Big Changes This Year | Why I Took My Money Out of the Stock Market

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Shawn James

Shawn James

Күн бұрын

Пікірлер: 1 300
@yourthebest7942
@yourthebest7942 5 жыл бұрын
Retirement at 44. That’s as good as a winning lottery ticket in my opinion. Shawn you have OUTSTANDING work ethic & take great pride in what you do.
@Lainer1
@Lainer1 4 жыл бұрын
He beat me by one year. :)
@brendamalone5479
@brendamalone5479 6 жыл бұрын
I really like that you are separating the two channels and the reasons for doing it. So now, while I'll be viewing both channels, I can choose the one I'm in the mood for. Meditative one and now informative one...I love choices! Thank you for sharing yourself with us.
@dssh1970
@dssh1970 5 жыл бұрын
My family thinks I lost my mind becuase I'll watch your 2 hr+ video where you dont say anything. I tell them if a still picture speaks a thousand words, then a silent video can speak volumes.
@brianwalker1933
@brianwalker1933 5 жыл бұрын
Love it...well said.👍👍
@tommygunn1901
@tommygunn1901 5 жыл бұрын
My GF thought the same thing 😂
@harrisonmantooth3647
@harrisonmantooth3647 5 жыл бұрын
@@brianwalker1933 👍👍👍😁. I agree 110% with you. I wish I were able to do half as much as Shawn. He's an artist in what he accomplishes. I've a bit of envy within my old bones 🙄🤗🙂. Stan
@teenapearce1699
@teenapearce1699 5 жыл бұрын
absoletly agree with you , the video alone speaks to you. GOD it was beautiful
@cezexploresvlogs
@cezexploresvlogs 5 жыл бұрын
same as me here, they are laughing at me ..But I learned something in that aforesaid video.
@darcymiller1443
@darcymiller1443 5 жыл бұрын
Shawn, my husband and and I truly enjoy watching you build your retirement homestead. Fingers crossed all will go well in the next phase...Thank you so much for building this life that we can all share with you...Give Cali a big hug from us too!! Looking forward to more of your events!!
@maraudermitchelli
@maraudermitchelli 6 жыл бұрын
Shawn I've read many of your viewer's comments, your viewers on both channels are interested in you and Cali. You may be the most liked person on KZbin, if you're not it's because you're number 2 to Cali. We can go to many other channels to watch Canadians tinker around in the woods. We like to watch you tinker in the woods and Cali distract as you try to complete a project. It's always nice to hear your comments even when i disagree. Personally my favorite moments are when you laugh at yourself, Cali or anything. We all what to watch and hear you win!!!
@ShawnJames1
@ShawnJames1 6 жыл бұрын
Thank you so much.
@denniswhite166
@denniswhite166 6 жыл бұрын
What a nice comment MM. You sort of said everything I wanted to say. I too love both channels and of course I love Cali. I wish we were in a different time where Shawn's wife and daughters could be 100% safe and be willing to join in the videos. I envision it would be like "Little House on the Prairie" Canadian forest style. Having raised two (grown) daughters I know the laughter and wonderfulness daughters bring to your life.
@Sonnenschein-nv6xy
@Sonnenschein-nv6xy 5 жыл бұрын
These are my thoughts too! As a child I loved the books from Laura Ingalls Wilder! I read all of the books of "Unsere kleine Farm"! (Little House on the Prairie)
@maraudermitchelli
@maraudermitchelli 5 жыл бұрын
Sonnenschein 2018 we loved little house on the prairie, great show I should read the books. Shawn is the best thing on Canadian and American tv.
@Sonnenschein-nv6xy
@Sonnenschein-nv6xy 5 жыл бұрын
@@maraudermitchelli that is right, Shawn is the best!
@jennyrawlings8204
@jennyrawlings8204 3 жыл бұрын
I wouldn’t say retired would you! You are very active supporting the lifestyle which involves a lot of action and work!!
@rEcOiL1971
@rEcOiL1971 6 жыл бұрын
There is so much going on with your channels that I don't know where to begin, I like the way you study and read about things that interest you and the way you build everything without power tools, you are obviously patient. I like how when you have a meal with your wife you set the camera a certain way so she can enjoy her privacy but I like hearing about your family like in today's video. I showed my 6 yr old some stuff you were making with old fashioned tools and he was like, "that guy is amazing". I really like how you finally got a snowmobile but we don't see it in every video because that's not what you are about. I really hope everything works out for you and your family so you can all live the way you want and not how society says you should.
@ShawnJames1
@ShawnJames1 6 жыл бұрын
Thank you :)
@thyslop1737
@thyslop1737 6 жыл бұрын
@@ShawnJames1 Dude proper respect. You got off the rat wheel/ferris wheel and the rubber stamped life that is laid out for us like sheep led to the slaughter here in the U.S. and Canada. I call it the three "C" life. Consume. Crap. Change the channel.
