulling out our interest. The third area we have invested in is a Bridge Funding of sorts. We give them money as a loan, and they pay the principle back with interest in two months. This is a kind of per deal thing, so you have to resubmit your money for the deal everytime you want to make money with the company. We haven't totally started with them yet, as our funds are tied up, but they should be free by the end of this month. The fourth area of investing for us is Real Estate, and believe it or not, our home is our first Real Estate Investment, because we are making money on the deal.

We will be able to finish the basement, and invest the equity in our home. Doing this will pay the mortgage at first, but using Maxhouse.com will increase our profit and by the end of six years will give us a decent monthly income.

We want to start a fifth kind of investing, and that is investing in promising businesses. We have so many friends with great ideas, and we want to help our friends reach financial security as well.

My goal is to be able to have my husband Job Optional by June. If not then, definately by the time he turns 30.

Temporary Hold

I have had to put my 101 days on temporary hold while I focus on our apartment complex. We have checkout/checkin in a couple of weeks, and there is a whole bunch of painting, washing, repairs, etc. that need to be done.

I will check back when my mornings (which is when I usually can focus on this) are free again.

Day Two

Today was about deciding if I could see my worthiness to become a millionaire. This is a very interesting question. Am I worthy to be wealthy?

In my religion, worthiness is a topic that is near and dear to our hearts. We take worthiness interviews with ourselves, and with our spiritual leaders to determine our ability to be baptised, serve missions, and attend our temples. The interviews are simple and straight forward. They help us examine ourselves, and they help us realize that, human as we are, we are still worthy individuals. You do not have to be perfect to gain the level of worthiness necessary to attend the temple. You just have to be baptized, have a testimony, and do your best to be good.

Perhaps it would be easier to understand if we explored what it would take to be unworthy to attend the temple. Pornagraphy, Adultery, Drugs, Stealing, Murder, Denying God, Trying to destroy the Gospel. . . you get the idea. So then. . . what would make me unworthy to be a millionaire?

I would be unworthy if having that kind of money kept me from my eternal goals. If the money caused me to lose my worthiness status with my God, I would be unworthy of it. If I used that money to oppress, had an attitude of superiority, and gave that attitude to my children, I would be unworthy of it. If, because of my wealth, I allowed my children to run undisciplined, and didn't teach them right, I would be unworthy of it. If I refused to give service, and hoarded my money, I would be unworthy.

Now comes the time when I explore the intents of my heart. Why do I want to be wealthy? I want to be able to give financial security to myself and my children. I believe that money is a form of power, and that Satan uses it for evil, and that God needs those with it to use it for good. I want to use it for good. I want to help others. I see so many worthy causes that I would like to help, far more than I am capable of helping now. Do I think money will corrupt me? No, I do not. I have not, when the opportunity came, given in to corruption, why would having money be any different. I also have people who I will listen to if they see me begin to follow wrong paths. I already give, I already serve, I am already striving to raise my child with love and discipline.

The final question in a worthiness interview is simply this: Do you believe yourself to be worthy? You see, in the end that is what matters. God may know you are worthy, your leaders, friends, family may know you are worthy, but you have to believe it too. Otherwise you will always question yourself. If you don't believe it, you will not feel comfortable attaining it. And the answer is Yes, I believe I am worthy of it.

Day One - First List

"Let us remember that within us there is a palace of immense magnificence".
-St. Teresa of Avila

-Every major activity of your life is FIRSTED....the firstlings of the flock and the first fruits of the field...as the Bible calls it. What are the firstlings of your flocks and which are the first fruits of your fields? - From Cracking the Millionaire Code

The first hours of my day
The first day of my week
The first dollars I earn
The first food that I eat
The first thought that I think
The first smile that I give
The first lens that I use to look at the world
The first meeting of my week
The first Millionaire Idea waiting to be found by me
The first book I read
The first words I speak
The first music I hear
The first desire of my heart
The first song I sing

Day One - Scripture Study

Doctrine and Covenants 104:17 - "For all the earth is full, and there is enough and to spare; yea, I prepared all things, and have given unto the children of men to be agents unto themselves."

Matthew 13:12 - "For whosoever receiveth, to him shall be given, and he shall have more abundance; but whosoever continueth not to receive, from him shall be taken away even that he hath." (JST added)

As I pondered these verses, a picture came into my head. I imagined God with a never-ending supply of water, and he is offering it to us all. It is our choice to partake of it. There are some who do, they come forward with pitchers, coolers, and 20 gallon drums. There are some with cups ranging in size from the Big Mug, to a shot glass. We all have something that could catch the water, even if it is our cupped hand. The beautiful thing is that once emptied, the container can be refilled. Those who receive the water can increase their capacity to hold more water.

Some of us bring our glass and stop the water at the half way mark. "I have plenty," They say. "I have enough for my needs." and they walk away, with their hand over the top to keep the water in. As they drink the water, which is enough to keep them alive, but not enough to thrive, they find themselves thirsty again very quickly. They want more, but somehow feel guilty about wanting more. So they pretend they aren't thirsty. They claim they don't think about water, they are more focused on life. There is a saying I love, "All you can think about when drowning is the need for air." When you are dying of thirst, all you can think about is water. Sure, you have enough to live. . . to survive, but your body needs more than that to thrive. In fact, our brains have this neat little function to keep us from going crazy from the need of water: It turns the thirst off. After a certain period of time, if the thirst isn't satisfied, the brain turns it off, thinking there is no way to get more. Have you ever had extra water? Hydrated yourself more than normal, and then found that you became thirsty faster? That is because your body went "WhooHoo! There must be a spring near by, we can finally get some lubrication!"

When we drink from our glass, and then return to the Lord and ask to be filled, he will fill us. We can even ask Him were to go to get bigger containers for the water. He even asks us to fill others as we cross their paths. What if everyone filled their glasses, and then filled others glasses, and came back for more. Eventually all would have overflowing containers all the time, and we would have a big, joyful waterfight!

Why do we limit the amount of water we can have? If you don't want that much water, instead of putting your hand over your cup, you can give it away. How much more fulfilling is it? I would far rather be the means of quenching another's thirst than refusing life-giving water. Not only that, but when you are overflowing in water, you can grow beautiful things.

Maybe I have gone a little far with the water analogy, but I really believe that the concept of abundance is this simple. We don't have to fight for water other people have, we simply have to find a container we like and fill it from the source. It sure helps to know where it is. If you already know that, you are doing much better than most of the people here, and can help show them the source of water, by sharing.

The Journey Begins

There are several different books and routes that I intend to include in my journey. In fact, there are events that are being set in motion now that I hope will be fruitful in the not too distant future. Today I officially begin a 101 day journey suggested by the book Cracking the Millionaire Code by Mark Victor Hansen and Robert G. Allen. http://www.crackingthemillionairecode.com
They have many fabulous suggestions and are not afraid of combining success, business, and God into their work. Each day has suggested readings, goals, memorization, etc. For someone like me, it is fabulous. I know that I won't do it in 101 consecutive days, after all . . . I do have a toddler, but I intend to finish the course.

Introduction

Economy and Finances have always been favorite subjects of mine. I hold tightly to Economist Paul Zane Pilzer who beleives in the Abundant Economy. This is a record of my journey through that economy, I hope to show it can be done, and that it is a gift from God. I beleive that God wants us all to be abundant, that His power can surround us and give us wings. So this will also be a Spiritual Journey, and I hope to be a greater person because of it.