Oct. 15, 2012
-- With all of the news stories about algorithmic trading programs on Wall Street these days investing may seem more and more complex to the average investor. But a new Washington D.C. area start-up company is helping to level the playing field by giving retail investors the ability to harness the power of financial algorithms for their own benefit. The website, Portfolio-IQ.com uses software as a service (SaaS) technology to send subscribers system alerts and even have their portfolio mirror the same trades that the PortfolioIQ portfolio makes. What's the advantage? PortfolioIQ employs a proprietary trading algorithm to help guide investment decisions with over 75% historical accuracy on the S&P 500.
"PortfolioIQ represents an advantageous and economical alternative to more traditional investment services giving the average investor the ability to better mitigate financial risks. Ultimately, our goal is to help our members build and maintain better portfolios and to avoid chaotic scenarios such as those that existed in the 2008 financial crisis," stated PortfolioIQ founder and CEO Matthew Lyden.
PortfolioIQ currently has two portfolios, one equity oriented and one income oriented, available to subscribers for $100 per quarter.
PortfolioIQ is a cloud-based investment system. For further information, please see portfolio-IQ.com.