Ian/forgotten weapons/bunker thread

Fuck yes we have been wanting images of Ian's bunker

Yes.

>>31897910
I'm on a shitty iPad w/shit Internet or I'd dig for more. I'm interested

>>31897906
Ian seems like a decent homesteader

>>31897906
Yes it is, and that's fucking radical.

>Being a retard and putting money in a shoe box or envelope instead of an interest bearing account.
Nobody ever accussed Ian of being smart.

>>31897906
Living the dream

>>31898640
>zero debt landowner, with ton of assets (admittedly, not much liquid it seems) living his dream doing what he loves.
>retarded

No anon. No. Also he was spending down his bills 1k at a time plus min payments.

Literally /OURGUY/

>>31898640
>Bank Interest
>in 3 years

A couple hundred bucks wasn't gonna change his financial situation.

>>31898679
>Says he had $40k in cash sitting in a shoe box
That's stupid.
>Owns garbage desert land with no real value.
His assets aren't worth much.
>His home is too small to support a family.
He's not going to have anybody to care for him in old age.

So really, all he has is a cool treehouse. Don't take life and financial advice from youtube stars.

>>31898711
>5% interest per year on $40k isn't going to help.
Let me guess, you actually use a savings account to hold funds.

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>>31898640
>trusting your money in the hands of someone else
>more so in the hands of a large corporation

>>31898724
>Losing 2-3% of the real value of your money every year to inflation because you're ignorant.
Don't wear your poor education like a badge of honor.

>>31898723
>5%

It ain't the 60's, grandpa. My last savings account had an interest rate of 0.04%

>>31898736
you do realize banks are essentially what cause inflation, right?

>>31898719
Ahh, i didnt see that.

Yes, he is loseing money then. But being that he is financially stable with little outflow, he is not loseing much by keeping ahold of his cash.

His goal is not to be a millionaire, from what it seems, its to support himself. With little outflow, even with inflation and zero inflow, 40k could sustain him for a good long while, and assumably all its doing is growing.

>land and house is not worth much.

Being that he put a miniscule amount into it, the ROI will still be insane even if the market is shit where he is.

>>31898743
>The scope of his financial knowledge is to put money in a savings account.
Your parents and teachers have failed you terribly. I am so sorry.

>>31898711
It isn't that little, especially when you remember that every year, inflation means you're hemorrhaging around4% of your money.

>>31898748
Why would a guy whose primary interest in savings is to become LESS attached to Babylon invest in the (((stock market)))?

>>31897906
>the wage slave everyone talks shit about
How do I increase my sense of adventure and risk tolerance?

>>31898753
Consumer price inflation is only .02%, you crazy nigga.

>>31898744
>Banks are what cause inflation.
You say that like it's suppossed to mean something.

>>31898747
$40k isn't a lot of money when you get seriously hurt or get ill. He has no health insurance and a hospital stay will bankrupt him because of his "minimalist" life style.

>>31898763
Sticking your head in the ground doesn't mean the rest of the world doesn't exist. You should be using every tool at your disposal. Investing isn't difficult. Sticking your money in a mutual or index fund is stupidly simple and safe and grows your wealth. Yet you have luddites that are afraid of it all because they don't understand it.

>>31898763
Come on, goy. Don't you want to put your kids through (((college))). Don't you want to drive a Mercedes after you retire?

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>>31898778
>bank make inflate
>gib moni to bank
>haha am immune to inflate now

rinse and repeat

>>31898778
You have no idea if he has health insurance or not, thats pure conjecture.

>>31898778
You know that he was saving right at the time of the '08 crash right?

So actually mutuals would've been a TERRIBLE investment.

>>31898790
You have such a juvenile understanding of the financial system that there really is no helping you. Pay attention in your economics class, kid.

>>31898794
He's young. He should have doubled down on the crash and he'd have done great.

The '08 crash only really hurt the whiny retired boomers that thought they could do anything they wanted.

>>31898798
it's a simple fucking concept, there isn't much that needs understanding.

>>31898791
You're right, he's probably a medicaid leech. That's why he brags about "making" less than $10k a year.

>>31898825
Again, pure conjecture, but more realistic than no insurance at all.

More than likely he is self insured, its only about 350 a month, last time i checked. His patron most likey more than covers it.

