Everything John Gagliardi said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Gagliardi: 2022-2023 Fed rate hikes were most aggressive since 1982
“You'd have to go back to 1982 to find a Fed moving this hard, this fast, hard line, no exception, and just hawkish all the way.”
Gagliardi: Investors hire advisors primarily for emotional discipline in volatility
“The reason why it's so hard as an investor to control your emotions with your own money, that's why people hire money managers, that's why people hire financial advisors, because they need a third party who's indifferent, they're looking at the facts, they're …”
Gagliardi: Only three and a half years in last 50 were severe market losses
“If you looked at the last 50 years, and you really took a look at how markets trade over the last 50 years, there's really three and a half years to worry about. 2001, 2002, 2008 through the first quarter, 2009. And if you avoided those three years, you could …”
Gagliardi: The Bond Market Has Nine Million CUSIPs Versus 10,000 Stock Issues
“So the stock market has like 10,000 issues. The bond market has nine million individual CUSIPs.”
Gagliardi: Bottom 100 S&P 500 Names Make Up Only 3-4% of Index
“The bottom hundred is about three or four percent, so if a name from the bottom hundred goes bankrupt, as we did see with Silicon Valley Bank or First Republic Bank, they were one 100th of a percent of the portfolio.”
Gagliardi: I Used Zero-Coupon Municipal Bonds in Taxable Accounts for Kids' College
“But what I did for my kids, I actually did zero coupon muni bonds in my taxable account.”
Gagliardi: Inherited assets receive step-up basis, eliminating capital gains if sold immediately
“If you die, your descendants, or whoever you're donating your money to, they'll inherit your assets... It's tax-free because they can get the cost basis on the day of your death. So essentially, if they sell on that same day, it's a tax-free capital gain, and …”
Gagliardi: S&P 500 Constituents Are Selected by a Committee
“It is actually picked by committee. Most investors never know this. There's a committee that meets that decides the name, so there's a human factor.”
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