BFC_Podcast-Ep.017 -Thumbnail Large

Ep. 017 w/ Tim Conlin | Invest in Yourself

June 11, 20251 min read

This week Cara Moeller Poppitt speaks with wealth advisor Tim Conlin about the intricacies of wealth management, the importance of emotional endurance in investing, and the psychological factors that influence investor behavior. They discuss the significance of understanding market cycles, the time value of money, and the courage required to make investment decisions. Tim emphasizes the need for clarity in financial goals and the role of innovation in the investment landscape.

The opinions expressed are the opinions of the author and listeners should not assume they reflect the opinions or recommendations of Richardson Wealth or its affiliates. Past performance may not be repeated.

Tim’s  Links:

Cara’s Links: 

Chapters:

00:00 Introduction to Tim Conlin

04:45 The Importance of Emotional Endurance

06:11 Tim's Journey and Career Transition

09:37 Investing in Yourself and Embracing Uncertainty

11:23 The Time Value of Money

14:05 Overcoming Barriers to Investing

18:14 The Psychology of Loss Aversion

20:35 Innovation and Market Trends

22:30 Learning from Missed Opportunities

25:44 Tools for Emotional Resilience in Investing

29:45 Defining Courage & Final Thoughts

Takeaways:

  • The human brain seeks patterns and certainty in investing.

  • Emotional temperament is crucial for successful investing.

  • Investing comes with inherent risks and a 'price of admission.'

  • Preparation is key to managing investment-related panic.

  • Long-term investing can yield significant rewards.

  • Investing in yourself is the best investment you can make.

  • The time value of money is critical for financial success.

  • Financial literacy is essential for overcoming investment barriers.

  • Loss aversion can hinder investment decisions.

  • Courage is necessary to act in uncertain financial situations.

Listen Here:

Custom HTML/CSS/JAVASCRIPT
Back to Blog

© Big Freakin' Change 2025

All Rights Reserved

Contact: [email protected]