A lot of people dream of making money from investing in the stock market. Picking the right stocks to invest in, watching your money grow, and retiring as a multi-millionaire investor.
Similar to well-known stock investor and one of the richest men on the planet, Warren Buffet, has done. Unfortunately, wanting to be like Warren Buffet and actually being like him are two different things.
A lot of people have tried their hand at making money from investing in stocks. But, the majority of them have ended up just breaking even or even worse, losing money.
Fortunately, there is a way for you to make money in the stock market similar to how Warren Buffet and other rich people have done.
This is what Jeff Yastine, an experienced financial investor, claims in his sales video. He claims that he is unveiling a well-kept government secret that can help you turn a small investment into a fortune.
He calls this secret the Kennedy Accounts. It’s an investment program that he claims can allow you to make millions of dollars even if you only invest a small amount.
This is a bit bold and kind of hyped up, which might make you wonder if this opportunity is really legitimate or just another scam to avoid?
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Kennedy Accounts is Legit, But it Has A Major Issue
Kennedy Accounts is said to be a well-kept government secret investment program that can help turn small money into huge profits.
It’s a program that was created by Jeff Yastine, a well-known financial investor who already has more than 20 years of experience. He is also an anchor for the Nightly Business Report of PBS.
He claims this investment program is no longer a secret as he will reveal how it works. Now, from what I’ve seen so far, I wouldn’t really call this program a scam.
It can help you with your investment strategy and Jeff Yastine is well-known enough not to provide a scam program. However, this doesn’t mean that there isn’t any issue with Kennedy Accounts.
There are a lot of people that actually call this program a scam and it is due to one major issue and that is how it is marketed and advertised.
Kennedy Accounts is not a government secret nor is it an investment program. This is all just a term that Jeff has coined to try and entice people to join. I’ll discuss this in more detail as we progress further in this review of this opportunity.
Who Uses Kennedy Accounts?
Kennedy Accounts is designed for people who are looking for opportunities to make money in the stock market.
It is said to be an investment program that can turn your small investment into a huge profit that can amount to even millions.
The creator even says that this program is a government secret that he is revealing. However, all of this is just one big marketing tactic.
The Kennedy Account is just a term that Jeff Yastine coined to help promote his newsletter, Total Wealth Insider. Of course, this newsletter is not free. In the next section, I’ll discuss in more detail how this opportunity really works.
How Does Kennedy Accounts Work?
Kennedy Accounts is a supposed investment program that the government kept secret. Jeff Yastine said in the sales video that the program can turn small investments into huge profits.
He claims that he is revealing what this program does to help people make a profit from their investments, even if they don’t have a lot of money to start.
Though all of this sounds enticing, in reality, it’s all just a big marketing ploy. There is no such thing as Kennedy Accounts program, as the term is just something that Jeff created.
The sales video is really just a marketing ploy to get you to subscribe to his Total Wealth Insider newsletter.
The supposed investment program is part of what his newsletter offers. Now I said above that this is not a scam, even if the sales video is a bit misleading.
The reason for this is that there is an investment program and it’s called the Direct Stock Purchase Plan (DSPP). The gist of this plan is that it basically allowing investors to purchase stocks directly from the company.
This means that you won’t have to go through a broker to purchase stocks. This also means that you won’t have to worry about fees or commissions affecting the money you invested.
The DSPP also provides you the option of re-investing the dividends earned if you decide not to withdraw, this allows you to compound your investments.
This is not really a secret program or a new thing, but the law was approved by the late president, John F. Kennedy, hence Jeff Yastine named this strategy the Kennedy Accounts.
But as I said before, this strategy is really part of the Total Wealth Insider newsletter and this is a fee-based subscription newsletter. The cheapest option is $47 a year and the most expensive is $129.
There are also bonuses included in your subscription and the higher amount you pay the more bonuses you’ll get. The $97 a year will come with automatic renewal.
What Are People Saying about Kennedy Accounts?
The reviews and comments about Kennedy Accounts have been mixed, but the common theme about this opportunity is that it is legit, but it uses misleading tactics to get people to sign up.
This is probably the biggest issue that a lot of people have with this opportunity, the use of misleading marketing and advertising tactics.
