Kennedy Accounts Scam Or Legit? [Revealed]

Is there anyone better to explain exactly what the Kennedy Accounts are than someone that is actually benefiting from it? 

Yes...

I do indeed benefit from The Kennedy Accounts! 

Or to be more accurate - I benefit from what the term is referring to. The term is something that was created by Jeff Yastine as a marketing gimmick to attract attention and it has certainly worked very well!. 

Kennedy Accounts are simply Direct Stock Purchase Plan type of investments or DSPP as they are known for short. 

My own link to "the Kennedy Accounts"?.

Well, I invested in some dividend paying shares (AT&T - to be precise) and instead of enjoying the financial benefit of the dividend payment I instruct the company to pay in shares instead of a cash payment. 

This way I increase my holdings!. The price goes up I get to buy less, price goes down..I get to buy more - either way I win!. 

The main benefit of DSPP investment is you are buying direct from the company and thus have no brokerage fees to pay - and in  my case when exchanging my cash dividend for stock I get a slightly lower than market price. 

Why are they called Kennedy Accounts? 

Well the name comes from the fact that President Kennedy is the one who made this Direct Stock Purchase Plan as law. 

It is certainly a very good investment idea and strategy. 

Jeff Yastine is well known and very well respected in the financial industry and is a well respected finance journalist. He is the Editor of Total Wealth Insider and a regular, weekly contributor to Sovereign Investor Daily

He has over 25 years experience as an investor and financial journalist and has unparalleled expertise in economic, business and monetary trends.  

During his career as a Finance journalist he has interviewed many top business men, investors and entrepreneurs From Warren Buffett To Michael Dell To Sir Richard Branson to name a few!. 

His part in Total Wealth Insider is identifying under valued under appreciated companies and stock. 

This is a financial advice newsletter that is published by Banyan Hill Publishing The main focus of the newsletter is investments that the majority of investors shy away from. 

The focus is Cyber Security, gold plays, and renewable energy and of course DSPP or Kennedy accounts as he calls them!. 

The price of subscription is $47 per year for regular subscription or $129 for premium upgraded subscription or $595 for lifetime subscription. 

Jeff claims you can earn $10,000 with his advice or the cost of your subscription back!. Quite a claim!. 

Evidently this is not going to be a solid and reliable way of making money on a sustainable basis. With Investment comes risk. 

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Personally I can confirm that you can indeed make money by taking advantage of the DSPP / Kennedy Accounts. 

This technique increases and grows you stock investment in a company and not only grows your holding year on year it also increases your income should you at some point opt for cash instead of stock buy back option. 

The Pros

What I Like About Kennedy Accounts DSPP:

• It can be automated - set and forget!
• You holdings in a company grow - like snowball!
• You increase the monetary value of your dividend payment also!
• Cheaper to do than go through a broker.

The cons

What I don't like about Kennedy Accounts DSPP:

• These Direct Stock Purchase Plan Shares are actually harder and more difficult to sell and take longer to sell on the open market than regular shares.

To balance out this minor con - companies are obliged to buy back those stocks at market value often they do take their time about it!. 

Heck no!. 

Nothing further from a scam at all. "Kennedy Accounts" are a totally legit way of buying stock direct from a company and if you are into dividend paying stocks (like I am) it is great way to "set and forget" and just let your investment grow and grow like I  have for over a decade now!. 

100% legit!. 

Totally legitimate way of growing your wealth and increasing both the value of your holding and the amount of your dividend payment year on year. 

While I cannot actually suggest that you do it - that would be giving out financial advice which requires a licence.

I can certainly tell you that it, buying DSPP is a good idea and very good method and technique to grow your wealth.