Building Your Money Machine
Welcome to 'Building Your Money Machine, hosted by Mel Abraham, CPA, a renowned financial expert and author of USA Today Bestseller, 'Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!.' On this podcast, Mel shares his insights and experiences from over 30 years in the field of wealth-building, entrepreneurship and mentorship to financial freedom. Each episode provides actionable strategies to master your money, remove financial stress, and live a life by choice, not chance. Whether you work for a company, are a seasoned entrepreneur or someone just starting out on your financial journey, this podcast offers the tools, actionable frameworks and knowledge you need to create your own money machine and secure your financial future. Tune in weekly for expert advice, inspiring guest interviews, and the practical wisdom that will help you take control of your financial destiny. Subscribe now and start building the life you’ve always dreamed of.
Building Your Money Machine
The WORST Investment Lies Told by Finance Gurus
Welcome back to the Building Your Money Machine Show! In this episode, we’re shining a light on the WORST investment lies that too many finance gurus still tell — and that may be keeping you stuck, stressed, and second-guessing your financial future.
Have you ever noticed how those so-called experts make wealth building sound as easy as ordering takeout? Just click a button, sit back, and supposedly your net worth skyrockets overnight. Well, real investing isn’t full of fairy dust or secret formulas—so today, I’m rolling up my sleeves to bust five of the biggest half-truths, myths, and lies I’ve heard in my 30+ years in finance (and yes, I’ve repeated some of them myself — nobody’s immune!).
I’m breaking it all down with real numbers, real risks, and stories that reveal what actually works, minus the fluff. Grab your drink, your calculator, and let’s cut through the noise together!
IN TODAY’S EPISODE, I COVER:
- Why the “market always averages 10-12% per year” is a misleading myth
- The pitfalls of putting all your money in the S&P 500 and why oversimplification can hurt your wealth-building journey
- The truth about dollar cost averaging — how it works, when it doesn’t, and why sequence of returns risk matters as you start drawing from your portfolio
- The fallacy of needing to “beat the market” — and what history really tells us about pros versus everyday investors
RECOMMENDED EPISODES FOR YOU
If you liked this episode, click here to enjoy these and more:
https://melabraham.com/show/
- 8 Signs You're Doing Well Financially (Even If It Doesn't Feel Like It)
- Accountant Explains: The 4 Financial Freedom Zones - How close are you?
- Master Financial Literacy in 32 mins: Everything They Didn't Teach You in School
- The One Choice That Will Determine Your Financial Future
- If You Knew This About Banks, You Would Think Twice Before Giving Them Your Money
RECOMMENDED VIDEOS FOR YOU
If you liked this video, you'll love these ones:
- 8 Signs You're Doing Well Financially (Even If It Doesn't Feel Like It): https://youtu.be/KKhrKQb-v40
- Accountant Explains: The 4 Financial Freedom Zones - How close are you?: https://youtu.be/Md3mF7zg8fk
- Master Financial Literacy in 32 mins: Everything They Didn't Teach You in School: https://youtu.be/RquD90vfEvs
- The One Choice That Will Determine Your Financial Future: https://youtu.be/RquD90vfEvs
ORDER MY NEW USA TODAY BESTSELLING BOOK:
Building Your Money Machine: How to Get Your Money to Work Harder For You Than You Did For It!
The key to building the life you desire and deserve is to build your Money Machine—a powerful system designed to generate income that’s no longer tied to your work or efforts. This step-by-step guide goes beyond the general idea of personal finance and wealth creation and reveals the holistic approach to transforming your relationship with money to allow you to enjoy financial freedom and peace of mind.
Part money philosophy, part money mindset, part strategy, and part tactical action, these powerful frameworks will show you how to build your money machine.
When you do you’ll also get over $1100 in wealth resources & bonuses for FREE!
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
