Terms of Use

Last updated: September 1, 2026
Effective: as of the publication date
Version: 2.0

These Terms of Use are the contract between you and Rico aos Poucos (ricoaospoucos.com.br), an independent financial education project maintained by an individual. They apply to the site, the Android app and the browser extension, and are governed by the Brazilian Civil Code — Código Civil, by the Brazilian Consumer Protection Code — Código de Defesa do Consumidor (Lei nº 8.078/1990), by the Brazilian Internet Civil Framework — Marco Civil da Internet (Lei nº 12.965/2014) and by Brazil's General Data Protection Law — LGPD (Lei nº 13.709/2018).

1. Acceptance of these Terms

By accessing or using any part of Rico aos Poucos, you declare that you have read, understood and agree with these Terms, with the Privacy Policy, with the Cookie Policy and with the Legal Disclaimer. The four documents form a single, indivisible whole.

By clicking "Sign in with Google" and creating your account, you are expressly expressing that acceptance, in the version in force on the date of login. There is no fee, no subscription and no password registration — the click is the acceptance.

If you disagree with any point, the solution is simple and legitimate: don't use the site.

2. Who may use it

To create an account and use the personalized features, you declare that you:

• Are 18 years of age or older or emancipated under civil law;
• Have full legal capacity to contract;
• Use a genuine Google account that belongs to you;
• Are not barred from using the service by a previous decision of ours or by law.

Most of the content is open and requires no account — what does require one is listed in item 2 of the Privacy Policy. We do not perform age verification — the declaration above is your responsibility, and an account identified as belonging to a minor is terminated.

3. What the service offers

All free of charge, to the extent it is available:

• Editorial and educational content about financial markets, macroeconomics, real estate investment funds, fixed income, stocks, foreign exchange and commodities;
• Analyses of funds and companies built from public documents (monthly reports, management reports, material facts, data from B3 and the CVM);
• Quotes, indicators, historical series and projections, delayed relative to the source;
• Calculators and simulators (retirement, financing, installment plans, construction cost, car cost, investments);
• User area: favorites, price alerts, personalized dashboard and a Portfolio to track your investments, property and debts;
• Interaction: comments, forum, per-page chat and polls;
• Notifications by bell, push, e-mail and app;
• Browser extension to bring your B3 statement into the Portfolio;
• Multimedia material (videos, audio, infographics) published here and on social networks.

4. What the service is not

This is the most important part of this contract. Rico aos Poucos is not:

• Securities consulting (Resolução CVM nº 19/2021);
• Securities analysis provided by a registered analyst (Resolução CVM nº 20/2021);
• Investment advisory, tied agent or distributor (Resolução CVM nº 178/2023);
• Administration or management of third-party portfolios (Resolução CVM nº 21/2021);
• A brokerage, bank, payment institution, custodian or accounting firm.

Nothing here is an offer, promise, guarantee of returns, or personalized indication to buy or sell, nor does it replace guidance from a licensed professional who knows your specific situation. You alone decide what to do with your money, and you fully assume the risk and the outcome of your decisions. The details are in the Legal Disclaimer.

5. User account

The account is created exclusively through Google login (OAuth 2.0). We do not create a password, do not ask for a password and have no access to your Google password. What we receive from Google is described in the Privacy Policy.

• The account is personal and non-transferable. You are answerable for everything done with it;
• Keeping your Google account secure (strong password, two-step verification, trusted devices) is your responsibility;
• Suspect unauthorized use? Let us know immediately at galera.org@gmail.com;
• You can close the account whenever you want — the procedure and what happens to each piece of data are in item 10 of the Privacy Policy.

6. Free service, with no warranty

The service is offered free of charge, "as is" (as is) and "as available" (as available). There is no service level agreement, no guarantee of continuity, and we do not promise that the site will always be up, error-free, up to date or complete.

This clause does not set aside the rights that the Consumer Protection Code guarantees you on a non-waivable basis.

