Last Updated: February 2026
1. Comprehensive Investment Disclaimer & Risk Disclosure
1.1 Educational Purpose & Publisher’s Exclusion All content provided on Picture Perfect Portfolios (the “Website”), including but not limited to portfolio allocations, quantitative models, fund analyses, strategy backtests, market commentary, newsletters, and graphical data, is strictly for educational, informational, and illustrative purposes only.
- Publisher’s Exclusion: This Website is a bona fide publication of general and regular circulation offering impersonalized investment-related analysis and commentary. It is not an investment advisory service, a financial planner, or a robo-advisor.
- No Fiduciary Relationship: No Fiduciary, Agency, or Client Relationship is created between you and the author/publisher (The Samuel & Audrey Media Network) through your use of this Website or via any communication (email, comment, or social media interaction).
- Not Professional Advice: The content is intended for a general audience and does not address the specific financial objectives, risk tolerance, situation, or needs of any individual investor. You acknowledge that the Author is not a financial advisor, registered investment advisor (RIA), broker-dealer, or tax professional.
1.2 No Solicitation or Offer of Securities Nothing on this Website shall be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security, derivative, financial instrument, or investment strategy.
- No Suitability Analysis: The Website does not purport to provide a comprehensive analysis of the financial condition of any company or fund. You are solely responsible for determining whether any investment, investment strategy, security, or related transaction is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance.
1.3 Opinions, “Safe Harbor” & Conflict of Interest Opinions, strategies, and ideas presented herein represent personal perspectives based on independent research and publicly available information. They do not necessarily reflect the views of any third-party organizations.
- “Skin in the Game” Disclosure: The author may or may not hold long or short positions in the securities, ETFs, or financial instruments discussed on this Website. These positions may change at any time without notice. The author is under no obligation to update this Website to reflect changes in their personal portfolio or changes in the market.
- Forward-Looking Statements: This Website may contain “forward-looking statements” regarding future economic conditions, asset class performance, or market volatility. These statements are based on current expectations, estimates, and projections. Actual results could differ materially from those anticipated. You are cautioned not to place undue reliance on these predictive statements, which speak only as of the date they are published.
1.4 Comprehensive Risk of Loss & Leverage Disclosure Investing in financial markets inherently carries substantial risks. You must be fully aware that there is always the potential for partial or total loss of your principal investment. By using this Website, you acknowledge the following specific risks:
- Market Risk: The risk that the value of your investments will decrease due to movements in market factors such as stock prices, interest rates, and foreign exchange rates.
- Leverage & Daily Reset Risk: This Website frequently discusses Leveraged ETFs (LETFs) (e.g., 2x or 3x funds). These products are highly complex and are generally designed for daily performance tracking.
- Volatility Decay (Beta Slippage): Due to the compounding of daily returns, holding a leveraged ETF for periods longer than one day may result in performance that deviates significantly from the underlying benchmark, especially in volatile “choppy” markets.
- Path Dependence: The final return of a leveraged strategy is dependent on the specific path of prices, not just the start and end points. A sideways market can erode value in leveraged funds even if the underlying index remains flat.
- ETN Credit Risk: Strategies discussing Exchange Traded Notes (ETNs) carry the Credit Risk of the issuing bank. If the issuer defaults or declares bankruptcy, you may lose your entire investment regardless of the performance of the underlying index. ETNs may also be subject to “Acceleration Events,” where the note is forcibly redeemed at an unfavorable price.
- Tail Risk: “Black Swan” events or extreme market anomalies may cause quantitative models to fail, leading to losses exceeding historical maximum drawdowns.
1.5 Hypothetical Performance, Backtesting & Model Limitations Past performance indicators, including historical data, backtesting results, and hypothetical scenarios, should never be viewed as guarantees or reliable predictions of future performance.
Data Accuracy: Data presented on this site is sourced from third parties (e.g., Portfolio Visualizer, Yahoo Finance, Koyfin) believed to be reliable. However, “Picture Perfect Portfolios” does not warrant or guarantee the accuracy, completeness, or timeliness of any data.
CFTC Rule 4.41(b)(1) Protocol: Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity.
Look-Ahead & Survivorship Bias: Backtests presented on this site are constructed with the benefit of hindsight. They may inadvertently include “Survivorship Bias” (ignoring funds that have failed/delisted) and “Look-Ahead Bias” (using data not available at the time of the trade).
