ABOUT HOSTS

Joe Anderson
ABOUT Joseph

As President of Pure Financial Advisors, Joe Anderson has led the company to achieve over $2 billion in assets under management and has grown their client base to over 2,160 in just ten years of the firm opening. When Joe began working with Pure Financial in 2008, they had almost no clients, negative revenue and no [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the CEO & CFO of Pure Financial Advisors. He currently leads Pure Financial Advisors along with Michael Fenison and Joe Anderson. Alan joined the firm about one year after it was established. At that time the company had less than 100 clients and approximately $50 million of assets under management. As of [...]

Published On
July 23, 2016

If you try and beat the odds, how often do you come out on top? Most active-fund managers fail to beat the market. Joe and Al share a more reliable way to invest for your future.

4:12 “As the market declines, we are buying the same great companies at a discount, so now is the time to invest.”

6:24 “You want to make sure you’re diversified.”

7:03 “Small companies and value companies tend to outperform large and growth companies over the long-term. But we haven’t seen that the last few years. Does that mean we abandon that strategy? No, it still works if you give it enough time – that’s where patience is really important.”

11:01 “We have all-time lows for the 10-year treasury…”

12:29 “If you’re a U.S. investor and getting 60% of your portfolio going to return 6% and 40% going to return 1%, you’re talking about a 4% return which is half of the nominal return that the typical 60/40 portfolio has earned over the last 90 years. That’s a real problem for many investors who make the mistake of relying on historical returns; they’re likely to end up alive with no money.”

13:20 “Clearly there are problems in the global economy. The credit markets are telling us a different story than the stock markets. They think that economic growth is very weak and likely to continue to be very weak. The stock market, on the other hand – at least in the U.S. where stock valuations are high – one assumes then that the market thinks growth will be somewhat reasonable.”

17:27 “Bonds are not for return. They are to dampen the risk of the overall portfolio to an acceptable level…”

20:00 “Whatever your political views are, I think it’s important that you hear this message. What the academic research shows is the following: when the party you favor is in power, you earn higher returns than the people in the opposing party.”

22:25 “It’s important to not let your political biases or your political views influence your [investing] decisions.”

29:47 “REITs (Real Estate Investment Trust), to me are the riskiest investments – or at least among them right now – as you can get a higher expected return by investing in a 10-year CD with a hell of a lot less risk.”

32:50 “Get realistic on your budget; take a look at your bank statement… try to figure out where that money is going, what kind of retirement lifestyle you want and then start figuring out a savings plan and start early.”