A High Yield Portfolio (HYP) seems to me a harmless and
generic name for any group of investments cobbled together in an attempt to
bring in above-average income. Until
recently I had no idea of the origin of the term, which is common enough in the
FI blogs and even the MSM.
However, to the boys over at The Lemon Fool forum, HYP is a
religion. It has its own messiah, texts,
rules, specific and tightly-moderated forum boards and a gaggle of hard-line disciples,
with a kill-the-heretic mentality for anyone daring to suggest actually selling
portfolio shares or including investment trusts etc.
The constant bitching that goes on between the strict
adherents and the heretics is actually quite amusing. Check it out, they're in top form at the minute ...
It reminds me of Graham Chapman in the Life of Brian asking
'are you the Judean People's Front ?'
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