@zanbi4400
@zanbi4400 5 жыл бұрын
Am a stage 4 cancer patient in UK today is first time on this channel but I've been watching your my self reliance I wish I could come and enjoy your beautiful lifestyle Really admire what you are able to do May God protect you and your family
@maisbruh
@maisbruh 4 жыл бұрын
Watching this during the pandemic of 2020, you were right to get out when you did. Yes, the stock market got a bit better after you posted this, but it's always a gamble, and you did the right thing for your family. And now look at you, miles ahead of the rest of us. While people are struggling to feed themselves and pay their bills, you've been ahead of this all along. People will always think it's crazy when you start preparing BEFORE things go wrong. But they will always wish they were on the other side of it once things go down. Keep doing your thing. You are inspiring us during all this free time and we are going to start a homestead on our family land. Thanks for showing us it's never too late to start fresh, and you CAN do things you really set your mind to. All the best!
@danieltsai7553
@danieltsai7553 4 жыл бұрын
Actually, stock markets has been over valued for long time, and waiting for a large correction. It will happen eventually, but the pandemic kind of speed it up ALOT. Which means that the surge in current stock market prices doesn't make much sense since it is suppose to follow the economies of the entire world or nations (that means we just kick the rock down the road). If you get ahead in the market, always reel your net in when you make some good gains. Being a good investor also means that you are actively managing your fund and retirement income, so you can make money off your investment in self sustainable way like what Shawn does at his cabin.
@barbaralittle7873
@barbaralittle7873 6 жыл бұрын
Excited for you and your family, hope everything works out the way you expect it to. Just believe in yourself and the choices you've made.
@deborrastrom8559
@deborrastrom8559 5 жыл бұрын
Shawn you were born & purposed to DO this very thing that will help others. I am very excited this will be a life changer for everyone...besides you.
@richardlumpkin4607
@richardlumpkin4607 6 жыл бұрын
Great news! What a wonderful expansion for you and your family. Very excited for you all!
@Jack2of3
@Jack2of3 6 жыл бұрын
I converted my 401k about 8 years ago to a self managed account and bought a ranch in Texas as my retirement. Not as simple as it sounds but completely doable.
@ginalapan3524
@ginalapan3524 5 жыл бұрын
Our family is doing the same thing! Living off grid and growing our own food. We are still setting up our infrastructure also. The best part; some of our grown kids are building cabins on this Homestead. Simplicity of living and Yahweh is our passions.
@rachaelwyatt754
@rachaelwyatt754 6 жыл бұрын
Shawn, just remember that we wish you well here in the UK and also that I get to live your life style through watching you and your family. Good luck whatever you do. Your friend Rach
@marieblizzard3172
@marieblizzard3172 5 жыл бұрын
I love this lifestyle. I grew up through my childhood with no electricity, no radio or tv. And loved it. I absolutely love your videos.
@rickyreinle1226
@rickyreinle1226 6 жыл бұрын
Shawn Congratulations on the changes taking place in your life. You can see the joy in your face and you hear it in your voice when you talk about the changes. Love the videos on your channels. I look forward to Friday and Monday. Looking forward to meeting Callie's playmate and the new member of the family. Go for it!!!!!!! Thanks for sharing your adventures.
@Lainer1
@Lainer1 4 жыл бұрын
You are spot on about using the other channel just for decompressing from regular life to watch the nature in all of its glory. I hope KZbin and your ad links are paying you well enough. You absolutely deserve it. I'm trying to tell everyone about your channels because honestly, it's the best content in a very long time.
@Lauterbach24
@Lauterbach24 5 жыл бұрын
When the market goes down and you lose money the loss is on paper - until you sell the stocks that have dropped in value. Then you are taking the loss in the wallet and the money is actually lost. The market will correct and come back.
@AmandaKates57
@AmandaKates57 6 жыл бұрын
I love the fact you have the two channels, when I’ve spoken of your self reliance channel to friends and family, the point I make for the reason I enjoy it so much is the fact you DON’T talk too much. I just enjoy the simplicity of watching you work and seeing the amazing wildlife in its natural habitat, which is so different to my country, without you “entertaining” me. Thankyou 😻
@MarissaBGC
@MarissaBGC 6 жыл бұрын
Yes, a very exciting year ahead for you and your family and Cali. Thanks for bringing us along!
@motoprentice
@motoprentice 5 жыл бұрын
Its wonderful having talking and non talking channels. They both have their place. Thank you.
@ireneburke1732
@ireneburke1732 6 жыл бұрын
Yay, Mrs. Shawn is moving out to the new homestead. Love it. Can't wait.