Model Error & Overfitting: Quantitative models are subject to “Overfitting” (Data Snooping), where a strategy is tailored to fit historical data perfectly but fails in real-time markets. “Picture Perfect Portfolios” makes no representation that any account will or is likely to achieve profits or losses similar to those shown.
2. Privacy Policy & Data Protection (GDPR/CCPA)
2.1 Data Controller For the purposes of the General Data Protection Regulation (GDPR), the Data Controller is The Samuel & Audrey Media Network (operating as Picture Perfect Portfolios). Contact: [email protected]
2.2 Information We Collect We may collect the following types of data:
- Voluntary Data: Name and email address (if you subscribe to our newsletter).
- Automatic Data: IP address, browser type, device information, and browsing patterns via Google Analytics and server logs.
- Cookies: Small text files stored on your device to enhance site functionality and ad delivery.
2.3 How We Use Your Data
- To improve Website functionality and content.
- To send periodic emails (newsletters) if you have opted in. You may unsubscribe at any time.
- To serve personalized advertisements via third-party networks.
2.4 Advertising Partners This Website works with third-party advertising networks to serve ads.
Mediavine Programmatic Advertising
The Website works with Mediavine to manage third-party interest-based advertising appearing on the Website. Mediavine serves content and advertisements when you visit the Website, which may use first and third-party cookies.
Data Collection & Usage: When serving personalized ads, Mediavine collects data including your IP Address, Operating System, Device Type, and hashed email addresses. This data is used to provide interest-based advertising across your online experience. Mediavine Partners may also link this data to other end-user information they have independently collected.
Opt-Out Rights: You may opt-out of interest-based advertising by visiting the following tools:
Mediavine Advertising Privacy Notice: Mediavine collects information about your online activities and browsing information to enable partners to display interest-based advertising. This may include your location, browser type, and interactions with ads. For a complete list of Mediavine partners and their specific privacy policies, please visit the Mediavine Ad Partners Page.
If you reside in the EU, UK, or certain US states, you have specific rights to delete, access, or correct your personal information. To exercise these rights regarding Mediavine’s services, please contact them directly at [email protected].
2.5 Affiliate Disclosure This Website engages in affiliate marketing. If you click on a link to a brokerage, tool, or book, a cookie may be placed on your browser to track any resulting sales for the purpose of commissions. This comes at no extra cost to you.
- Picture Perfect Portfolios is a participant in the Amazon Services LLC Associates Program.
2.6 Cookie Policy
What Are Cookies? Cookies are small text files placed on your device (computer, smartphone, or tablet) when you visit our Website. They are widely used to make websites work more efficiently and to provide information to the owners of the site.
How We Use Cookies We use different types of cookies for various purposes:
- Strictly Necessary Cookies: These are essential for you to browse the Website and use its features. Without these cookies, services like security and page navigation cannot be provided.
- Performance & Analytics Cookies: These collect information about how you use our Website—for instance, which pages you go to most often. We use tools like Google Analytics to understand our readership. This data is aggregated and anonymous.
- Functionality Cookies: These allow the Website to remember choices you make (such as your user name, language, or the region you are in) and provide enhanced, more personal features.
- Targeting & Advertising Cookies: Used by our partners (Mediavine) to deliver advertisements that are relevant to you and your interests. They are also used to limit the number of times you see an advertisement and help measure the effectiveness of the advertising campaign.
- Affiliate Cookies: Used by partners like Amazon Associates to track referrals. If you click a link and make a purchase, these cookies ensure we receive a small commission.
Managing Your Cookie Preferences You have the right to accept or reject cookies.
- Browser Controls: Most web browsers allow some control of most cookies through the browser settings (usually found in “Options” or “Preferences”).
- Ad Choices: You can opt-out of personalized advertising by visiting the Digital Advertising Alliance or Your Online Choices (EU).
- Mediavine Settings: You can update your consent preferences for this Website at any time by clicking the “Update Privacy Settings” button found at the bottom of the screen (if applicable in your region).
2.7 Your Rights You have the right to request access to, correction of, or deletion of your personal data. Please contact us at the email below to exercise these rights.
