JW’s Financial Coaching Podcast-S&P 500 History with guest Steve Stewart

Listen to this Episode

Highlights of today’s show:

  • Guest Steve Stewart joins us to discuss the S&P 500 History
  • The stock market has an excellent track record of long term success
  • How do you develop that long term mindset?
  • The Facebook IPO has not yet set the world on fire
  • Chris Guillebeau’s $100 Startup book tour recap

Steve Stewart from Moneyplansos.com joins me on the show to discuss investing over the long run. Before you listen to the episode, please download the spreadsheet Steve created showing the 1, 3, 5, 10, and 20 year average returns of the S&P 500. While this is not a predictor of what the stock market will do in the future, Steve and I discuss why we are able to invest and not panic whenever the stock market drops 5% in one week and why we have a long term mindset when investing.

We also discuss a little bit about the Facebook IPO and the potential dangers of owning single stocks. Facebook stock will probably end up being a good investment in the long haul, but those trying to cash in after one week were sorely disappointed.

In addition Steve put together a wonderful video on his site showing the power of compound interest.

Finally, I recap Chris Guillebeau’s $100 Startup* book tour stop he made recently in Columbus, Ohio. I have not yet had the chance to start the book, but I am really excited to read it after listening to him share why he wrote it. Chris wrote the book after interviewing hundreds of successful entrepreneurs. It got me thinking about who I am learning about success from. Am I learning about success from people who are successful in areas I am trying to be successful in? Or am I learning about success from people who are not really successful and just have an opinion?

* Affiliate Link

You can now find the podcast on Stitcher SmartRadio! Stitcher allows you to listen to your favorite shows directly from your iPhone, Android Phone, Kindle Fire and beyond. So if you have a smart phone and want to stream the podcast from your phone, please download the app from their website.

You can subscribe to future Podcasts either through Feedburner or iTunes. Or you may listen to the podcast on the JW’s Financial Coaching Facebook Fan page. In addition, if you have enjoyed the show for a while now, please leave a review of the podcast on iTunes. For a step by step video of how that works please watch this video on how to leave a review in iTunes. Big thanks to my friend Glen Steinson for helping me create the video.

If you have any comments, questions, or ideas for future shows you can send them to me and I will integrate them into a future show. There are two ways to get in touch with me:

1.) Email me at JWFinancialcoaching@gmail.com – Please put “podcast” in the subject line and keep your questions brief so they are readable on air.

2.) Simply fill out the form at the bottom of this page. Please fill out your name, email, where you are from, the subject line, and your question/comment/suggestion and we will read it on air.

You can find prior editions of the podcast at the podcast archive page

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About Jon White

Giving people hope and seeing them win with their finances is something I have a strong passion for. Because of this passion I started JW’s Financial Coaching in the summer of 2010. Financial coaching has allowed me to combine my passions of finances, teaching, and helping others by helping people get on the right track financially. I'm interested in hearing your story so please do not hesitate to interact with me through social media.
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