Terms and Conditions for this Web Site

Informational Only

All information herein has been prepared solely for informational purposes, and is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument, or to participate in any particular trading strategy.

Securities and Advisory Registrations

Securities licensed associates of Porter Kickham, Inc. are Registered Representatives of Brookstone Securities, Inc,, Member FINRA/SIPC, Investment advice offered through Brookstone Investment Advisory Services, an SEC Registered advisory.

Registered Representatives of Brookstone Securities and Registered Investment Advisory Representatives of Brookstone Investment Advisory may transact securities business or provide investment advice in a particular state only if first registered, excluded or exempted from Broker-Dealer, agent or Investment Adviser Representative requirements. In addition, follow-up conversations or meetings with individuals in a particular state that involve either the effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made absent compliance with state Broker-Dealer, agent or Investment Adviser Representative registration requirements, or an applicable exemption or exclusion. Porter Kickham, Inc and Brookstone Securities and Brookstone investment Advisory Services are separate and unrelated companies.

Investments may lose value and are not insured against loss. Past performance is not a guarantee of future results.

Do not rely solely on information in this web site for making investment decisions.

Hypothetical Result Warning and Disclaimer

Some pages may refer to hypothetical models or results.

The simple nature of the risk reduction models employed to generate returns which might be shown on this site might enable them to be effective portfolio management tools in the future.

Testing on historical data is only valid if it covers a large number of years and wide range of market conditions, both in secular bull and secular bear markets. No matter how strong a particular model seems, the hypothetical investment returns are hypothetical. There are significant differences between hypothetical returns and returns from actual investments. In particular:

Hypothetical and back tested results do not result from actual trading using client assets. Although index mutual funds are the most likely investment vehicles and given their size it takes very large amounts of inflows or outflows to affect the broad markets, it is possible that trading of actual client accounts could have significantly affected the transaction prices.
The results shown may be from retroactive application of a model that was designed with the benefit of hindsight. Hypothetical performance information may not reflect the impact that any material market or economic factors might have had on use of the methods if the methods had been used during the back testing period in actual accounts.
You should not assume that any of the returns shown or discussed here will be obtained in the future. It is possible that the methods will lose money.