@roedwards0203
@roedwards0203 6 жыл бұрын
I do not like watching people talk, Shawn, but i do not like to ignore. I personally don't know everything, I am only 27, but older wiser people are definitely not worth ignoring. So, with that in mind definitely can not wait to hear your wisdom.
@marvinjones8692
@marvinjones8692 5 жыл бұрын
Sean, your words of wisdom is why I like to watch' the only thing I'd like is your description of cutting and fitting the notches in the logs"
@mrs7978
@mrs7978 5 жыл бұрын
Mr. James, I speak for myself you bring me great pleasure watching your videos, and I believe others feel the same way. We can not all live in a cabin but watching you makes A FANTASY NEARLY TRUE. AND HONESTY IS THE BEST POLICY. SO THANK YOU FOR BEING HONEST KEEP GOING NEVER STOP. GOD BLESS.
@Jason_xofilos
@Jason_xofilos 6 жыл бұрын
I like your split on your two channels. I think you are correct. I enjoy your ‘My Self Reliance’ channel for the tranquil nature of you videos. Watching you work or your wildlife adventures. Look forward to your 2019 videos. 👍😎
@stevenhaff3332
@stevenhaff3332 5 жыл бұрын
Thank you Mr. James for posting such interesting and beautiful videos. I think you assuage a deep hunger most of us, who live in urban areas, have for natural vistas and settings. God bless us all.
@nickhdeep6leatherworks338
@nickhdeep6leatherworks338 6 жыл бұрын
The really dig the fact you have two channels. It may be more work but it’s much appreciated.
@dannyelam1631
@dannyelam1631 5 жыл бұрын
It's great to watch a video with no ads as well as quality content.
@janecorcoran663
@janecorcoran663 6 жыл бұрын
I watch both, not for the knowledge although I love that too, it's to watch and listen to how you interact with your environment. I am fascinated too with how you film your wife so her wish for privacy is respected. And yet you are so open about yourself. Your talent with videos is cream on the cake.
@Backflipspagetti
@Backflipspagetti 6 жыл бұрын
Clearly some put great emphasis on the family home. But, nothing in this world last forever and change is an obvious constant. My opinion is you're family made the right decision. The story isn't over, its just another chapter to be live characters in. Thank you for the inspiration.
@walterortona3162
@walterortona3162 6 жыл бұрын
The stock market: a combination of corruption and incompetence! Well: that pretty much says it all!!! Thanks Shawn
@liberyone5185
@liberyone5185 6 жыл бұрын
Stock mkt is like a roller coast ride, you PAY either at the beginning of the ride OR at the end BUT you eventually PAY!
@sulebo2153
@sulebo2153 6 жыл бұрын
The stock market is a fantasy game played by the millionaires.
@curtisjordan9210
@curtisjordan9210 6 жыл бұрын
You can make money trading, you just have to sit there and manage it all day. Most people dont have the time to do that.
@bjpeterson3981
@bjpeterson3981 6 жыл бұрын
Since 1928 the S&P 500 index has returned a 10% annual increase on average. I would consider that making a fortune
@walterortona3162
@walterortona3162 6 жыл бұрын
That is not really the point, is it? What Shawn has said in the video and what I stated in my comment doesn't really have anything to do with "how much do you make in the stock market"
@chrisanderson9856
@chrisanderson9856 6 жыл бұрын
Shawn I am very happy for you. You have gotten me back into the outdoors after a medical diagnosis that basically can and does leave me unable to use my legs and arms. I know push thru the pain and am still working on getting farther. Your channel has given more than you can imagine. I once lived in Ely, MN and spent all my days outdoors hunting, fishing , hiking and I'm sure you get the picture. I have had to reinvent myself and am finally starting my business this year after about 7 yrs of doing it as a hobby. I build custom fishing rods and custom jigs. Your perseverance is amazing to watch no matter the weather or circumstances. Thank you for giving me a goal to shoot for and letting all of us tag along on your journey!! God Bless!!!!!!
@DisabledUKPrepper
@DisabledUKPrepper 6 жыл бұрын
My late Father always said that about the stock market verses property ownership. Good luck for the future.
@mornayvanrooyen6252
@mornayvanrooyen6252 6 жыл бұрын
Hi Shawn. We as our KZbin followers believe in you and your sound decision making. Our hope is always that you will prosper in all your ventures. Good luck will all the coming changes for this year. I personally will do my best to help you through both your channels. Gods speed and Blessings my friend.
@yiannosashiotis3956
@yiannosashiotis3956 5 жыл бұрын
I assume the 200 dislikes are from stock brokers?