Paying tax on cash when you deposit it in your account makes any gains via interest negligible. If you wanted to make money on stocks, you should have been around 8 years ago.

Everything is at extreme valuations in the stock market now and only a fool would buy at these levels.

Put aside cash, buy Gold at $800-$900, Silver at $8 to $11, oil at $26 and under.

>>31897906
>In 53 weeks, I zeroed out that student loan.

Madman status: absolute

>>31898915
Pretty stupid, really. He could have had that $35k + his $40k, invested it responsibly to turn it into $100k and have had more money to put into his house and property and spent less time working to pay off the loan. Student loan interest rates are pretty damn low.

Ian is just another one of the countless buffoons that thinks debt is a terrible evil thing. It can be, but only if you don't manage it properly. Use your head, live within your means, and loans can be an amazing tool that let you live a better more worry free life.

>>31898928
He didnt get the 30k until after he was debt free. He paid off the 35,0000 loan in ONE YEAR.

>>31898958
Whoops, one extra zero there, sorry.

>>31898958
That's what I'm saying. Why pay off a low interest loan in one year when you could have taken the $35k, put it in an index fund, got a 3-5% annual rate of return, continuously added to it until you hit $100k, and worked for less time and had more money for your house?

[spoiler]Because Ian isn't very smart financially.[/spoiler]

>>31898966
Because he can do that litterally one year later without a 250 a month loss?

At 3% your only getting about a grand annually on 35k. You are spending about 2400 on student loans. A huge net loss.

he claimed to have been a bartender during this.

I've worked in bars and clubs since the late 90's, bartenders sell drugs. they are the guy that if you need drugs they will get it, and mark it up like a motherfucker, but since you are drunk, and want some slut to suck you off, you say ok, I'll give you $250 for this shitty 8ball of stepped on blow.

its how guys that get paid $2/hr have all kinds of shit like corvettes and paid off houses working part time. its a drug dealer co-op.

>>31898972
>$250 a month loss
You really only need to be looking at the interest accrued on that loan in a year. Which in '08 was pretty low. Like $700 per year on a 2% interest loan.

Make your minimum payments and throw the rest towards your investments and you're going to be doing even better than throwing all that money at loans. It really doesn't always pay to quickly eliminate a debt. Consult a certified financial planner to learn what an acceptable level of risk is for you.

>>31898995
The minimum payments were 250 dollers.

Thats, at min, before intrest gain, 3000 dollers per year. Assuming 3% intrest on 35k (and assuming he can put that away and make min payments), that 35k will make him 1050 dollers per year.

He spends 3k on the loan, he makes 1k on the principal of 35k, annually. A 300% fucking loss per year.

In this case, you pay off the loan.

>>31899015
Do you not understand how paying off a loan works? You pay off the monthly accrued interest first then pay against the principal. So again, as I said, you only need to consider the annual accrued interest on the loan since you will always have to pay off the principal.

Alternatively, instead of paying off the whole loan, you might want to pay off a large chunk of it so that your accrued interest becomes very small, but you continue to make on time payments to improve your credit which will in the long run save you even more money since you'll get even more favorable terms on your next loan.

Further, I've used a very conservative rate of return for this theoretical investment. It is possible to do much better if you decide to take more risk.

>B-b-but loans and debt are the work of (((evil corporations)))!!!
They're a valuable tool that can be used for good or bad. Just like guns. Maybe that'll help you understand it more.

>>31899041
Nigga, you dont need a 35k loan to build credit, and i am WELL aware that the payments theoretically get smaller, but if your paying min it really doesnt.

When you have a net negitive of 300% of interest gained to lost, you eliminate debt you mong. You want it at least at 0.

>>31899054
>Counts the principal paid as part of the interest.
>Arrives at a 300% figure
You're retarded.

>>31899057
>gain 1k a year
>lose 3k a year
>not a net loss

Right back at you, dumbass.

>>31899065
>Counts paying the principal as a loss.
You are going to pay the principal off at some point anyways. Whether it's all at once today, or over 15 years with your now inflated dollars which makes the real cost lower. The only thing that matters is interest. What don't you understand about this?

