Investment Risk Disclosure
Last updated: [DATE]
Please read this disclosure carefully before using 1010Grow.
1010Grow helps you track spending decisions, redirect would-be spending into investing, practice with a paper-trading (simulated) portfolio, and — for Premium subscribers — connect your own brokerage account to place self-directed trades you initiate yourself.
1010Grow does not provide investment, financial, legal, accounting, or tax advice. Nothing in the app — including the Buffett Analysis, any data, charts, figures, prompts, or nudges — constitutes a recommendation that any security, investment, or strategy is suitable for you. All investment decisions are made by you, on your own judgment and at your own risk.
All investing involves risk, including the possible loss of principal. The value of investments can go down as well as up, and you may get back less than you invested. Past performance is not a reliable indicator of future results. There is no guarantee that any investment, strategy, or feature in 1010Grow will be profitable or achieve any particular result.
The free paper-trading feature uses virtual money and simulated conditions. Simulated results have inherent limitations and do not reflect actual trading, real market liquidity, fees, slippage, or the emotional and financial realities of investing real money. Performance in paper trading does not guarantee, and may differ substantially from, results in a live account.
Where 1010Grow facilitates live trading, you are trading your own brokerage account (e.g., Alpaca or Charles Schwab) using your own credentials and authorization. Every live trade is initiated and authorized by you. 1010Grow does not exercise discretion over your account, does not place trades on your behalf without your action, and does not manage your money.
Before making any financial decision, do your own research and consider seeking advice from a licensed financial professional who can take your individual circumstances into account.
By using 1010Grow you acknowledge that you have read and understood this disclosure.