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Millionaire Mindcast

Trump’s 2024 Victory Path, Ackman’s Billion-Dollar Trade, and IRS Audits - What You Need to Know | Money Moves

Millionaire Mindcast

Matt Aitchison Media, Inc

Productivity, Stocks, Realestate, Lifestyle, Finance, Commercialrealestateinvesting, Personalgrowth, Entrepreneur, Business, Entrepreneurship, Rich, Mastermind, Money, Personalfinance, Millionaire, Mentorship, Realestateinvesting, Success, Mentor, Wealth, Investing, Millennials

4.4716 Ratings

🗓️ 30 October 2024

⏱️ 36 minutes

🧾️ Download transcript

Summary

Episode Highlights

In today’s solo episode, Matty A brings you a multi-faceted look at the upcoming election, the role of media influence, and insights on how policies could shape the economic landscape. Expect sound bites, unscripted thoughts, and timely advice on navigating the future as a financially savvy, empowered individual.

Key Topics Covered

  • Election’s Financial Impact: Why government policies and election outcomes can create waves across the stock market, real estate, and broader economy.

  • Media Revolution & Public Influence: The massive reach of Donald Trump's recent interview on Joe Rogan’s podcast—38 million views and counting. How democratized media is redefining political influence.

  • Current Election Odds and Insights: Breakdown of election predictions, how betting markets might indicate public sentiment, and the real impact of polls.

  • Fed Rate Cuts & Economic Uncertainty: Discussion on the Fed’s surprise 50-basis-point cut and rising mortgage rates, as well as what it signals for both the real estate market and the overall economy.

  • Understanding IRS Audit Triggers: Matty shares critical info on how the IRS selects returns for audit and common red flags to avoid, empowering you with knowledge for tax season.

  • Bill Ackman’s Legendary Trade & the Power of Contrarian Thinking: A recap of Bill Ackman’s remarkable $2.7 billion trade, demonstrating that taking risks with strategic foresight can yield massive gains.

Notable Quotes

  • “At the end of the day, nobody’s coming to save you. Take accountability for your own decisions and play the game with intention.”

  • “Wealth is built in the crockpot, not the microwave. Consistency and discipline are what make it work.”

  • “Get in the batter’s box, strike out if you must, but keep swinging—because every base hit gets you closer to financial freedom.”

Calls to Action

  • Stay Engaged: With the election around the corner, make sure to vote and stay informed about the policies that impact your financial life.

  • Take Charge: Own your journey to financial freedom by understanding and adapting to economic shifts. No matter who’s in office, it’s your actions that matter most. 

  • Share the Wealth: If this episode resonates, share it with someone who could benefit from these insights, and leave us a review to help spread the word.

Episode Sponsored By:

Discover Financial Millionaire Mindcast Shop: Buy the Rich Life Planner and Get the Wealth-Building Bundle for FREE! Visit: https://shop.millionairemindcast.com/

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Transcript

Click on a timestamp to play from that location

0:00.0

The thing that people care about is just election integrity.

0:03.6

You want to know that it's a free, it's a fair, it's an unbiased election, and on both sides,

0:09.3

they're both playing dirty.

0:11.2

But when you see, right, laws being enacted to not, you know, protect and uphold the integrity,

0:18.0

which is obviously a voter ID, making sure that our citizens are voting in our

0:23.2

elections, not illegal citizens. When you think about, you know, the counting of these ballots,

0:29.1

the transparency of the counting of these ballots, people just want to know that it's fair.

0:33.5

If you lost fair and square, no problem. We're all big boys and big girls. You know,

0:36.9

we've got to move on.

0:38.1

But the erosion of that trust, which has been displayed in many different scenarios over the course of the last few elections

0:44.3

and just over the course of time through media and laws and warfare, I think that's ultimately

0:51.0

where people are starting to get fed up and really question and also

0:54.8

push back on this stuff.

1:02.2

What's going on, guys?

1:03.1

Welcome into another episode of Money Moves.

1:07.1

We are rolling solo today in the studio.

1:10.1

I'm going to do some sound bites, some live screen sharing. I'm going to do some soundbite, some live screen sharing.

1:13.3

I'm going to try some stuff out here today to hopefully bring you guys with the best listening experience possible.

1:19.6

We are officially less than one week away from the election.

1:27.3

And we're going to cover a lot of different topics around the election,

1:30.6

around politics, around the stock market, because at the end of the day, politics, if you haven't

1:35.8

figured this out yet, policy impacts our stock market in a very big way, our real estate market

...

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