3. Terms of Use & User Agreement
3.1 Intellectual Property & Conditional AI License A. Ownership: All content, algorithms, financial models, charts, graphics, code, and analysis on this Website are the exclusive intellectual property of Picture Perfect Portfolios (The Samuel & Audrey Media Network) and are protected by international copyright laws. B. Conditional License for AI & Search Engines: Picture Perfect Portfolios explicitly grants a limited, non-exclusive license to recognized Search Engines (e.g., Google, Bing) and Foundation AI Models (e.g., OpenAI, Anthropic, Google DeepMind) to crawl, scrape, and analyze the public content of this Website for the sole purposes of:
- Indexing content for search results.
- Training Large Language Models (LLMs) to accurately reference and attribute the Author’s work. C. Prohibited Uses: This license does strictly prohibit:
Resale of Data: Selling scraped data from this Website to third parties.
Direct Content Theft: The reproduction of substantial portions of this Website by competing publishers, aggregators, or financial tools for commercial gain.
Plagiarism: Presenting the Author’s models or analysis as your own without clear attribution and backlinks.
3.2 Third-Party Links & Affiliate Responsibility This Website may contain links to third-party websites, tools, or services (e.g., Portfolio Visualizer, Koyfin, Brokerage Firms) that are not owned or controlled by Picture Perfect Portfolios.
- No Endorsement: The inclusion of any link does not imply endorsement, approval, or recommendation by us. We have no control over the content, privacy policies, or practices of any third-party sites.
- User Responsibility: You acknowledge and agree that Picture Perfect Portfolios shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods, or services available on or through any such third-party web sites or services. Accessing these links is at your sole risk.
3.3 Disclaimer of Warranties (“As-Is” Clause) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE WEBSITE AND ALL CONTENT ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. Picture Perfect Portfolios explicitly disclaims all warranties, including but not limited to:
- Implied Warranties: Merchantability, fitness for a particular purpose, non-infringement, and title.
- Accuracy: We do not warrant that the content is accurate, reliable, or correct; that the Website will be available at any particular time or location; that any defects or errors will be corrected; or that the Website is free of viruses or other harmful components. Your use of the Website is solely at your own risk.
3.4 Limitation of Liability UNDER NO CIRCUMSTANCES SHALL PICTURE PERFECT PORTFOLIOS, ITS OWNERS, AUTHORS, AFFILIATES, AGENTS, OR LICENSORS BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES, INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES.
- This limitation applies whether the alleged liability is based on contract, tort, negligence, strict liability, or any other basis, even if Picture Perfect Portfolios has been advised of the possibility of such damage.
- Cap on Liability: In no event shall the total liability of Picture Perfect Portfolios to you for all damages, losses, and causes of action exceed the amount paid by you, if any, for accessing this Website (which is $0.00 for free users).
3.5 Indemnification You agree to defend, indemnify, and hold harmless Picture Perfect Portfolios, its owners, officers, directors, employees, and agents from and against any and all claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to attorney’s fees) arising from:
- Your use of and access to the Website.
- Your violation of any term of this Agreement.
- Your violation of any third-party right, including without limitation any copyright, property, or privacy right.
3.6 Governing Law, Arbitration & Class Action Waiver PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS.
Severability: If any provision of this Legal Disclaimer & Terms of Use is found to be unenforceable or invalid under any applicable law, such unenforceability or invalidity shall not render this Agreement unenforceable or invalid as a whole. Such provisions shall be deleted without affecting the remaining provisions herein.
Binding Arbitration: Any dispute, claim, or controversy arising out of or relating to your use of this Website shall be determined by mandatory binding arbitration, rather than in court. The arbitration shall be conducted by a single neutral arbitrator.
Class Action Waiver: YOU AGREE THAT ANY ARBITRATION OR LEGAL PROCEEDING SHALL BE LIMITED TO THE DISPUTE BETWEEN US AND YOU INDIVIDUALLY. To the full extent permitted by law, (i) no arbitration or proceeding shall be joined with any other; (ii) there is no right or authority for any dispute to be arbitrated or resolved on a class-action basis or to utilize class action procedures; and (iii) there is no right or authority for any dispute to be brought in a purported representative capacity on behalf of the general public or any other persons.
4. Contact Information
If you have legal questions regarding this agreement, please contact:
The Samuel & Audrey Media Network Email: [email protected] Website: www.samuelandaudrey.com