206: Recovering From A Financially Devastating Divorce Through Alternative Investments With Chris Odegard
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Chris Odegard is Dr. Brad Miller’s guest on Episode 206 of “The Beyond Adversity Podcast.”
Chris grew up in a family of employees like most people. All he knew was that you went to school, you go to college, you get a job and then work and hopefully you get a pension by the end.
That’s all he did in his life until he went through a divorce with a 19-year marriage and lost 55% of his assets because of it.
He changed the way he invested his money and moved away from conventional investments like stocks, bonds and mutual funds to investments that are not publicly traded.
Nine years later, he made back the assets he lost and multiplied it many times over. Because of this, he never had to work for anybody ever again.
Chris believes that yes, money can’t buy you happiness but neither can poverty. Having money makes a lot of things easier for you. That life is so much easier with it than without it.
It’s not the money itself that is loved but the things it can do for yourself, your family, and your community.
He also believes in a study that up to a certain point and amount, money increases your quality of life and happiness but once you go beyond that point then there is no correlation anymore.
One time, his friend Bill told him about a book that he should read. It was “Rich Dad, Poor Dad” by Robert Kiyosaki. It took him a long time before he started reading it but when he did, he was inspired to change how invested.
Because of that, he went to a free seminar of Robert Kiyosaki’s company. His car won’t start when he was trying to go but he managed to find a way to go anyway. By finding a car rental company that would drop a car off. He was really motivated to go to the seminar which is why he did that.
He always thinks about how if he was still married, he wouldn’t be where he is now. Because his wife would always talk him down on things he wanted to do. Sometimes you just have to take a leap of faith.
Episode 206 of The Beyond Adversity Podcast is a must listen for anyone who’s trying to invest while going through adversity, whether it’s depression, a divorce, a massive debt, etc. You should not give up hope just because of a few bumps along the road. Persevering towards your dreams regardless of adversity is key to having a happy and hopeful life.
“The Beyond Adversity Podcast with Dr. Brad Miller is published weekly with the mission of helping people “Grow Through What They Go Through” as they navigate adversity and discover their promised life of peace, prosperity, and purpose.