Big Changes This Year | Why I Took My Money Out of the Stock Market
Рет қаралды 411,914
Күн бұрынWelcome back to the cabin - my first video of 2019, a year of big changes. I describe what I'm up to this year and hint at a major lifestyle change that we as a family just took steps to achieve this year. I talk about my experience in the stock market and why I'm out, instead investing in real estate before the market undergoes a major correction.
Thanks for watching!
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My Self Reliance: bit.ly/2G7ncW9
Shawn James Channel: bit.ly/2xzZHpB
Playlist Links
Building the Forest Kitchen: bit.ly/2GSjkJa
Log Cabin Build Step by Step Playlist: bit.ly/2LttALh
Food, Wild Edibles, Recipes: bit.ly/2sc1riW
Log Cabins: bit.ly/2sdl0HF
To see what I’m up to during the rest of the week, please follow me on my other online channels;
Website: myselfreliance.com/
Facebook - / myselfreliance
Instagram - / myselfreliance
My Mailing Address:
P.O. Box 20042
Barrie, Ontario
L4M 6E9
Canada
Links to gear used at the cabin:
Fjallraven Vidda Pro Pants - amzn.to/2rhEiMn
Tilley Endurables Airflo Hat - amzn.to/2Ia4xy1
Apeman Trail Camera - amzn.to/2HRZSNT
Mora Knife - amzn.to/2BOiv35
Agawa Canyon Boreal 21 Saw - amzn.to/2BPV6OF
Axe - www.torontoblacksmith.com/
Moka Pot - amzn.to/2DEomvO Canada amzn.to/2ndmtw6 USA
Virtus Knife- www.virtusknives.com/
Canon 6D - amzn.to/2EdaZjs
DJI Mavic Pro - amzn.to/2DHuJib
Solar LED light bulb 15W - amzn.to/2BQvSQ2
Copper Fairy lights - amzn.to/2BCmF0X
Solar String Lights - amzn.to/2DvgU2n
Lodge Dutch Oven - amzn.to/2kHuxDQ
Bragg’s Sprinkle - amzn.to/2EdouzK
@yourthebest7942 4 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 3 жыл бұрын
He beat me by one year. :)
@Jason_xofilos 5 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. 👍😎
@brendamalone5479 5 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.
@rachaelwyatt754 5 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
@maraudermitchelli 5 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 KZfaq, 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 5 жыл бұрын
Thank you so much.
@denniswhite166 5 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 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 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 5 жыл бұрын
@@maraudermitchelli that is right, Shawn is the best!
@rEcOiL1971 5 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 5 жыл бұрын
Thank you :)
@thyslop1737 5 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.
@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 4 жыл бұрын
Love it...well said.👍👍
@tommygunn1901 4 жыл бұрын
My GF thought the same thing 😂
@harrisonmantooth3647 4 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 4 жыл бұрын
absoletly agree with you , the video alone speaks to you. GOD it was beautiful
@cezexploresvlogs 4 жыл бұрын
same as me here, they are laughing at me ..But I learned something in that aforesaid video.
@ireneburke1732 5 жыл бұрын
Yay, Mrs. Shawn is moving out to the new homestead. Love it. Can't wait.
@MarissaBGC 5 жыл бұрын
Yes, a very exciting year ahead for you and your family and Cali. Thanks for bringing us along!
@barbaralittle7873 5 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.
@darcymiller1443 4 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!!
@rickyreinle1226 5 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.
@anthonymedina5186 5 жыл бұрын
Happy and prosperous New Year to the Shawn James family! 🌲🎉⛄
@joanneforrest1830 5 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. ❄️🍁🌲
@larrycarman91399 5 жыл бұрын
Good for you and your family. I hope for all your success in your personal life & your KZfaq channels. I’ll keep watching & enjoying so please keep producing. You do a fine job of producing & teaching. Thanks Shawn
@richardlumpkin4607 5 жыл бұрын
Great news! What a wonderful expansion for you and your family. Very excited for you all!
@carologwin1103 5 жыл бұрын
Happy New Year!! Thank you for sharing. Sorry that happened to your family. So many hurt. You have built something beautiful and it out shines all.
@deborrastrom8559 4 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.
@adbc8213 4 жыл бұрын
I am so appreciative and grateful that you are out there doing it and sharing.... thank you!
@AmandaKates57 5 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 😻
@jeanettec6212 5 жыл бұрын
I’m so thankful I was able to find your channels and follow you for the journey has been amazing. Your blessed with wisdom and drive. By all my comments you have to know I’m your biggest fan or at least in my own mind!lol. This year will be another exciting year following both channels and just being able to be happy for another’s dream to flourish. Thank you for all you do!❤️❤️❤️
@rickmoro705 5 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 👍👏🌄
@fredbasset3379 4 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..
@karenrouth2056 5 жыл бұрын
Soooooo happy to be here with you and the family! and totally agree with the other channel with all the nature, peace and tranquility... love how you've divided things between the two!
@nickhdeep6leatherworks338 5 жыл бұрын
The really dig the fact you have two channels. It may be more work but it’s much appreciated.