@timobreumelhof88
@timobreumelhof88 5 жыл бұрын
lol
@barbibutton9619
@barbibutton9619 5 жыл бұрын
Ha
@patriciabarnes6664
@patriciabarnes6664 5 жыл бұрын
Or from jealousy! This world is full of green eyed monsters!
@cinderellsworth
@cinderellsworth 5 жыл бұрын
@@patriciabarnes6664 OR they could all be jealous stock brokers 🤑❗
@patriciabarnes6664
@patriciabarnes6664 5 жыл бұрын
@@cinderellsworth So very true. It makes me mad, when people set out to disparage others, who are doing absolutely nothing that cause harm to anyone. They are so jealous of others and incensed with their own inability, that they take it out on those that are doing the things they wished they had the balls to do! I call them cockroaches!
@irenebrown645
@irenebrown645 4 жыл бұрын
I do not follow all of your financial situation, but am excited for your continued success. I warned my kids about stock market in the early days. I totally agree about the right life partner. You are fortunate to have found and have maintained one. Congratulations on your changes
@johnbleau9379
@johnbleau9379 4 жыл бұрын
Hey Shawn, you were about a year ahead of schedule on pulling out of the stock market but its hard to time the peak. I actually watched this a few weeks ago and decided to do the same, because I agree it's over inflated, and with an election year in the States and Corona virus happening, it pretty much made sense to me. Thanks for saving me from heavy losses! I look at all the negative comments from a few months ago and laugh. Now its a matter of timing the bottom to get back in. Your also in a very good position to be less effected by this new global pandemic.
@DeeBeeZeePee
@DeeBeeZeePee 4 жыл бұрын
Sounds like you’ve timed your exit from the markets perfectly
@bjpeterson3981
@bjpeterson3981 4 жыл бұрын
Did you time the bottom and get back into the market ? I see the S&P 500 is now up about 44% from 8 months ago ( when your comment is posted).
@sirfishslayer5100
@sirfishslayer5100 5 жыл бұрын
Shawn, not to tell you that you are wrong, but us true Shawn-nuvians will watch whatever you post because it is good for us. It doesn't matter the channel you put it on. Just glad to hear you will have more content for us to digest and make our lives richer. Thanks!
@michaelicuhustle
@michaelicuhustle 6 жыл бұрын
Shawn you just made my year. I'm subscribed to exactly two channels on KZbin and they're both yours. I consider you a cross between Charles Osgood and John Muir. A great genuine humble speaker with a wild and yet compassionate heart. I genuinely love you cuz I get you and I respect the s*#t outta everything you stand for and dangit life's too short for a man not to be able to tell another man he's never met how he feels! Hahaha!!! I can't wait for more videos sir. I'll keep watching. Big hugs and high 5's from the Appalachian Trail hiking mountain man!! -mike P.s. just wanna add that you're living out my dream so here's what a fella do. I'm moving outta my house tomorrow into a tiny apartment and giving most of my stuff to Goodwill. Then I'm spending the rest of the winter fixing up my house so in spring I can sell it. Once I do I'm gonna buy me some land, some tools, and get to work on my dream. You helped light this fire. That's why I love you brother. I'm 44 and I'm not getting any younger.
@LarryTaint-qn8pd
@LarryTaint-qn8pd 6 жыл бұрын
I told my brother about your channels and now he's hooked too. We're both fans of you and of course Cali.
@joanneforrest1830
@joanneforrest1830 6 жыл бұрын
You are driven to succeed, and you will/have. What an enormous change for you and your family but as you said this had been your dream for many years. I love everything about this Chanel and wish you and your family the very best. ❄️🍁🌲
@richardmahoney8609
@richardmahoney8609 6 жыл бұрын
Hey Shawn, i have followed your channel for quite some time and enjoyed it immensely. I just viewed your latest video and saw how honest you are with people. Please protect your privacy. You are an inspiration to many, thank you for your efforts
@1minigrem
@1minigrem 6 жыл бұрын
You always speak plain good sense and that’s so rare today. Extra content from you is good news.
@ArchimedeanEye
@ArchimedeanEye 5 жыл бұрын
It's great that you have this channel for talking and your other channel for the joy and the craft of your lifestyle!
@armandopanganiban6499
@armandopanganiban6499 Жыл бұрын
I just discovered your channel middle of last year 2022, and since then, I seldom watch TV program but just to keep abreast to what is the news otherwise my day is not complete without tuning in to your videos. I grew up in the farm in the Philippine so my life is wrapped around natures and animals that we used for farming. We don’t have the luxury of modern machinery so we really depend of homemade tools to till our land. I can relate to your life style and self reliance because that what I learned from my folks. I migrated to US as a Registered Nurse but it took a lot of patience snd hardship for my whole family to give me that education. Farming and being in nature flows through my blood and that will always be. Thank you so much Shawn for sharing your life story with us. May God keep you safe everyday and give you the strength and good health as you live a life style that is nearest to heaven. Goodspeed
@me3deager315
@me3deager315 6 жыл бұрын
I agree that unless you're investing in blue chip or at least broadly and for a long time, stocks are gambling. Fun to hear your thoughts. Have fun and I'll have fun watching your projects.
