Are They the Real Deal or a Scam?
Truth: The internet is full of dubious offers that promise easy money with little to no work.
From Nigerian inheritance scams, binary-option trading systems and work-at-home, get-rich-quick schemes … there’s no shortage of spammy offers trying to rip you off.
This means when a bona-fide investment opportunity is uncovered, many dismiss it for fear of being scammed.
So when we started receiving a lot of questions about the “Kennedy Accounts” video, we dug our heels in to see if these are a scam, or the real deal.
After all, the video claims that you could use these Kennedy Accounts to purchase stocks at $5, $10 or even $25 below their current prices … and how some people have racked up gains as high as $10 million thanks to these accounts!
Well, the results are in from our research, and they will shock you…
But before we fully explain what Kennedy Accounts are, let us introduce you to the financial journalist who put the notorious video together talking about them.
His name is Jeff Yastine.
If that name sounds familiar, you may recognize him from his time at The Nightly Business Report, where he received an Emmy nomination for his investigative work.
As a financial journalist, Jeff built his entire career around speaking with the powerful, the influential and the informed to get to the bottom of things.
For instance, he’s had the chance to speak with Warren Buffett in multiple exclusive meetings, rubbed elbows with financial mastermind Steve Forbes and met with industry-leading CEOs such as Herb Kelleher of Southwest Airlines, as well as Michael Dell of Dell Computers.
Jeff’s popularity has increased after his Kennedy Accounts video was released and quickly went viral.
In the video, Jeff revealed how John F. Kennedy created these accounts with a specific goal: to get America moving again.
You see, when Kennedy was running for office, the American economy was struggling.
GDP was flat, unemployment was climbing and the stock market had dropped 13%.
Who Am I? …
As an Emmy-nominated financial journalist, Jeff built his entire career around speaking with the powerful, the influential and the informed to get to the bottom of things.
For instance, he’s had the chance to speak with Warren Buffett in multiple exclusive meetings, and after the fall of the Soviet Union discussed economic relations with the late Fidel Castro. Jeff’s also rubbed elbows with financial mastermind Steve Forbes, and met with industry-leading CEOs such as Herb Kelleher of Southwest Airlines, as well as Michael Dell of Dell Computers.
Today, Jeff is the editor of the Total Wealth Insider, where he identifies under-the-radar value stocks that are poised to skyrocket in value.
Being the son of the first SEC chairman, Kennedy knew how important the stock market was, and if he wanted the economy to roar back to life, he would need to get Main Street Americans to start investing.
So in the early 1960s, work began on a program that would help “Get America Moving Again” by funneling billions of dollars into American companies . . . and benefit both the companies and Main Street investors.
The result is what Jeff calls Kennedy Accounts, and they have handed investors some incredible gains.
A 26-year-old postal worker named Samuel Murphy turned $45 into a $60,000 payout.
A retired couple from Connecticut saw $122 grow into nearly $100,000.
And an IRS agent named Denise Wilks took a modest $1,841 investment and saw it balloon into $10 million.
In fact, in the video Jeff revealed how using a “Kennedy Account” could turn a mere $500 investment into a staggering $1.19 million windfall.
Those are life-changing numbers, no doubt.
So bold, that a few people are asking if it is a scam.
After much research, our team concluded that these Kennedy Accounts are real, but Wall Street doesn’t want you to know about them.
Filed under IRS Code 852, Kennedy Accounts allow people to invest directly into companies via Direct Stock Purchase Plans, or DSPP.
Currently, there are 449 companies that allow direct stock purchases.
As I mentioned above, Wall Street goes out of its way to hide these accounts from you, and with good reason: it cuts them out of the picture.
You see, instead of investing through your broker, a middleman, and paying a fee … you can buy stocks directly through the company.
Obviously, saving a commission fee is a huge win for the investor, and a huge problem for Wall Street, who rely on generating hundreds of millions, perhaps billions of dollars per year in fees and commissions.
