How to Recover From Losing $1,000,000 episode artwork

EPISODE · Mar 25, 2024 · 30 MIN

How to Recover From Losing $1,000,000

from Building Your Money Machine · host Mel H Abraham, CPA, CVA, ASA

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 followRECOMMENDED EPISODES FOR YOU If you liked this episode, you'll love these ones:How to Actually Make Money InvestingDo THIS Every Time You Get Paid (Paycheck Routine)Why HSA Accounts Are So PowerfulCancer Was a Gift    RECOMMENDED VIDEOS FOR YOU If you liked this video, you'll love these ones:How to Actually Make Money Investing: https://youtu.be/hW4tsaV5_ZE Do THIS Every Time You Get Paid (Paycheck Routine): https://youtu.be/N24cCb2FgUg Q&A - Why HSA Accounts Are So Powerful: https://youtu.be/GGv6ldvCe6E Cancer Was a Gift: https://youtu.be/w2_oli9LJK8 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.comTAKE 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.comAffluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/CONNECT WITH ME:Facebook - https://www.facebook.com/melhabraham Instagram - https://www.instagram.com/melabraham9 YouTube - www.youtube.com/user/MelHAbraham  Twitter - https://twitter.com/MelHAbrahamLinkedIn - https://www.linkedin.com/in/melhabraham/

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How to Recover From Losing $1,000,000

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How long is this episode of Building Your Money Machine?

This episode is 30 minutes long.

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This episode was published on March 25, 2024.

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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...

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