Episode 88: How to earn faster with Alternative Investments (w/ Chris Odegard)
COMMIT FIRST - w/ Sagi Shrieber
Shownotes Transcript
Sagi Shrieber on The Commit First Podcast Presents:
How to earn faster with Alternative Investments (w/ Chris Odegard)
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*Episode 88 - How to earn faster with Alternative Investments (w/ Chris Odegard)
Hey everyone!
For today's episode, I invited prolific investor and blogger Chris Odegard to talk about how jumping ship from conventional investments to alternative investments could massively impact your success. If you're tired of being part of the herd and using conventional means only to earn a little, Chris is here to open new doors.
Learning only later on in his life, Chris realized that there were more ways to financially prospering than just through stocks, or retirement plans and mutual funds. On today's show, he talks about how he discovered Alternative Investments, explaining that the returns that they present can be more reliable and profitable than your usual every-day investment.
Join us as we zero in on very important and informative topics, such as Maslow's Hierarchy of Needs, and Chris's very own iteration of it known as the "Hierarchy of Investors." He states that following this hierarchy can help you make more profitable investments if done right, and can even reward you with as much as 15%-30% in annual returns. In comparison, conventional investments usually earn just about 5%-10% in returns, and that's a big difference.
Chris doesn't even need to work anymore, and if he can do that, you can too. As an educator, Chris strives to help others learn what he did later on in his life. The upside to it is that you can start sooner! As the founder of The Prolific Investor, his goal is to challenge conventional wisdom and show people exactly why it isn't working.
Topics discussed on the show:
Chris's StoryAlternative InvestmentFinancial EducationMaslow's Hierarchy of NeedsThe Hierarchy of InvestorsAdvantages and DisadvantagesInvesting for Cashflow15%-30% ReturnsInsuranceVolatiltiyTax BenefitsAsset ProtectionAsymmetric RiskThink Outside The BoxTurn-key Single Family Rental ProvidersWrapping Up
Links Mentioned:
Rich Dad Poor Dad - Robert Kiosakihttps://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194
Unfair Advantage - Robert Kiosakihttps://www.amazon.com/Unfair-Advantage-Power-Financial-Education/dp/1612680100/ref=sr_1_1?dchild=1&keywords=unfair+advantage&qid=1621496080&s=books&sr=1-1
********You can find chris at:
His website: theprolificinvestor.net