The assassination of President John F. Kennedy in 1963 may have cut the legacy of one of the most beloved leaders in the history of the U.S. but one of his most important contributions to the American public has been locked away in secret for more than half a century. Journalist and broadcaster Jeff Yastine, the former anchor of the “PBS Nightly Business Report” has been looking into fabled Kennedy accounts which have long been rumored but never revealed to the public. View Jeff Yastine’s profile at LinkedIn.
Jeff Yastine has recently revealed President Kennedy was seeking election to his first term in The White House when he created a plan to help move the American economy once more after it had stalled following World War II. Through his investigative journalism, Jeff Yastine discovered Kennedy had created a plan allowing individual investors the opportunity to avoid large broker fees and buy stocks directly from a company or through a transfer agent; the benefit for everyday Americans was the fact the Kennedy accounts allowed them the opportunity to avoid the large fees which keep financial institutions in profit by millions of dollars each year.
Jeff Yastine understood he was placing his own reputation on the line when he decided to ignore the long-standing tradition of not advertising the existence of Direct Stock Purchase Plans to the U.S. public. By some estimates, Wall Street officials and members of the SEC have spent as much as $1 million per day in a bid to avoid bringing attention to the Kennedy accounts in the way Jeff Yastine has in the last few years.
Seeking to assist members of the U.S. public is something the investment specialist holds dear to his heart and is shown in his many different articles written for sites such as medium.com which reveal where to invest for the everyday person. In a recent article, Yastine explained the growth of the cybersecurity industry offers a potential area of growth for investors who can still get in on the ground floor before the cybersecurity sector becomes too expensive to make an investment in. As his work continues, Jeff Yastine is hoping to bring even more of the potential success an investor can have following his advice about the always fluctuating markets.
Read more on Talk Markets: http://www.talkmarkets.com/contributor/Jeff-Yastine/