Jeff Yastine: Cybersecurity Is a Great Investment Opportunity

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Jeff Yastine is a well-respected financial journalist and investment advice columnist. He began his career by receiving a bachelors degree in journalism. He immediately began to work in the financial sector of journalism as a financial journalist. He first began to reach prominence during his time as a correspondent for PBS publication The Nightly Business Report. At the time The Nightly Business Report was the most widely viewed nightly business broadcast. It was during his time as a correspondent for the PBS publication that he received an Emmy nomination and entered the national spotlight for his work as an investigative journalist on America’s infrastructure system.

Today he is most well-known for his work as an investment advice columnist for Banyan Hill Publishing Company. He has created a viral video in which he discusses Direct Stock Purchase Plans and popularized the term Kennedy Accounts. He is also a regular contributor to several newsletters including his popular newsletter Total Wealth Insider. Read this article at Forexvestor.com.

In addition to his views regarding Direct Stock Purchase Plans, he has also given advice to American investors on potential investments in the cybersecurity industry. Over the last few years, concerns about the security of our nation’s cyber infrastructure have caused a significant increase in the amount of money in this industry. Jeff believes that this represents a great investment opportunity as it is likely that the industry will only continue to grow as the world becomes increasingly connected.

The growth of this industry is being fueled by the scandals regarding Russian hackers in the American election as well as issues within American accompanies such as the data breach that occurred at Equifax. In the recently proposed budget by the US government, a total of $14.9 billion has been devoted toward cybersecurity. This is a 14% increase from 2017. Jeff Yastine believes that in the coming years the spending will only continue to grow larger as cyber infrastructure becomes and more integral part of our nation’s corporations and government.

The average American company has increased its budget for cybersecurity by 10% in the last few years. In some cases, it has been even larger. As cash continues to flood into the cybersecurity industry the stock valuations for cybersecurity companies will only continue to increase. This represents one of the best industries to invest in for future growth. Already Jeff Yastine has been able to generate a 19% return over six months and one of the companies that he has invested in. Visit: https://kennedyaccounts.com/

 

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