Feeling lost trying to get to the truth about high interest investment programs? Here's your cause for confusion: with interest rates that commonly pay out between 3 to 10% a Month, suddenly Bob and Bonnie Baby-Boomer have another chance at a decent retirement, - this despite their credit card mess, their second mortgage, the Stock Market, the gas crisis and all the other 'macro' horrors to which we can all look forward as Time goes on...

As the numbers clearly show, at these pay-out levels the Baby-Boomers can, in just a few short years, make up for a lifetime of bad investment luck and bad decisions. While this is great for a lot of people, the hype-driven Internet is turning out to be quite the lousy provider of quality information when it comes to HYIPs and other factors that relate to them.

Methods: In most instances, there is little discussion if any regarding how the Fund in question makes money. It is generally difficult if not impossible to find out who the managers are, or for how long they've been around. Some high interest Fund Mangers provide the required transparency, but most don't. Despite this, people still buy in.

Web Sites - Webmasters and the people who dominate discussions at these HYIP-investor sites tend to only put a positive spin on any given fund. This is certainly not a wise way to present information, as any really impartial person ought to want to know, and keep wanting to know, the good information as well as the bad.

The spin is overly positive because the conversation leaders either collect affiliate income from anyone who signs up under them, or, because they themselves want to keep believing. Given the fact that only about one in ten HYIPs are truly legitimate investments, - the others usually crash and everyone loses their money - it follows that most of the 'information' provided at such web sites is basically partisan 'noise'.

The would-be investor should know that the better funds tend to stay off the radar and are by 'invitation only' - which means that you should never enter a fund without at least taking a few days, and hopefully longer, before you make your decision whether or not to enter said fund.

Tax Advice - How do you manage these investments, in proper accordance with the Tax Man? Does one have to declare gains? When and how? Again, the web sites involved in promoting HYIPs are generally silent on these matters. When it comes to the tax questions, the general theme is how one 'hides' money from the federal authorities. Not a wise strategy there at all. Why bother (a) risking your hard earned money on a fund that (b) ultimately gets confiscated from you by the Feds if it does succeed because (c) you didn't do your Tax homework?

Here we are just scratching the surface regarding what needs to be addressed when it comes to these high-paying HYIPs. These funds are certainly worth taking a close look at. But you'd better look at the big picture when you do.