@eca2641
@eca2641 6 жыл бұрын
Thank you for sharing your joy! Always wonderful to see you happy and wonderful hearing how much your family works together on your journeys both as a unit and individually, how all of it is celebrated and supported. These are my goals for my little family and it helps immensely to keep that energy going with what I choose to engage in, entertain myself with and be a part of. Thank you for your content as always.
@koolkeith8908
@koolkeith8908 6 жыл бұрын
The stock market is for the long term assuming you're invested in solid companies that are not penny stocks. If you don't have that kind of patience I don't blame you.
@ninjafoot1104
@ninjafoot1104 6 жыл бұрын
Sean I cannot explain my allure to your channel in words. I wish I knew more about your path to freedom in detail. Good luck with the new changes, I’m super excited to keep watching. My best to you and the family, hope you get a new buddy for Cali too.
@darklin9
@darklin9 5 жыл бұрын
you are truly living the dream!! Thank you for sharing!
@kathyhennigan7807
@kathyhennigan7807 6 жыл бұрын
While I have always enjoyed the other channel, I am very excited about this one. You and your family give so much thought in what, how and why you are doing something that it serves us all well by giving us food for thought also. Congratulations on these recent decisions. I know whatever you do will be successful for you all. Thanks for taking us along with you.
@mikewaterhouse8510
@mikewaterhouse8510 6 жыл бұрын
I like how you separate the 2 and I agree with you on the market it is not doing well . I as well have gone to real estate I do love your channels
@chrlmlln9018
@chrlmlln9018 6 жыл бұрын
Thank you, sir, for taking us with you into your wonderful new YT-Channel with sharing of your plans and wishes for the coming year, years even being more and more self-reliance with interesting old tools that you handle with great skill and showing all the beautifully built result when you fulfill your new life of self-reliance! Many greetings from Sweden!
@wandaneff5833
@wandaneff5833 5 жыл бұрын
Your a talented intelligent man! Love your creativity.
@larrycarman91399
@larrycarman91399 5 жыл бұрын
Good for you and your family. I hope for all your success in your personal life & your KZbin channels. I’ll keep watching & enjoying so please keep producing. You do a fine job of producing & teaching. Thanks Shawn
@acquavivarreonpocho891
@acquavivarreonpocho891 5 жыл бұрын
Ur videos makes me to understand more about the meaning of FREEDOM .
@HalfInsaneOutdoorGuy
@HalfInsaneOutdoorGuy 6 жыл бұрын
I'm 38, stuck in a dead end career, working for a dead end company, growing dislike for my job, but because of my specialty, I'm quite literally stuck. I have had a growing hatred for working on computers for the past 5+ years, I dont think I ever liked it. I just like fixing things. I want out so bad it hurts. Stared a youtube channel, but 7+ years before It "goes anywhere" is a long time to wait. I can't quit my job...but I cant stand being miserable at my "profession" a moment longer. Without my paycheck i'm dead. You have been a HUGE positive force in my life, and you have given me a certain direction! I cant thank you enough!
@anthonymedina5186
@anthonymedina5186 6 жыл бұрын
Happy and prosperous New Year to the Shawn James family! 🌲🎉⛄
@kh-uw6um
@kh-uw6um 6 жыл бұрын
I like that idea of keeping the channel separate. My self reliance is very relaxing I watch it to distress and learn but mostly to de-stress keep them coming and congratulations on your big move
@PhillyFan344
@PhillyFan344 6 жыл бұрын
Guessed it right away you were selling the family house. I like the direction you’re taking the two channels. Politics and finances on this one then everything else you described in the other. Thank you for the content!
@ShawnJames1
@ShawnJames1 6 жыл бұрын
Thank you:)
@smigiel20
@smigiel20 6 жыл бұрын
Mr. Shawn congratulations on living your dreams and you are truly blessed to have a supporting family behind you. Your content is great and it's always a pleasure to watch your progress. Hopefully the added free time will give you time to enjoy mother nature this summer.
