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
September 24, 2016

Hosts discuss the importance of diversifying your 401(k) properly and share whether you should invest in real estate or index funds. Later in the hour the discussion flips to how you can determine stock loss with a non-public company and 8 financial tasks you must do by year-end.

0:53 “Why do I need to diversify my 401(k)?”

3:57 “Bonds are there to even out the ride, to even out the overall portfolio.”

5:57 “When you take a long-term average of asset classes, more often than not emerging markets is either the top performing asset class.”

11:05 “Should I invest in real estate or index funds?”

15:35 “If you are so inclined to do real estate, treat it as if it were a business, a company or another job because there’s a lot to it. There are a lot of things that can go wrong.”

21:32 “How do you determine stock loss in a non-public company?”

26:42 “When you have rental real estate and you sell that at a loss, that’s considered business with a tenant and you can generally take an ordinary loss.”

27:23 “What is the best way to transfer or refinance through a quit claim?”

32:45 “If you would like to go through a comprehensive retirement planning course, go to our website at purefinancial.com to learn about the course.

35:27 “Rebalance your portfolio, and that could potentially create tax loss harvesting.”