4. Diversify your money to your final selected programs. You can do following:

Example: Total Investment - 300$

Program,Investment,Compounded (%) A,100,50% B,100,30% C,300,0%

Do not compound all you investment because it's to risky. I recommend that one of your program should be 0% compunded and

deposited directly to your e-gold account

5. Monitor. Monitor. Monitor --- Visit review sites if possible everyday to check statuses of your HYIP. If one of your HYIP website had been down for 3- 5 time in one month start pulling out your principal from this program.

6. Last Step, Study and Learn. Read investment articles that can help you increase your understanding on internet investments. Here is a great resource:

Get Paid Programs Review & Ratings - Your One stop making money directory

Remember: If a promotion over phone does interest you, insist written information be sent to you before agreeing to make deposit.

3. Outright SCAM Sportsbooks - usually open up right around football season. This type of scam operation is know as deposit-only sportsbook because they do whatever it takes to get you to deposit your money with no intention of ever making pay-outs.

The easiest way to spot a fake is to look for an address or phone number. If site lists a phone number, call it and ask for their address. If they do not readily give you a valid address, consider them suspect and do further research before making a deposit. These rogue operations often use large bonuses, spam email and other shady tactics to lure players.

Remember: In this completely unregulated industry, you have to do extra research because there are no safety nets and you are only one responsible for your funds.