Joe Anderson
ABOUT Joseph

As CEO and President, Joe Anderson has created a unique, ambitious business model utilizing advanced service, training, sales, and marketing strategies to grow Pure Financial Advisors into the trustworthy, client-focused company it is today. Pure Financial, a Registered Investment Advisor (RIA), was ranked 15 out of 100 top ETF Power Users by RIA channel (2023), was [...]

Alan Clopine

Alan Clopine is the Executive Chairman of Pure Financial Advisors, LLC (Pure). He has been an executive leader of the Company for over a decade, including CFO, CEO, and Chairman. Alan joined the firm in 2008, about one year after it was established. In his tenure at Pure, the firm has grown from approximately $50 [...]

Published On
August 13, 2016

Presidents can bully the Federal Reserve, but they can’t set central bank policy. Joe and Al explain how the Fed impacts overall markets and discuss a recent article covering 3 reasons why you should ignore Hilary and Trump’s economic promises.

3:06 “The president doesn’t control the Federal Reserve system. The way the Fed was set up was quasi-independent and answers to Congress on monetary policy.”

7:56 “Stocks are priced based upon future predictions of what we all think the future’s going to be.”

12:41 “The moment you turn 50, you can put more into your retirement plans, and then that can give you a better tax benefit via deduction because you can shelter more money via tax or have more money grow tax-free depending on what planning you’re doing.”

15:36 “Any time you pull money out of a 401(k) or IRA, you have to pay income taxes – federal and state.”

19:32 “You actually have more control over how much you pay in taxes in retirement, more so than any other time in your life.”

22:43 “There are always crises, whatever they might be, but we get through them.”

25:38 “If there’s a lot of inflation and everything has gone up in price, gold will probably go up in price too.”

29:58 “We are a fee-only Registered Investment Advisor; there are no commissions generated to our firm, we act as a fiduciary 100% of the time.”

32:55 “If you don’t sign up for Medicare in a timely manner, then when you do sign up you have to pay more for Medicare for the rest of your life.”

37:03 “The more income that you make, the higher the premium you will have to pay.”