wealthX LLC operates a website at www.wealthx.ai and/or our mobile applications ("our website" (which includes our blog), "our app" or "wealthX").
wealthX neither provides investment advisory services to clients, nor does personalized financial planning to investors, such as estate, tax, or retirement planning. Nothing on this Site or App should be construed as a solicitation or offer, or recommendation, to buy or sell any security.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS, AND ANY EXPECTED RETURNS OR HYPOTHETICAL PROJECTIONS MAY NOT REFLECT ACTUAL FUTURE PERFORMANCE. FURTHERMORE, PAST RETURNS MAY REFLECT THE PERFORMANCE OF ASSETS FOR A FINITE TIME, OR DURING A PERIOD OF EXTREME MARKET ACTIVITY. ALL INVESTMENTS INVOLVE RISK AND MAY LOSE MONEY. There can be no assurance that an investment mix or any projected or actual performance shown on the Site or App will lead to the expected results shown or perform in any predictable manner. It should not be assumed that investors will experience returns in the future, if any, comparable to those shown or that any or all Clients actually experienced such returns.
All product names, logos, and brands are property of their respective owners. Use of these names, logos, and brands is for identification purposes only, and does not imply endorsement or affiliation.
wealthX investment methodology is based on value investing. Value investing is an investment strategy that involves picking stocks that appear to be trading for less than their intrinsic or book value. Value investors actively ferret out stocks they think the stock market is underestimating. They believe the market overreacts to good and bad news, resulting in stock price movements that do not correspond to a company's long-term fundamentals. The overreaction offers an opportunity to profit by buying stocks at discounted prices - on sale.
Warren Buffett is probably the best-known value investor today, but there are many others, including Benjamin Graham (Buffet's professor and mentor), David Dodd, Charlie Munger, Christopher Browne (another Graham student), and billionaire hedge-fund manager, Seth Klarman.
wealthX algorithms use well known (e.g. p/e, profit margin, ROI) and some proprietary criteria to filter out securities that have had healthy fundamentals for the past 5 years to determine best performing companies. Next the algorithm estimates the fair value of the company security, using quantitative methods of valuing a company's stock price such as dividend discount model, cash flow discount model and few other models. Safety margin of 10% is subtracted from fair value to arrive at the final max stock price at which or below the stock is a “buy”.
The securities recommended in Client accounts are publicly traded companies and are part of Russell 3000 index. Although wealthX believes its selection process identifies securities with high liquidity, wealthX selection process does not guarantee the quality of a particular security or that it will 1) be profitable, 2) trade in a liquid fashion.
wealthX reserves the right to change at any time the selection of securities that it recommends if, in wealthX sole discretion, any security does not meet requirements for continued listing on the platform.
Stocks are only one type of securities product, and wealthX generally does not make recommendations to Clients other types of securities products that an investor may wish to consider as part of his or her overall financial plan.
Performance information is presented net of $29.95 monthly fee unless marked otherwise. No brokerage commissions or any other transaction fees related to stock purchase are included in performance calculation. For all periods the performance information does not include the reinvestment of dividends and interest unless otherwise noted.
Projected and/or hypothetical performance is intended to show only an expected range of possible investment outcomes based on historical average returns and standard deviation of each investment type contained in the investment mix recommended by wealthX, but does not take into consideration the effect of taxes, changing risk profiles, or future investment decisions. Projected and/or hypothetical performance does not represent actual Client accounts or actual trades and may not reflect the effect of material economic and market factors. The actual transaction costs in Client accounts may be different.
Actual investors that become Clients may experience different results from any hypothetical results shown. There is a potential for loss, as well as gain, that is not reflected in the hypothetical information portrayed. The hypothetical performance results shown do not represent the results of actual trading using client assets but were achieved by means of the retroactive application of a model designed with the benefit of hindsight. Investors should carefully review the additional information presented by wealthX as part of any hypothetical comparison.
ANY COMPARISONS TO INDICES ARE PROVIDED FOR ILLUSTRATIVE PURPOSES ONLY. AN INDEX IS A BROADLY DIVERSIFIED, UNMANAGED GROUP OF SECURITIES, WHICH MAY INCLUDE ONLY LARGE CAPITALIZATION COMPANIES OR COMPANIES OF A CERTAIN SIZE. BROADLY BASED INDICES MAY BE SHOWN ONLY AS AN INDICATION OF THE GENERAL PERFORMANCE OF THE FINANCIAL MARKETS DURING THE PERIODS INDICATED. BECAUSE OF THE DIFFERENCES BETWEEN THE CLIENT ALLOCATIONS AND ANY INDICES SHOWN, WEALTHX CAUTIONS INVESTORS THAT NO INDEX IS DIRECTLY COMPARABLE TO THE PERFORMANCE SHOWN SINCE EACH INDEX HAS ITS OWN UNIQUE RESULTS AND VOLATILITY, AND SUCH INDICES, IF SHOWN, SHOULD NOT BE RELIED UPON AS AN ACCURATE COMPARISON
The return, composite and performance information shown on the Site or App uses or includes information compiled from third-party sources, including independent market quotations and index information. wealthX believes the third-party information comes from reliable sources, but wealthX does not guarantee the accuracy of the Site or App information and may receive incorrect information from third-party providers. Unless otherwise indicated, the information on the Site or App has been prepared by wealthX and has not been reviewed, compiled or audited by any independent third-party or public accountant.
The 23% wealthX annualized return shown on Site is hypothetical and based on our model backtest and does not represent actual trading. The 12% annualized market returns shown on Site is SPY ETF return. The time period for both returns is 01/01/2015 to 02/10/2020. wealthX model portfolio max drawdown is 14.52% for that period. SPY ETF max drawdown is 19.24% (4.72% more than wealthX model drawdown). wealthX model returns volatility (returns standard deviation) is 1.06%. SPY ETF returns volatility (returns standard deviation) is 0.84%
Hold and Sell Recommendations may vary for each Client. wealthX charges $29.95/month for “Personal Investor” plan. We do not charge any other fees