The internet has been around – in the form as we know it, the World Wide Web – since the 90s. And now, as of 2019, there are about 4.5 billion internet users.
The internet revolutionized the world like the steamboat and the printing press did. But what if the time came to revolutionize the internet?
If you could get in on it early and invest in the right places, you could potentially make millions, and it’s what moguls like Jeff Yastine are banking on.
But is Yastine’s Hypernet legit? The Hypernet isn’t a scam, it’s just a term Jeff made up to describe a new technology that could make the internet faster. And he uses this “Hypernet” concept to pitch his newsletter, Total Wealth Insider, where he shows you how to invest in stocks that could benefit if this tech goes mainstream.
Now let’s take a closer look at who Jeff Yastine is, what the concept of the Hypernet is, and whether or not it’s worth investing your time (and money) into.
Who Is Jeff Yastine?
Jeff Yastine knows his stuff when it comes to investments – he has a track record of success. He also has over two decades of experience under his belt which started in the mid-90s when he became an anchor and correspondent for PBS’s Nightly Business Report.
Yastine is a weekly contributor to Smart Profits Daily from Banyan Hill and is co-editor/editor for publications such as the Total Wealth Insider and Profit Line.
Yastine became interested in the stock market at 23 years old when the market crashed in 1987. This got him interested in the ins and outs of the stock market and it’s volatility.
He does have some notable accomplishments in his career such as being nominated for a 2007 Business Emmy Award for his reporting on America’s underfunded system of public infrastructure.
He even helped warn investors about the real estate crisis of the mid-2000s during his reporting career. He also gained invaluable pieces of information from his time as reported when he interviewed people such as Warren Buffett.
As you can see, Jeff Yastine has a good track record with finances and is a pretty big name in the investor world.
What is “Hypernet”?
The Hypernet is a term that was coined by Jeff Yastine to explain the idea of Li-Fi.
Li-Fi was pitched at a 2011 Ted Global Talk by a guy named Harald Haas. The concept of this new type of internet is that it will use light waves instead of electro-magnetic waves at radio frequencies to transmit data.
Due to the nature of the speed of light, the idea is that the internet speeds will significantly increase and, because it would use light waves, it wouldn’t interfere with important devices such as pacemakers, which can currently be affected by Wi-Fi.
This concept of Li-Fi (or the “Hypernet”) is something that Jeff Yastine thinks will make the internet as we know it obsolete.
Yastine describes the Hypernet as being 100 times faster than Wi-Fi and pitches that this will be the new mode for communication.
Basically, Jeff Yastine’s Hypernet is a whole video presentation to give you more information about the concept of the Hypernet – kind of like Mampilly with America 2.0.
In the video, Yastine states that it’s not an “untried technology” and that the U.S. Navy SEALS already use this concept (which, after a quick Google search, does appear to be true).
He also makes it a point to clarify that the Hypernet is not 5G, AI, virtual reality, or blockchain. But he does claim that the Hypernet could be “critical to the success of all these things.”
Jeff Yastine also recommends not investing in companies like GE, Samsung, or Apple, who have already started making Hypernet-ready products. But he instead says that he’s found the “perfect way for you to multiply your money 10 times over.”
He then goes on to mention a company that’s supposedly at the forefront of this “$48 trillion tech windfall the Hypernet’s set to ignite.”
After a little bit more explanation of the concept (and why he thinks it’s great), you’re probably wondering how to get in on the Hypernet revolution.
Well, that’s where the whole point of the video comes in.
Yastine is really trying to get you to subscribe to his newsletter, the Total Wealth Insider.
What Is The Total Wealth Insider?
The Total Wealth Insider is a subscription service that Jeff Yastine offers that gives you tips and insights to help you be on the road to financial success in investing.
Some things this subscription comes with are:
- Trade Alerts: alerts you get via email letting you know when you should buy or sell something
- Weekly Updates: a weekly webinar keeping you up-to-date with Yastine’s stock recommendations and how they’re playing out
- Daily Briefings: Yastine’s daily email newsletters (you get automatically subscribed to), which include insights from his entire team
- Monthly Podcasts: a podcast released by Yastine and his colleague Brian Christopher once a month reviewing current market positions, the Total Wealth Insider portfolio, and other things they’re keeping an eye on
Plus more, including five free bonuses.
The Total Wealth Insider subscriptions range from $47 to $129 and, as stated above, you need to get this subscription if you actually want to know where to invest (according to Yastine) for the Hypernet revolution.
Should You Invest In Li-Fi?
As with a lot of these types of investment presentations, there’s a claim to make a lot of money on one certain stock or group of stocks that hinges on the success or failure of the concept itself.
Meaning, if Li-Fi (aka the Hypernet) takes off and brings in a new wave of internet, then it probably would have seriously paid off to take the advice of Yastine. If it doesn’t, however, then it could potentially lose you a lot of money.
A great example of this is how lots of people promoted cannabis stocks which fell in 2019 and continue to fall.
So, should you invest in li-fi technology, or is it on the downward trend, like cannabis stocks?
Surprisingly, Li-Fi seems to be gaining more and more attention, especially as 5G becomes more prevalent in people’s minds.
In fact, one report claims there will likely be significant growth in the market between 2019 and 2028.
But when you look at companies like Signify (with the stock ticker LIGHT), you’ll see that it’s plummeted since February of 2020. Actually, it’s currently the lowest it’s been in 5 years (at the time of writing this).
Keep in mind that Signify isn’t a purely Li-Fi centered company, just one that has recently released a line called TruLifi. So, the major fall in their stocks might not have anything to do with the concept of the Hypernet at all.
Honestly, it’s kind of hard to get an idea of what the market will do, because there are so few publicly traded companies that are dealing with LiFi. Most companies that are involved in this concept aren’t publicly traded yet.
Plus, the idea is still relatively new, and it’s hard to know which companies will emerge and withstand the trials that will come with such a revolutionary concept, and which ones will ultimately fall.
As a full disclaimer, though, people like Jeff Yastine are far more knowledgeable than me in the areas of investing and internet technology. So, it wouldn’t hurt to listen to the experts if you’re serious about investing in this type of industry.
Just know that, as with investing in any type of stock, there’s a risk involved. No one can predict the market with 100% accuracy, and you shouldn’t expect to become a millionaire overnight.
Altogether, Jeff Yastine’s “Hypernet” is legit because the concept is something others are actually trying to work on implementing, and isn’t a scam because it’s not really a product.
This presentation is essentially just a pitch to get you to subscribe to his Total Wealth Insider newsletter, which is a legitimate subscription based service.
And while this newsletter can have some valuable information for investing, and Jeff Yastine does have some good history in his resume, the Hypernet is not something that is being widely implemented yet, like Jeff Yastine is saying it will be.
The important thing to remember is that there are many times where there are big ideas of revolutionizing the future that never happen. So, while there are lots of companies doing research and trying to roll out the Hypernet, it could never actually “make the internet obsolete.”
And as with all stocks and investing, nobody can predict the outcome with 100 percent certainty. In the end if you want to subscribe to Jeff Yastine’s Total Wealth Insider to be able to gain more information about Hypernet investing, that’s a personal choice.
Just remember to be smart and don’t invest more money than you’re willing to lose.
Hope you enjoyed the article! My name is Tim and I’m the creator of Affiliate UNguru. I started this site out of a passion to help others avoid scams and to share how I’ve been able to create a successful business online. You can see how I did it in this free training.