The sales video of Kennedy Accounts makes it sound like it is a program that will help you become rich real quick. It even uses fake testimonials to make its claims look legitimate.
A quick search of the photos used of people who made money with the program reveals that they are just stock photos.
You’ll see some of them used in other sites as well. In relation to this people are also expecting this opportunity to make them rich due to the hyped-up income potential.
This could make some people oblivious to the risks associated with investing, which is a problem as people might not know that they could also lose money even if they use this program.
Another misleading tactic is that it is marketed as a secret government program, which is a complete lie. As we already discussed above, this is really not a secret government program.
It’s basically just the Direct Stock Purchase Plan, where you can buy stocks directly from companies. The use of the name Kennedy was just due to the late president, John F. Kennedy, being the president that signed this into law.
What’s more, the Kennedy Program is also just part of Jeff Yastine’s newsletter, the Total Wealth Insider. This opportunity is just an advertisement for the newsletter to entice people to subscribe.
There’s really nothing wrong with it adding a bit of hype when it comes to advertising or marketing. But, my issue here is that they are still misleading people about what the program really is. They also lie about the income potential, even using fake testimonials to make it sound legit.
These advertising tactics are the ones that scam opportunities usually use. This is why a lot of people are quick to judge Kennedy Accounts as another scam.
If Jeff and his team toned down the marketing hype and trickery and were to be more honest, while still highlighting the possible benefits it provides, then there wouldn’t be much of a problem here.
What I Like about Kennedy Accounts
Now that we know what Kennedy Accounts is and what it offers, it’s time to discuss what is good about this opportunity.
- The first thing that I like about Kennedy Accounts is that the investment strategy is actually created by someone who has experience investing in the finance industry. Jeff Yastine is a well-known figure in the financial industry, having more than 30 years of investing experience. So he really knows what he is talking about.
- Another thing that I like about Kennedy Accounts is that the strategy does have its positives, provided you already know what you are doing. If you are new to stock investing, it’s best that you learn the basics first and understand risk management before trying this out. If you’re already experienced, this opportunity can provide a good strategy that you could incorporate into your investing plan.
What I Dislike about Kennedy Accounts
Of course, not everything about Kennedy Accounts is good and dandy, as there are also several things about this opportunity that I don’t really like.
- The first thing that I don’t like about Kennedy Accounts is that they put too much hype into the income potential, misleading people about how much money they can possibly make with this investment strategy. I don’t doubt that there’s a possibility to earn good amounts of money here, but the way they present it makes it sound like it’s a guarantee you’ll get rich. It’s important to remember that in investing, nothing is guaranteed. Because no matter the strategy you use, you can’t always predict accurately what the market will do.
- Another issue I have with Kennedy Accounts is that the risk associated with investing, especially in the stock market, isn’t mentioned or given proper attention. In any investment strategy, I believe risk management should be one of its main components. This is because no investment strategy is without flaw, all of them will have some sort of risks involved. This needs to be stressed properly so people will know what to expect and the risks involved.
- I’m also not a fan of one of the guarantees that Jeff Yastine mentions when it comes to subscribing to Total Wealth Insider. One of his guarantees is that his track record should give you a chance to earn $10,000 in profit through the newsletter. Yes, this is very possible, but it’s not guaranteed. Besides, he forgot to mention that earning an amount this high will likely require that you invest a lot of money as well and not just $100 or less.
Do I Recommend Kennedy Accounts?
After learning more about Kennedy Accounts and what it can really bring to the table, I’d say it is an opportunity that is not for everyone.
I believe this opportunity can really provide a good investment strategy once you get past all of the hype and misleading tactics.
This is why I only recommend Kennedy Accounts to people who already have a background in investing in the stock market and are aware of the risks associated with it.
If you’re an experienced investor, you’d already know that the sales video and all of the income claims are exaggerated and hyped-up.
It will be easier for you to get past all of the hype and focus more on the strategy being provided. But if you are new to stock market investing, then it would be better to avoid this opportunity.
Gain more experience first and master risk management in stock market investing. Once you have accomplished that, you’ll be able to get past all of the hype and might find Kennedy Accounts useful.