7. Portfolio, calculators and simulators

• The Portfolio is a tracking tool. It does not execute orders, does not move money, does not hold assets in custody and does not connect to your bank account;
• The data you enter is yours and your responsibility. If the entry is wrong, the result will be wrong;
• Market values, quotes, reference prices (including the FIPE table) and currency conversions are estimates obtained from third parties, may be delayed or incorrect and do not serve as proof of net worth, nor for tax, accounting or judicial purposes;
• Returns, income, average price and tax calculations displayed are educational estimates. For income tax filing and tax obligations, use the official documents from your brokerage, from B3, and an accounting professional;
• The analyses and contribution suggestions generated inside the Portfolio, including those produced with the support of artificial intelligence, are an educational exercise over the data you yourself entered — they are not an investment recommendation and do not consider your full situation;
• Calculators and simulators use standard formulas and assumptions shown on the screen itself. They do not consider actual taxation, operating costs, future inflation, extraordinary events or your specific case. The result is illustrative.

8. Browser extension and B3 import

• The "Sincronizar B3" extension is optional, installed by you, and works only on two origins: the B3 Área do Investidor (B3's investor area) site and Rico aos Poucos;
• It reads, inside your own already authenticated B3 session, your trades, positions and income, and sends that result to your Portfolio. The credential of your B3 session is not sent to us;
• You are the owner of that information and you expressly authorize that reading when you install and pair the extension. Automatic synchronization is optional and can be turned off;
• Rico aos Poucos has no tie, sponsorship, agreement or authorization from B3. Use of the Área do Investidor is subject to B3's own terms, and it is up to you to comply with them;
• We may discontinue the extension at any time, including if B3 changes its site or its rules.

9. Rules of conduct

By using the site, you undertake not to:

• Publish illegal, offensive, discriminatory, defamatory, obscene or violent content, or content that violates third-party rights;
• Send spam, unauthorized promotion, pyramid schemes, "signal groups", course sales or misleading advertising;
• Recommend assets to other users while presenting yourself as a licensed professional, or promise returns to third parties;
• Disclose insider information, manipulate the market, start rumors about an asset or mislead third parties;
• Create fake accounts, impersonate another person or manipulate reputation, votes and polls;
• Scrape, mass copy, mine or systematically reproduce the site's content, data or analyses without written authorization;
• Use the site's content to train or fine-tune artificial intelligence models without prior and express authorization;
• Attempt to access restricted areas, someone else's account, the database, or to bypass security mechanisms;
• Overload the infrastructure with abusive automated requests;
• Use the service for any unlawful purpose or one contrary to good faith.

10. Content you publish

By publishing a comment, topic, reply, message, poll or link, you:

• Declare that you are the author or hold the rights necessary to publish it;
• Assume full civil and criminal liability for the content — we are merely the internet application provider where it was written;
• Grant Rico aos Poucos a free, non-exclusive, worldwide license for an indefinite term to display, store, reproduce, translate, adapt the format of and distribute that content in the context of the service itself and its promotion, always preserving your authorship;
• Retain ownership of what you wrote: the license above does not transfer ownership and ceases, for new displays, when you delete the content or the account.

Do not pay, do not transfer and do not entrust money to anyone because of something read in the comments, in the forum or in the chat. Another user's content is their opinion, not ours.

11. Moderation and removal of content

We act as an internet application provider. Under art. 19 of the Marco Civil, we are only civilly liable for third-party content if, after a specific court order, we fail to remove it — except in the situations where the law waives the court order (such as scenes of nudity or private sexual acts disclosed without consent, art. 21).

Regardless of that, we may moderate, hide, edit or remove content that violates these Terms, and suspend or terminate the account of repeat offenders. Moderation relies on automated tools, which may hide or rewrite a passage without prior notice, and an automated relevance assessment may keep a contribution out of the public listings. In either case you can request human review through the contact channel, and we reassess it.

Saw content that violates these Terms or your rights? Let us know at galera.org@gmail.com or through the "Contribua" button in the footer, stating the URL and the reason. We review it within a reasonable time.

12. Content produced with AI support

Part of the site's content — texts, analyses, translations, cover images, narrations and videos — is produced or reviewed with the support of artificial intelligence models, from public data, under our editorial criteria and automated checks. We state that openly.

AI models can be wrong, even while sounding confident. No text on the site replaces the primary source (the fund's report, a material fact, a financial statement, official data from B3, the CVM or the Central Bank of Brazil). Before deciding anything involving money, confirm at the source. Found an error? Tell us: we correct it and publish the erratum.

13. Intellectual property

All original content of Rico aos Poucos — texts, analyses, methodologies, layout, source code, logo, brand, illustrations, videos and audio — is protected by the Brazilian Copyright Law (Lei nº 9.610/1998) and by the Brazilian Industrial Property Law (Lei nº 9.279/1996), and belongs to the person responsible for the project or is licensed to them.

