Jeff Yastine: What Exactly Are His Kennedy Accounts?

Jeff Yastine is one of the editorial directors for Banyan Hill Publishing Company. He is currently a regular contributor to several publications from the company including his popular investment advice newsletter Total Wealth Insider. While he has had significant success as an investment advice columnist, he first became nationally recognized as a financial journalist. It was during the time that he was working on the PBS publication The Nightly Business Report that he entered the national spotlight upon receiving an Emmy nomination for work that he had done regarding the American infrastructure system.

Since then he has had the ability to correspond with a number of the nations greatest investment figures including individuals such as Warren Buffett, Sir Richard Branson, and even Steve Forbes. This is allowed him to gain significant insight into investments that few individuals can claim to have. See more of Jeff Yastine on facebook.

Jeff Yastine has recently entered the mainstream once again after the release of a video that quickly went viral. In this video, he discusses on an investment opportunity that he has termed Kennedy Accounts. It is fairly normal to be cautious whenever you first hear of investment opportunities that seem to promise incredible returns.

Kennedy Accounts may be a unique invention of Jeff Yastine himself however they do refer to a very unique investment vehicle. Kennedy Accounts are named Kennedy Accounts due to the fact that the investments that they refer to were first created under the administration of John F. Kennedy. As John F. Kennedy assumed his role as president, he was confronted by a struggling American economy. He knew that in order to stimulate the American economy he would need to implement legislation that would incentivize regular mainstream Americans to invest in the stock markets.

In order to do this, he reformed the tax code of the United States and in the process added IRS code 852. IRS code 852 allows the possibility of individuals to purchase stock in a company without the need for the middleman of Wall Street. In order to do this, an investor simply uses Direct Stock Purchase Plans or DSPP. There are several key benefits that are conferred by purchasing stock using Direct Stock Purchase Plans. You are able to eliminate the commissions that are charged by stockbrokers on Wall Street increasing the return on your investments. In addition to the elimination of commission fees corporations that participate in Direct Stock Purchase Plans also typically offer their stock at a discount of up to 5%. Know more: https://www.investmentu.com/investment-experts/jeff-yastine