lie number four told by stock charts, which is they almost always show a very short time frame.

Sometimes just the day, you know, just what the has the market done today or sometimes it's

year to date or sometimes it's a month. But very rarely do you see in the news a stock chart that

shows a 40-year time period. Welcome to the Stay Wealthy podcast with Taylor Schulte.

As you may have noticed, this is not Taylor Schulte.

My name is Jeremy Schneider filling in for Taylor for the month of July.

This is my third of five episodes I'll be doing in July.

Taylor will be back in August.

You can find notes for the show.

Any resources I mentioned at you staywealthy.com

slash 77. So this week, I want to talk about stock market returns versus your returns

and some lies told by stock charts. So you've all seen those stock charts. If you go to Yahoo or CNBC, they

might be on the screen or at the bottom and they're these really jagged up and down charts.

And so those stock charts tell some lies, which I want to go over. I think it's helpful to tell a story

and to look back in time. And so I want to tell a story about the lost decade from the year

2000 to the year 2010 is it's often referred to as a

lost decade because the stock market basically didn't return positive value during that time.

We analyze it. So I'm going to go through some numbers here. I know you can't see them.

So I'm going to do my best to illustrate them with my voice. So the share price of the S&P 500 on January 1st,

2000 was $1,426. And on December 31st, 2010 was $1,110. So it was down 22%. The share price was down.

And by the way, the S&P 500 is a list of the 500 biggest companies in the

US, more or less. And the share price is just kind of some combination of their weighted market

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