You may:

• Share links to the site's pages, on any network;
• Quote short excerpts with clear credit and a link to the original page;
• Print or save content for personal, non-commercial use.

You may not:

• Republish articles or analyses in full on another site, blog, social network, newsletter or channel;
• Commercialize any part of the content;
• Use the "Rico aos Poucos" brand, the logo or the visual identity without written authorization;
• Systematically extract the site's data, series and analyses, by any automated means;
• Use the content to train, fine-tune or evaluate artificial intelligence models.

If you hold a copyright and believe that something published here infringes it, write to galera.org@gmail.com identifying the work, the URL and your ownership. We investigate and, where appropriate, remove it.

14. Notifications and e-mails

When you create an account, you become able to receive service notices (replies to you, alerts you created, news about assets you follow) by bell, push, app and e-mail. You control all of it:

• Notification categories are turned on and off in the preferences panel inside the site;
• Every campaign e-mail (news, weekly digest, asset alerts) carries an unsubscribe link in the footer, with immediate effect. E-mails that reply directly to you — someone answered your comment, the team answered your report — follow the corresponding category in the notifications panel;
• There is a cap of 1 e-mail per day and 3 per week, across campaigns;
• Even with everything turned off, we may send essential communications about account security, changes to these Terms or incidents.

15. Availability and changes

At any time and without individual notice, we may:

• Modify, suspend or discontinue features, tools, pages or the entire service;
• Change layout, navigation, technologies and the way data is presented;
• Update, correct or remove editorial content and analyses;
• Shut down the project — in which case, with reasonable prior notice and time for you to export or copy what you entered in the Portfolio, whenever possible.

Interruptions due to maintenance, hosting failure, third-party failure, attack or force majeure do not give rise to any right to compensation, given the free nature of the service.

16. Limitation of liability

To the maximum extent permitted by law, Rico aos Poucos is not liable for:

• Investment decisions you make based on the site's content, and for any loss, damage, lost profits or lost opportunity arising from them;
• Errors, delays, omissions or discrepancies in quotes, indicators, documents and data supplied by third parties (B3, CVM, FNET, quote providers, the FIPE table, asset managers);
• Errors in analyses, projections and estimates — which are exercises of opinion about future scenarios, inherently uncertain;
• Content published by other users;
• Content, product or service of third-party sites reached through links from here;
• Unavailability, technical failure, data loss, cyberattack, act of God or force majeure;
• Use of your account by anyone you allowed to access it.

No clause of these Terms sets aside liability for willful misconduct or gross negligence, nor the non-waivable consumer rights provided in rules of public order.

17. Indemnification

You agree to hold Rico aos Poucos and the person responsible for the project harmless from claims, losses, damages and expenses (including attorney's fees) arising from: content you published, violation of these Terms, violation of third-party rights by an act of yours, or use of the service for an unlawful purpose.

18. Suspension and termination

• By you: at any time, at no cost and without justification, by requesting deletion of the account (item 10 of the Privacy Policy);
• By us: in case of violation of these Terms, risk to the security of the service or of other users, or legal determination. When the situation allows, we warn beforehand and give an opportunity to correct;
• Once the account is closed, the licenses granted here cease, except for what must survive by law (access logs, defense in proceedings) and public content already disconnected from your identity.

19. Privacy

The processing of your data is governed by the Privacy Policy and by the Cookie Policy, which are part of these Terms for all purposes.

20. Changes to these Terms

We may change these Terms to keep up with changes in the service or in the law. The date and version at the top indicate what is in force, and relevant changes are announced prominently on the site. Continued use after that counts as acceptance of the new version. Don't agree? Close the account — at no cost, with no red tape.

21. General provisions, governing law and venue

• Severability: if any clause is deemed invalid, the remaining ones continue in force;
• Forbearance is not waiver: failing to enforce a right once does not mean giving it up;
• No association: these Terms do not create a partnership, agency, employment relationship or fiduciary relationship between you and Rico aos Poucos;
• Language: the Portuguese version is the official one; translations are a courtesy and, in case of divergence, the Portuguese text prevails;
• Governing law: Brazilian law;
• Venue: the courts of the district of the domicile of the person responsible for the project are elected to settle disputes, without prejudice to the consumer's right to sue in the courts of their own domicile;
• Amicable settlement: before any legal action, reach out to galera.org@gmail.com. Almost everything gets resolved by e-mail — and faster.