@greywolfwalking6359 5 жыл бұрын
Congrats on the big news/plans for n with the family! Good to hear of your financial moves... They sound strong! ATB from sunny Wintergarden,Florida😎!
@iloveshowbiz 5 жыл бұрын
I love to hear of the great things happening for you and your family!
@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!
@mjones6115mj 5 жыл бұрын
Stay Warm! Happy New Year as well!
@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"
@ninjafoot1104 5 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.
@eca2641 5 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.
@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👍👍
@1minigrem 5 жыл бұрын
You always speak plain good sense and that’s so rare today. Extra content from you is good news.
@smigiel20 5 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.
@chrlmlln9018 5 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!
@janecorcoran663 5 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.
@tobiaskolley 5 жыл бұрын
Truly impressed by how stubbornly you follow your dreams ;-)
@tipstoes1079 5 жыл бұрын
Awesome love to here about families thriving thanks for sharing its a joy to watch your channels!
@shawnleitch5208 5 жыл бұрын
I see good value in both channels. I am grateful you are willing to share with us both the glory of nature on the my self reliance channel. And the talking on this channel.
@michaeldrinkuth 5 жыл бұрын
Shawn you just made my year. I'm subscribed to exactly two channels on KZfaq 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.
@jimmurphy4703 5 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.
@kukissgarcia 5 жыл бұрын
I love to watch your videos, My daughter and I are in love with Cali. She is such a great and loving dog! Hope you continue with sharing for long long time.
@mac.8184 4 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.
@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 3 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.
@walterortona3162 5 жыл бұрын
The stock market: a combination of corruption and incompetence! Well: that pretty much says it all!!! Thanks Shawn
@liberyone5185 5 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 5 жыл бұрын
The stock market is a fantasy game played by the millionaires.
@curtisjordan9210 5 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 5 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 5 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"
@robertinebuckley4245 5 жыл бұрын
Exciting news!!! It's always a rush to begin a new adventure, all the best to you and your family! Thanks for sharing as always!
@davidkempster8143 5 жыл бұрын
I think it is great that you are doing both, I really enjoy your original channel, but I want to hear your thoughts and the details of the life you are forging as well. Great stuff. Inspirational.
@yiannosashiotis3956 5 жыл бұрын
I assume the 200 dislikes are from stock brokers?
@timobreumelhof88 5 жыл бұрын
lol
@barbibutton9619 5 жыл бұрын
Ha
@patriciabarnes6664 5 жыл бұрын
Or from jealousy! This world is full of green eyed monsters!
@cinderellsworth 5 жыл бұрын
@@patriciabarnes6664 OR they could all be jealous stock brokers 🤑❗
@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!
@DisabledUKPrepper 5 жыл бұрын
My late Father always said that about the stock market verses property ownership. Good luck for the future.
@kathf8994 5 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!
@dav1099 5 жыл бұрын
Shawn that is some awesome news, thru you we can live the dream with you. I wish I did allot of things different but didnt so I'm stuck in the system for life, but enjoy both your channels. thanks for posting.
@alexhalsana988 5 жыл бұрын
Whatever you do I know it's going to be great. Keep up the great job👍
@darklin9 4 жыл бұрын
you are truly living the dream!! Thank you for sharing!
@krisg3984 5 жыл бұрын
Wo-- Those ARE big changes Shawn !! Sounds like your happy with them. Been subscribed, liked & watching your other channel- you are incredibly ZEN with the saw, the axe and making a fire... there. Love the animals too. But you sound happy for this Year and sounds like your Lady will be there to be there by your side. Peace to you both
@broketackle 5 жыл бұрын
Hey buddy. I love your videos as always and love both your channels. I personally like listening to your story of the past because I can relate almost exactly to what you and your family went though as we are a family owned and operated construction company. Thanks for being honest and true about everything. Keep building and keep talking Shawn. I’ll always be watching buddy. Be safe out there. Always appreciate the hard work. Thanks again.
@trudyschaffer8016 5 жыл бұрын
How exciting for you and your family! Sure gives one something to think about..
@Jack2of3 5 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.
@thepennsylvanian9280 5 жыл бұрын
I'm glad your making big things happen! I really hope to be watching your videos for years to come! Its been a pleasure thus far
@philippiscatella7816 5 жыл бұрын
Sounds like you have a real plan for the family. Best of luck looking forward to be along for the ride by your videos.
@MegaMadTrapper 5 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
@seanoloughlin823 5 жыл бұрын
Sounds like an exciting 2019 I look forward to your videos.
@jayjardine881 5 жыл бұрын
Shawn I enjoy both channels for just the explanation you put forth. I'm glad you mentioned the stock market, i'm getting cold feet and eliminating positions daily. Thanks for the sound advice. Looking forward to 2019 and watching the James family adventures. Be safe.
@richardmahoney8609 5 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
@tomthumb1941 5 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.
@Genetk44 5 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.
@izby2652 5 жыл бұрын
Well done! Thanks for being so brave and follow your gut and dreams. I too worry about the market.
