Hey y'all!!
Today we are going to be looking at our 401K's. I am bringing you an interview with Chris Odegard, The Prolific Investor. Chris is an average guy who had a white-collar job in the corporate world and followed the only thing he knew for decades, conventional wisdom and conventional investments. This worked relatively well until 2009, when he experienced an illiquidity event where he lost 55% of his assets and thousands of dollars per month in cash flow. Then, Chris read Robert Kiyosaki’s Rich Dad Poor Dad, and his mind was opened to a different type of investing. In just nine years, Chris recouped the 55% he had lost and multiplied it many times over and now shares his experience and knowledge with you through his book Get off Your A$$ and Manage Your Money: Why You Need Alternative Investments and his alternative investment blog at TheProlificInvestor.net.
What's wrong with 401Ks anyway?
"It is a very different time now, and I don’t believe this path will work for my children and other young people today. They will need to be smarter at a younger age than I was. A look at some statistics from a study conducted by GoBankingRates.com clearly tell us that conventional wisdom isn’t working":
Email: chris@jcesolutions.net
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