@SherryEllesson
@SherryEllesson 6 жыл бұрын
Shawn, haven't looked at the other channel but immensely enjoy this one. I find that buy/sell strategies often fail - I have experienced train-wrecks myself in the market - believe 100% in indexed funds and the buy & hold idea. That said, I'm looking forward to seeing you and your family be able to spend more and more time there in the wilderness. Sending you energy, strength and good wishes! - Sherry
@fredbasset3379
@fredbasset3379 5 жыл бұрын
WOW!! I HAVE BEEN WATCHING ALL D OTHERS.. N NOW THIS... ITS ALREADY OCTOBER 2019 NOW... N VERY PLEASED TO. HEAR D ENTIRE FAMILY AGREES TO D CHANGE... SUPER!! IT'S GOING TO BE ALL SHARING N CONTRIBUTING TO EACH THEIR OWN TASK N RESULTS.. FOR D PROGRESS..
@seanoloughlin823
@seanoloughlin823 6 жыл бұрын
Sounds like an exciting 2019 I look forward to your videos.
@mac.8184
@mac.8184 5 жыл бұрын
Just found you. Love your format, no or little talk, beautiful scenery and sounds. I lost everything in 2008 also, I was 51. Changed my life also. I plan on building small, cabin is my preference. You are an inspiration, thank you. I learn so much from your shows.
@RobertLow18
@RobertLow18 6 жыл бұрын
Hi Shawn, very exciting news at the homestead! Privileged to be able to share it with you through your videos. As a young man I truly feel like you are a great role model for me and you seem to talk such sense and with such honesty. I will continue to do my best to live as considerately as you do in the hope that I can one day be as successful in living off the land and using natural materials as you and with minimal impact upon the planet. Regards and best wishes from Scotland, Robert.
@kathf8994
@kathf8994 6 жыл бұрын
That really is exciting news Shawn! I love both your channels (and rewatch your main channel videos very often) so I'm excited that you'll be able to film more!
@ChrisProuse
@ChrisProuse 6 жыл бұрын
I think you made a great decision Shawn - most economists I know, myself included, think there's too much irrational behaviour in the stock market to selectively pick them by hand. Long-term index funds across the entire market have shown decent returns over time, and you can generally hedge with gold when there's uncertainty in the market... but unless you have money to play with, you're likely better off investing in your own education, skills, reducing debt, or accruing assets like property 👍
@ulver1187
@ulver1187 6 жыл бұрын
"Irrational behaviour" sure """economist""" everything is perfectly rational if you actually knew what's going on.
@ChrisProuse
@ChrisProuse 6 жыл бұрын
ULVER ...after studying econ for 4 years and getting a specialization in it (both a major and a minor in it because I love it that much), I can definitively tell you people still frequently make bad decisions that aren’t in their own best interest, for a whole variety of reasons, even when they’re presented with all the information. For that reason alone, we’re all irrational to some degree, and most classical economic models of yesteryear didn’t account for that irrationality. Most of them assumed that we always acted in our own best interest. More modern fields of research like behavioural economics recognize that we’re often irrational, and understand that while the models might be decent at predicting general trends when there aren’t too many variables involved... we shouldn’t be surprised when someone flips the script and makes a poor decision for everyone involved, like the business partners that Shawn was working with. Hope this helps! :)
@johnnyappleseed1023
@johnnyappleseed1023 6 жыл бұрын
Chris Prouse as an Econ major myself, I see where you are coming from but uncertainty and irrational behavior is the name of the game. I will always invest in the stock market though I agree you definitely needs some extra money to do so. It returns on average 9% a year which is far better than most investments. Property has has a difficult time recovering from 2008, value in my area has remained the same for 10 years. Gg f you have a diverse and expansive pro-folio you can mitigate the risks of irrational behavior and market crashes.
@ChrisProuse
@ChrisProuse 6 жыл бұрын
Johnny Appleseed - Yeah, that’s why I mentioned in my original comment that index funds across the entire market have shown decent returns... but hand picking individual stocks is troublesome for a variety of reasons, and even the “experts” choosing the portfolios for the large name mutual funds out there have poor track records (and high fees). For anyone who wants to learn more about the differences between an index fund and a mutual fund (or the risk of choosing them by hand), I’d highly recommend searching for the Freakonomics podcast called “The stupidest thing you can do with your money”.
@Jeff-jg7jh
@Jeff-jg7jh 6 жыл бұрын
"Playing the market" can be a little like "playing" guitar. Learning Smoke on the Water is a long way from being good. Like anything it takes a little talent, a lot of practice. There are lots of places to learn how to do it right. There are rules. It takes discipline to set up Exit Strategies and stick with them. If you think; I'm going to get rich at this your already upside down. Is it gamed? you bet. Every single thing in life can be gamed. The 2008 recession was caused by guys who know what they are doing, when to get in and when to get out and they are the kind of guys who don't really care if others get hurt while they make a ton of money. Not all of them, but a lot of them. In a nicer world 2008 never would have happened.@@ChrisProuse
@robynsmith2194
@robynsmith2194 6 жыл бұрын
Hi Shawn I just want to take a moment to say I love your channels both of them ...your family stuff ....watching all the stuff you do at the cabin ....Cali and her adorable antics...I’m very happy for you with your new endeavor and I hope it works out! I look forward to seeing more videos and watching as this unfolds I cannot tell you how much you have inspired me at 54 to simplify my life and live a better simpler life thanks so much for all you do I cannot tell you how much I appreciate it!