>>31898640
Wow, a whopping $500 interest over 3 years, he surely is going to miss that much money.
Especially with all the paperwork attached to the whole account, even more if he wants to liquidate it.

>>31899080
Yes anon, doller to doller its a net loss.

You make more money by paying off the loan asap. The only reason to keep the loan is to build credit.

You cannot disprove the above statement mathematically.

>>31899101
>Complains about paper work in the digital age where it's easier than ever to trade securities.
>Where online brokerage firms give you 500 free trades.
>Where there's a plethora of money to be made if you move beyond Dave Ramsey level finances.

>>31899116
>actually day tradeing

Sweet jesus...

>>31899124
>Implying day trading
>>31899113
>Still doesn't understand that a 3-5% rate of return compared to 2% interest rate on a loan of equal amount is a net positive.
>Doesn't understand how loans work
Pay more attention in your economics class, leverage yourself a little bit, and enjoy a better standard of living by working smarter instead of harder.

>>31898928
>>31898995
>>31899116
>>31899143

Oh look, the friendly (((banker))) wants you into debt. I wonder what has (((it))) to gain from that....

I wish I could just afford to buy a block of some rural land somewhere. You'd think $50,000 for maybe 10-20 acres somewhere would be reasonable, but there's nothing within 250 kilometres of me that's anywhere close to that.

Fuck I hate Australia.

>>31897906
>thread about getting off the grid
>some autist yelling at everyone because he took one econ course at community college
Great thread.

>>31899143
>still does not realize he not only paying intrest

Dollar for dollar your way is a net loss. You cannot disprove this statement.

>>31899195
>Thinks anything but the interest matters.
Go listen to more Dave Ramsey and stay poor.

>>31899204
>thinks principle is meaningless

Lel, again, you cant disprove me, and its getting you mad as fuck.

>>31899204
Who the hell is Dave Ramsey, and why do you keep mentioning him?

>>31899209
How do you not understand that the principal is a fixed cost that doesn't ever increase? That the only thing you can do on a loan is reduce the amount of interest paid over the life of it.

You're mentally deficient.

>>31899217
>That the only thing you can do on a loan is reduce the amount of interest paid over the life of it.

And yet, you keep argueing with me.

>>31899230
Don't bother, no one can be that stupid, he's clearly a (((banker))) .

>>31898992
Truth. However, I don't see Ian getting into something like that especially at a chili's. Then again there was a lot of blow at the Olive Garden I bartended in college.

So what's with this jew banker shrieking?

>>31900345
>REEEE STOP PRACTICING SELF RELIANCE AND DEPOSIT YOUR SHEKELS INTO MY BANK SO I CAN USE YOUR CASH FOR MY BENEFIT

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>>31900345
Complaining that not everyone wants to invest in an index fund/overpay some other fund with identical performance to an index fund/spend shitloads of time studying stocks and instead pay off a loan.

Can't imagine why someone wouldn't want to get in on all dat risk free money tho.

>>31900702
That chart isn't exactly filling me with confidence with that huge dip there.

>>31901402

Just a little destruction of wealth, goy, what is there to be afraid of? No need to save your shekels in those low-yield savings accounts. Give it all to the merchant!

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>>31898928
/thread

Dept is a bitter pill to swallow but, I'd rather pay a $1k a month mortgage than $1k a month rent.

>>31897906
How did you even find that?

Why did Ian send in a video to a site literally called 'get rich quick'.

This is very confusing.

>>31898958

There really is no advantage to paying a loan off early because all the vig is loaded into the first few years of payments. If you can pay it so fast to avoid the majority of interest then you should have paid cash to begin with.

>>31904093
slowly != quick

>>31897906

>I started looking for affordable rural land. I had a small inheritance from a great grandparent that I had been saving for something significant and meaningful, and a piece of land seemed like the perfect use for it. I eventually found a 40 acre parcel in the Southwest for less than $500/acre.

>Does this mean intentional poverty? Absolutely not. It means that I can have great quality of life, make $10,000 per year with a part-time or online gig, and have more disposable income than most middle income debt-ridden wage slaves.

If your goal in life is to never marry, have a family, have land that appreciates in value then this is the perfect lifestyle.

He's really sticking it to the bankers.

