Building Your Money Machine
Building Your Money Machine
Mel H Abraham, CPA, CVA, ASA, CSP
How to Recover From Losing $1,000,000
31 minutes Posted Mar 25, 2024 at 7:00 am.
Discussion on losses and recovery in investing.
Doubting existence and expertise, lost significant money.
Mutual interest in martial arts led to vulnerability.
Excitement over compounding wealth with percentages.
Recognize signs and take a step back.
Avoid getting investment advice from social media.
Identify skills and investments to build wealth.
Invest time to learn from my programs.
Find strength and growth in life's challenges.
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31:33
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Show notes

Are you feeling knocked down by financial setbacks and ready to mount a powerful comeback? I've been in the trenches where a single ill-advised move cost me $1M—an experience that is as humbling as it is crushing.

In this deeply personal episode, I open up about the emotional whirlwind of losing a fortune and the concrete steps I took to rise from the ashes and rebuild my wealth—tripling what was lost within 18 months. I'll share the critical mistakes that led to my financial downfall and the essential mindset shifts that spearheaded my recovery.

Looking for a blueprint to bounce back from financial loss and build a secure future? Dive into the full episode now!

IN TODAY’S EPISODE, I DISCUSS: 

- The emotional journey from losing $1M to reclaiming my financial destiny

- The pitfalls of ignoring due diligence and the lure of high-return promises

- How I modified my investment strategy and what specific rules I now follow


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PRE-ORDER MY NEW BOOK (Get $1300 in bonuses FREE):
“Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!” –
YourMoneyMachineBook.com

TAKE THE FINANCIAL FREEDOM QUIZ:

Take this free quiz to see where you are on the path to financial freedom and what your next steps are to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com  

OTHER RESOURCES:

7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.com

Affluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/

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