@rickmoro705
@rickmoro705 6 жыл бұрын
Man you where bursting at the seams with Joy! How hard was that not to tell us? LOL ! Looking forward to not only your channel growing but your life by leaps and bounds congratulations! To you and your family 👍👏🌄
@bellaellis2813
@bellaellis2813 6 жыл бұрын
At a time when life for many is hectic if not desperate you have brought us a calm peace to settle our minds and spirit ... a way of life that is simple and peaceful ...I am working at maintaining a simple self sustaining life now ...thank you
@michaellockley2473
@michaellockley2473 5 жыл бұрын
Love the way your living your life hope you look happy and ive come to watch every time I see the videos👍👍
@jacksonpihema3055
@jacksonpihema3055 5 жыл бұрын
Very self reliant my friend my wife and I were so amazed to watch you build your own log cabin without any help from anyone. The wood you cut and use is so different to the native trees in New Zealand. As our tress here have knots appart from the kauri tress that are not allowed to be cut down. I like your tools and especially how you use them. Each tool you use I believe is made for every job for cuts and grooves. God bless you and your family and for your greatest talent he has given you.
@jimmurphy4703
@jimmurphy4703 6 жыл бұрын
Yes I do like your delineation of styles on your sites . It’s as if I dial up a different wavelength depending on which channel I’m watching so to that end your thinking is a success. G’ day from downunder.
@timharper58
@timharper58 6 жыл бұрын
So glad this didn't turn into a buy gold commercial like so many do. I really appreciate the integrity you always show. Good luck in your new endeavors. Shared your channel with my niece that lives up there in Ontario some where.
@lindamiller2399
@lindamiller2399 5 жыл бұрын
I wish I could live that way.
@adbc8213
@adbc8213 5 жыл бұрын
I am so appreciative and grateful that you are out there doing it and sharing.... thank you!
@ulrikeklaschka6898
@ulrikeklaschka6898 6 жыл бұрын
I like the split too. Have a good time. Greetings from germany to my dreamcountry.
@stevencedrone
@stevencedrone 6 жыл бұрын
Happy New Year Shawn! Sounds like we are going to have a great year following along and living vicariously through you and your family! :)
@mjones6115mj
@mjones6115mj 6 жыл бұрын
Stay Warm! Happy New Year as well!
@Acadian.FrenchFry
@Acadian.FrenchFry 6 жыл бұрын
48 yrs old and retired at 44 yrs old. Here I am 49 yrs old living paycheck to paycheck. I admire what you're doing. I wish I knew the things back when that I know now. You are totally right about splitting your channel like this. I am interested in both of these channels, but you are right I do want to enjoy your other channel for the very reasons you stated. This one will also be something I am interested in so I can learn maybe how I can get myself in a better situation.
@coalminergroupie
@coalminergroupie 6 жыл бұрын
If you’re opening a B&B homestead, we’ll see you this summer. 😀
@DanielDany
@DanielDany 5 жыл бұрын
I'm willing to bet this is what he was hinting on the real estate, most likely purchased more land, low property tax, get his own internet station so he won't have to go to town, a ground food storage and between KZbin and running a small B&B you can retire very nicely. The trick is to to be handy and like alone time. 😊
@franksinwein
@franksinwein 6 жыл бұрын
Thank you Shawn. You are truly an awesome human being. Glad to have found both your channels now.
@MegaMadTrapper
@MegaMadTrapper 6 жыл бұрын
Hi Shawn, Thanks for sharing your insights and experiences with the stock market, I look forward to more. I follow you on both channels and think your separation of content is perfect, as another viewer writes you have a good understanding of your viewership. I will continue to watch both and look forward to the adventure and teachings in 2019. You are at where I would like to get too. Cheers MT
@izby2652
@izby2652 6 жыл бұрын
Well done! Thanks for being so brave and follow your gut and dreams. I too worry about the market.
@tobiaskolley
@tobiaskolley 6 жыл бұрын
Truly impressed by how stubbornly you follow your dreams ;-)
@delta7087
@delta7087 5 жыл бұрын
First I would like to say that I enjoy both channels and I really like how you do them separately. Very Awesome! Second, you are living and doing the exact lifestyle that I want to pursue and have been planning for many years. Probably since 2008ish. Being a business owner will make you sit back and take a second look at life. Money, tangibles, lifestyle, etc.... All the things I thought would make me happy. Chasing the dream of simplicity, outdoors, primitive ways, etc.... is a much happier life than you can believe. Our paths are a lot alike in many ways. Keep up the excellent work. I really enjoy your channels and all the information. Watch your topknot and God speed to you and your family.