>>31897906
https://www.youtube.com/watch?v=X5UH4Z6hhYg
https://www.youtube.com/watch?v=ntbwftsrbbs
this looks like his old channel, who is Debra?
Was she his gf?

>>31901743
So what does he do for money? How does he afford to fly out to RIA seemingly every other weekend?

>>31904051

>I'd rather pay a $1k a month mortgage than $1k a month rent.

That all depends on whether the house you're paying that mortgage towards isn't going to be worth less than when you bought it.

You buy a house, it's worth $300K, and you put monthly payments towards paying it off for 2 years. Say $1K a month.

At 2 years, the market tanks and you're left with a house that is worth $180,000 but you're still paying the mortgage on a house worth $300,000.

Who gets fucked here? YOU. Even more so if your loan is variable rate and the interest rate is set at like 10% or 20%.

>>31905618

He doesn't. He films all of his content in advance at one time.

>>31905667
Yea, but he still makes trips up there every so often, you can't tell me that every video on his channel so far was shot at once. I was being hyperbolic by saying every other weekend.

>>31905681

I guess its economical to do it once every few months. He does videos at RIA, the gun museum in South Dakota and also at the Beretta museum, he must have a shitload of footage.

>>31905681
>>31905618
He says in his videos that its the money he makes from his Patreon page that allows him to travel around to make more content

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>>31905649
Who the fuck has a 10% rate on a mortgage? Are you specifically referencing the housing crisis?
Can you show me on this doll where your failed mortgage and poor planning touched you?

>>31904284
>If your goal in life is to never marry, have a family, have land that appreciates in value
This is the American Dream for me

>>31898640
It might not be smart if the interest rate was 10%+, but at the moment it's less than 2%.

>>31905789

>Who the fuck has a 10% rate on a mortgage?

If interest rates went up in order to combat inflation, plenty of people would. You're not one of those retards that think US interest rates can stay at below 1% forever, are you?

The point is, a mortgage only makes sense if the property at the end of the mortgage is worth more than what you paid for it. If it's less, you might as well have donated the difference to your local Rabbi.

>>31904656
Perhaps, he says he has no plans for marriage or children in that article
sadface.jpeg

>>31899176

Come on goy.... I mean guy. Take out a loan, and buy that Range Rover. (((I))) guarantee you will make more money that way.

>>31905895
Interest checking is like 0.2% right now , you mean.

>>31905618
YouTube ad money, possibly self funded through temp jobs (he's a machinist iirc), and now Patron

>>31898753
Bitch what exactly do you think the US inflation rate is?

>>31898724
>spaceman can't triforce

>>31904051
No you're wrong because (((((((((((jews)))))))))).
Leave your fancy banker talk at the synagogue college boy.

>>31905649
>He only looks in the short term.
Most mortgages are over 15-30 years. Individuals that cry about the housing market crash in 2008 either over leveraged themselves or have very low tolerance for risk. Either way, housing prices have return to pre 2008 values and have grown in most markets.

>>31907560
I want to see Ian design and build his own firearm.

>>31905875
You want land that that goes down in value?

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>>31905649
>variable rate loan

ever

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>>31908332

The $200k and below housing market barely fluctuated in 08 because people could afford them.

If you lost your home in 08 you either fell for a teaser rate trap or bit off more than you can chew.

>>31908509
What's the figure in the bottom right supposed to be?

>>31908545
Guy with ptsd beating his wife?

>>31898825
Except he makes 48k a year off patreon alone

>>31904656
It might be his neighbor. He knows them all pretty well

>>31897906
Is there a picture of his completed house? It looks like he was still working on it 4 years ago

>>31905901
dunning kruger pls go

>>31898763
Holy shit, people like this exist

>when /biz/ comes to /k/ and trys to know what it's talking about

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>>31898723

>5% interest

>>31898832
>buy Gold at $800-$900, Silver at $8 to $11

What the fuck are you smoking?

Silver hasn't been below $15 since like 2008.

I don't think Gold dipped to $800 even when it crashed a few years back. It's sitting at lie $1,250 right now.

>>31904093
autism = rich

>>31898832

Gold is inflated and will crash when interest rates go up after trump is elected.

>>31911702
Silver has been sitting at $18-20 forever now. What time machine did you step out of and why choose to come now