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
June 20, 2015

Are we headed for another bear market? Joe and Al discuss the performance of our current market, which is the third largest bull market in history. Also on today’s agenda are capital gain rates, net unrealized appreciation and flat taxes. Moving on to medical care, Al points out that anyone who has Alzheimer’s can get a tax deduction going in to a long-term care facility, which covers everything from lodging to medical expenses and food.

3:22 “You have to take a look at your overall portfolio and understand the amount of risk you’re taking on because there’s recency bias; the markets have been performing quite well”

7:37 “You have to identify the risks that you’re taking on in bonds and stocks and if you understand those risks then you have certain expectations of what that portfolio should do, versus a guessing game”

15:39 “When interest rates go down, bond prices go up, and vice versa”

21:10 “There are two tax laws that can really benefit a lot of individuals here; one is the zero percent capital gains rate, and two is the net unrealized appreciation”

23:04 “Capital gains rates are a lot cheaper than ordinary income”

28:00 “Taxes don’t stop when your paychecks stop. In fact, tapping your retirement nest egg comes with all sorts of new rules and opportunities and this net unrealized appreciation is available to you”

31:21 “The long-term care services are fully tax-deductible as a medical deduction”

37:52 “Flat tax sounds attractive and simpler, but who really benefits? It’s the wealthy, because all of a sudden they’re paying lower taxes”