@glennhiggs11
@glennhiggs11 6 жыл бұрын
Man you're living the life...I'm so envious!
@mikedeclerck1421
@mikedeclerck1421 6 жыл бұрын
Our first access to your second channel, very very informative and we like both channels. Thank you in advance for adding and sharing your life style with insights to "how you make things happen". Kudos to you and your family for recovering from the financial collapse and continuing to pursue your dreams. We (God Willing) will continue to support you all the way! God Bless Mike & Ronnie
@dione.c.3432
@dione.c.3432 6 жыл бұрын
Vegetable gardens and fruit trees and berry bushes?
@tld597
@tld597 6 жыл бұрын
@Grace Clark Grace as my husband would say, "the 10% rule". You have to be 10% smarter than what you're working on. lol
@sclark223
@sclark223 6 жыл бұрын
Wow, very excited for you and your family! That is a big move, but sounds like everyone's ready for it, and the time is right! I think you are right about the nature of the stock market, and the impact on the larger economy. I have to tell you, your channels and general philosophy of being more self-reliant, have been really affirming and encouraging to me, during some trials in the last couple years. I bought my 1st house in 2007 (a foreclosure, or else I couldn't have afforded it), then lost my job in 2012, and had to move 1000 miles away for a new job, far from friends and family. But, against conventional wisdom perhaps, I kept the house, rented to friends, always hoping to move back. I made it a priority to pay it off, even though I had to also pay rent in my new town. I think I started watching your videos as I was closing in on this goal. Then, I lost my job again, spring 2018 ... but your can-do message about getting out of crises and building a successful secure life that nobody can take away - that helped get through that grim time. And - I *did* pay off the house (in 10 years actually), *did* get a job back home, *do* live where I want! It also feels like one of the happiest years of my life now. Thanks so much, for sharing your philosophy, and being a part of keeping me motivated and encouraged!
@VanlilfewithDaleandBailey
@VanlilfewithDaleandBailey 6 жыл бұрын
I feel the same way on the stock market. Been debating on doing something now before it's to late. Glad to hear I'm not the only one.
@bw7471
@bw7471 5 жыл бұрын
Market will climb to over 30,000 by 1 July 2020. Good luck, Shawn!
@johnmichaelkarma
@johnmichaelkarma 5 жыл бұрын
The market is being propped up by stock buy backs. There are many other indicators other than the DOW. Gold has beat the DOW for 20 years. The FED is monetizing the debt. Whenever a country begins to monetize the debt it is an indicator that the system is in it's death throes. Good Luck Bill !
@bw7471
@bw7471 5 жыл бұрын
@@johnmichaelkarma , thanks for the free advice. I'll stick with the system that's made me very wealthy, timing of the market is everything. The sky is not falling, "Chicken Little"!
@johnmichaelkarma
@johnmichaelkarma 5 жыл бұрын
@@bw7471 the sky fell on Shawn just as it did me in 07'-09'. We were crushed because we were ignorant. Since then I have spent countless hours educating myself. One thing I have learned about others is that ya can't educate someone against their will. Because of your normalcy bias you have a hard lesson coming your way.
@tomthumb1941
@tomthumb1941 6 жыл бұрын
I wish you and your family the best, by watching your videos and seeing what you do, I am confident you will be an absolute success, I am happy you will keep doing the videos, it is more important to me now than anything else I read or do. I have become a real fan of Cali. give her a hug for me, thanks.
@macloud51
@macloud51 5 жыл бұрын
Dear Mr. James, since I discovered your channels I've been a huge fun of your work. I truly believe that both channels give us worth pieces of information in different ways. Don't worry about what people say or think because what you're doing is helping many others. And it's in your heart the constructive way you've been working, recording and has nothing to the untrustful stock market. Best wishes and whiskeys. LOVE, LIVE, LEARN n LAUGH MAC
@sentientcurse7478
@sentientcurse7478 6 жыл бұрын
Great work Shawn. I love the collabs you do with other bushcrafters
@reneecannon1250
@reneecannon1250 5 жыл бұрын
So HaPpY, your dreams are coming true. You've invested yourself on a beautiful return. The living roof sauna is icing on the cake, she surely is a loved wife ♡
@Genetk44
@Genetk44 6 жыл бұрын
I like listening to what you have to say...you have alot of great insights and information to pass on...I always learn something new. So both channels are great in diffrent ways.
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