The Last Time This Happened, Nothing Made Money for 17 Years

The Last Time This Happened, Nothing Made Money for 17 Years

From Making Money by Damien Jordan & Timeyin Akerele from Most

March 16, 2026 · 1h 1m

About this episode

The episode discusses the historical context of the S&P 500's performance and features insights from Jim Reid on long-term investing.

The S&P 500 once delivered 17 years of zero real returns. Could it happen again? Jim Reid is the Global Head of Macro Research at Deutsche Bank. In a recent report, The Ultimate Guide to Long-Term Investing, his team analysed data from 56 countries over 200 years. You can read the full report on the Deutsche Bank Research Institute website: https://www.dbresearch.com/PROD/RI-PROD/PDFVIEWER.calias?pdfViewerPdfUrl=PROD0000000000607211&rwnode=REPORT *All figures were correct at time of recording but may have changed. 💬 Do you have a money story you'd like to share on the podcast? https://makingmoney.email/listener-story-form 🤝 Want 1:1 financial help from us? Answer a few questions to find the right service & book free call: ⁠⁠⁠https://getmost.typeform.com/pod-episodes⁠⁠⁠ ❓Survey - how are you saving for your future? ⁠⁠⁠https://makingmoney.email/survey⁠⁠⁠ 🎉 Sponsors Vanta - Get your company secure and compliant: ⁠⁠⁠⁠https://vanta.com/makingmoney⁠⁠⁠ Xero accountancy software - get 90% off for 6 months: ⁠⁠⁠https://referrals.xero.com/makingmoney ⁠ – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional…

People in this episode

Hosts: Damien Jordan, Timeyin Akerele

Guest: Jim Reid

Topics covered

  • S&P 500
  • long-term investing
  • real returns
  • financial analysis
  • macro research

Keywords

  • S&P 500
  • real returns
  • long-term investing
  • financial advice
  • macro research

Sponsors

Vanta, Xero

Mentioned in this episode

Organizations: Deutsche Bank

Books & works: The Ultimate Guide to Long-Term Investing

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