@RhondaHammond 5 жыл бұрын
We love your channel. My hubby and I have been caught up with amazement in all you do. Kudos and thank you
@SherryEllesson 5 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
@sentientcurse7478 5 жыл бұрын
Great work Shawn. I love the collabs you do with other bushcrafters
@peterharbman 4 жыл бұрын
Well said. Looking forward to hearing and seeing your adventures on both sites. Wish you and your family all the best!! And thank you.
@stevencedrone 5 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! :)
@ulrikeklaschka6898 5 жыл бұрын
I like the split too. Have a good time. Greetings from germany to my dreamcountry.
@ChrisBooBoo 5 жыл бұрын
Love your channel Shawn. Keep it up!
@southtexassue6666 5 жыл бұрын
Hey Shaun ! Glad to see y’all over here on this channel. I will follow them both now. Happy for yall’s changes- best wishes for this new year. You’re doing a great job !
@mornayvanrooyen6252 5 жыл бұрын
Hi Shawn. We as our KZfaq 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.
@glennhiggs11 5 жыл бұрын
Man you're living the life...I'm so envious!
@karries6608 5 жыл бұрын
Sean, thank you for being open and honest about your opinion of the stock markets. I've never invested but I've seen people who do and yes I agree it is like a high stakes poker match. It's sad about the legal corruption that is in business. I admire both of your channels on KZfaq. I learn a lot from them. I'm glad you and your family prosper in the endeavors that they go after. Have a peaceful day.
@ronyeahright9536 4 жыл бұрын
its only a high stakes poker match if you invest in risky crap like he was talking about. the single biggest risk of the stock market is not being in it, and that is historical fact. if you invest in risky penny stocks like he was talking about, and try to "time" the market and jump in and out, etc.....yeah you're gonna get your head handed to you.
@kevinlange5930 4 жыл бұрын
As a poker professional I disagree. Most people in live poker drink and barely know how to play. As I never drink and study Game Theory 20+ hours a week poker pros print money.... Print. Lol Espically in small untapped markets outside of regional infested cities like Vegas or LA. Good players can lose any hand, any tournament, but in the lifetime sample size always win. Bankroll management and poor lifestyle choices cause many good players to go broke so not every good player actually has money. The stock market....even I wouldn't gamble on that. Poker is +EV and a zero sum game. Good players win bad players lose over time. Use a better analogy! Lol haha jk ♥️♣️♦️♠️🏆🤔🥇
@LindaWolfe20 5 жыл бұрын
We love your life style... making everything gives such satisfaction. Just think back in the olden days that is all they did and very happy to do so...
@SeanInAlaska 5 жыл бұрын
First off, Congratulations on the exciting future! What a great time for you and your family :) I am VERY glad you shared the link to this page from the Cabins home page today, I had no idea it existed and I think I will enjoy watching both channels!
@mikewaterhouse8510 5 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
@BraxxJuventa 5 жыл бұрын
Thank you for your explanation Shawn. 👍😁
@rogerpoissant6575 5 жыл бұрын
Continue showing informative content. I like to see things that people overlook by walking or hiking without looking down or up or just stopping and listening. Nature can be exciting on all levels. The drama of sights and sounds and smells evokes peace. The seasons only add more to the drama. From fungi to mammals to birds it's endless what you can film.
@miikesternberg6947 5 жыл бұрын
Good for you Shawn. Glad its all working out for you. Hard and smart work pays off.
@me3deager315 5 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.
@VanlilfewithDaleandBailey 5 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.
@stevenhaff3332 4 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.
@mikedeclerck1421 5 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
@ChrisProuse 5 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 5 жыл бұрын
"Irrational behaviour" sure """economist""" everything is perfectly rational if you actually knew what's going on.
@ChrisProuse 5 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 5 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 5 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 5 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
@PatBot 5 жыл бұрын
I love both your channels Shawn and look forward to following your excellent content.
@chrisanderson9856 5 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!!!!!!
@PapaJoeB 5 жыл бұрын
Lovin' both channels, man. That's all great positive news! Looking forward to seeing things develop. Between you and Joe and Doug, it's a great showcase of our wonderful province and an achievable lifestyle. Much thanks.
@wandaneff5833 4 жыл бұрын
Your a talented intelligent man! Love your creativity.
@lafayetteplace3031 5 жыл бұрын
Hey shawn i am glad to finally know your name. i felt bad not knowing but im subscribed :) much love from sioux falls south dakota!
@lucas.treichler 5 жыл бұрын
I really can‘t wait to see al these things your talking about coming up. Beside how my year 2019 will be, at least I know, here will happen alot this year! Exiting, can‘t wait!
@Scorpiomary 5 жыл бұрын
Glad things are working out for you and your family. I enjoy both channels.
@RobertLow18 5 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.
@Lauterbach24 4 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.
@brucestmartin777 5 жыл бұрын
The new channel is great... I will be keeping up with you on both channels as we head into the next year or two or twenty...
@mrs7978 4 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.
Shawn James
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