But cutting out the middleman and reducing fees isn’t the only benefit of Direct Stock Purchase Plans.
They also allow investors to buy stock directly from the company at a discount.
Companies sometimes slash up to 5% off the stock price.
It’s no wonder why immediately after the creation of these Kennedy Accounts that financial heavyweights on Wall Street spent up to $1.5 million a day lobbying Congress and the SEC to conceal the existence of these accounts.
They flat-out prohibited the companies that offered Direct Stock Purchase Plans from even advertising them to the general public.
So the Kennedy Accounts … or more commonly known as Direct Stock Purchase Plans … have quietly remained in existence, yet few investors have ever heard of these accounts because Wall Street likes to keep it hush hush.
With that said, turning a few bucks into hundreds of thousands of dollars will take several years to accomplish. And, like all investing, nothing is guaranteed. These Kennedy Accounts are no different.
So yes, Kennedy Accounts are legitimate.
It’s finding unique opportunities like Direct Stock Purchase Plans along with identifying profitable investments that has built Jeff a devoted group of over 50,000 followers.
We looked further into Total Wealth Insider and the results there are promising as well.
Here’s what a few of subscribers told Jeff Yastine about their results:
- “I made $9,127 in profits from the ESG recommendation. Thank you so much for your valuable help and knowledge.” — Louis Sanchez.
- “I tripled my money on that palm oil stock of yours. I much appreciate your efforts to do original research. I believe this is the only possible way to invest. So many thanks.” — Fred Foster.
- “I enjoy your analysis and recommendations immensely. I have taken advantage of several of your recommendations with favorable results.” — Steve.
Since taking the helm of Total Wealth Insider seven months ago, Jeff has already recommended stocks that are up as high as 19.41%, 27.13% and 29.36%.
To learn more about how you can join Jeff’s newsletter Total Wealth Insider and start opening your own Kennedy Accounts with companies that offer Direct Stock Purchase Plans, read the entire transcript of the Kennedy Accounts video by clicking here.
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What are “Kennedy Accounts?”
Kennedy Accounts is the name we have given to a specific investment opportunity called Direct Stock Purchase Plans, or DSPPs, more specifically, a type of plan called Dividend Reinvestment Plans, or DRIPs. With a direct stock purchase plan, you purchase shares in a company directly from the company, as opposed to buying them from a middleman like your broker. And once you have those shares, the dividends are automatically reinvested to purchase more shares of stock with the DRIP.
How do I get started with Kennedy Accounts?
Getting started is very simple. Once you’ve determined that a company offers Direct Stock Purchase Plans, you will find information on the “Investor Relations” section of the company’s website about the steps you need to take to open an account, which is handled through the company’s stock transfer agent. From that point, it’s just a matter of registering for the dividend reinvestment plan.
How many companies offer these plans?
Currently, there are over 1,200 companies that offer a combination of Direct Stock Purchase Plans and Dividend Reinvestment Plans.
What is “IRS Code 852?”
IRS Code 852 refers to the section of the IRS tax code that allows companies to create Direct Stock Purchase Plans.
Why have I never heard of Direct Stock Purchase Plans before?
It’s likely that you have never heard of Direct Stock Purchase Plans before because after the plans were approved by former President Kennedy, Wall Street lobbied to make it illegal for companies to advertise the plans. Because these plans allow investors to sidestep paying commissions or fees when buying stocks, the middlemen on Wall Street don’t want you knowing about them.
Why do companies offer Direct Stock Purchase Plans?
Companies offer Direct Stock Purchase Plans because it allows them to raise additional funds at lower costs than a traditional stock offering or by issuing bonds.
Are these investments real? Or a scam?
Direct Stock Purchase Plans and Dividend Reinvestment Plans are 100% real and are offered by companies that trade on all the major American stock exchanges, such as the New York Stock Exchange.
Is my money at risk with Direct Stock Purchase Plans?
Like any investment, there is the potential for you to lose your capital when you purchase stocks, even through a Direct Stock Purchase Plan.
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