Tag: Wealth Management
Understanding the Impact of Elections on Your Wealth – Part 2 (Ep. 46)

Understanding the Impact of Elections on Your Wealth – Part 2 (Ep. 46)

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What if the future of Canada’s unity hinged on Alberta?

Join hosts John and Alex Soutsos for Part 2 of their conversation with tax expert Kim Moody, founder and director of Moodys Private Client. They continue to unpack the potential ramifications of political decisions on Canada’s economic landscape, with a sharper focus on Alberta’s growing discontent. Can future leadership bridge the divide, or will separatist sentiment continue to gain traction? Don’t miss this continuation of a thought-provoking discussion that blends tax insight with political and economic foresight.

Key highlights include:

  • The likelihood of changes to Canada’s tax policies by the ruling government [00:03:28]
  • The controversial idea of a wealth and home equity tax [00:09:40]
  • Alberta’s economic frustrations and the potential for separatism [00:13:18]
  • Historical context of Alberta’s grievances within the confederation [00:16:17]
  • Potential strategies to heal Canadian federal relations [00:32:29]

Resources:

Connect with Med-Wealth Financial Services: 

Connect with Kim GC Moody:

About Kim GC Moody: 

Kim G C Moody is a highly respected Canadian tax expert, entrepreneur, and thought leader in private client advisory. He is the founder and director of Moodys Private Client and Moodys Tax, where he specializes in providing strategic tax, estate, and succession planning for business owners, high-net-worth individuals, and professionals. With decades of experience, Kim is a Fellow Chartered Professional Accountant (FCPA, FCA), a member of the Society of Trust and Estate Practitioners (TEP), and has held prominent leadership roles with the Canadian Tax Foundation and CPA Canada.

Kim is also the bestselling author of Making Life Less Taxing, a book focused on helping Canadians navigate complex tax systems with clarity and purpose. Known for his bold, insightful commentary, he frequently speaks on national platforms and contributes to policy discussions shaping Canada’s financial future. In 2016, Kim enrolled in law school to deepen his knowledge and continue his commitment to lifelong learning. He also shares weekly insights through his newsletter 1-1-1, combining tax expertise with leadership and economic reflections.
Understanding the Impact of Elections on Your Wealth – Part 1 (Ep. 45)

Understanding the Impact of Elections on Your Wealth – Part 1 (Ep. 45)

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What are the economic consequences of recent political shifts in Canada? 

Join John and Alex Soutsos as they dive into the aftermath of the Canadian election with special guest, Kim G C Moody, a renowned tax expert from Moodys Private Client. This episode navigates the intricate landscape of Canadian politics and its economic repercussions.

Kim provides enlightening insights into tax complexities, highlighting the need for reform and the controversial policies at play. This episode delves into critical topics such as corporate taxes, personal income taxes, and the broader economic implications of political decisions.

Topics of discussion include:

  • The impact of recent elections on Canada [00:02:12]
  • The role of nationalism in Canadian politics [00:04:37]
  • Complexities in Canada’s tax system and proposed reforms [00:16:23]
  • The history and implications of corporate taxation [00:28:17]
  • Adam Smith’s Wealth of Nations’ tenants and their relevance today [00:49:57]

Resources:

Connect with Med-Wealth Financial Services: 

Connect with Kim Moody:  

About Kim G C Moody: 

Kim G C Moody lives and breathes the Income Tax Act—so his clients don’t have to. With over two decades of experience as a Chartered Accountant, Registered Trust and Estate Practitioner, and founder of Moodys Private Client, Kim is known for translating complex tax laws into clear, actionable strategies for entrepreneurs and high-net-worth individuals. His approach is creative, forward-thinking, and grounded in a deep understanding of the challenges business owners face.

A passionate advocate for tax education and reform, Kim has published extensively, lectured across the country, and held leadership roles with the Canadian Tax Foundation, STEP Canada, and the CBA/CPA Canada Joint Committee on Taxation. In 2016, he began studying law part-time at the University of Calgary to further his impact on tax policy.

Outside of his professional life, Kim enjoys classic rock concerts and supports charitable causes, particularly in the area of philanthropic giving.
Navigating Market Corrections: Strategies for Medical Professionals (Ep. 44)

Navigating Market Corrections: Strategies for Medical Professionals (Ep. 44)

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Have you ever wondered how to navigate market corrections with ease? 

In this episode of Prescribing Prosperity, John and Alex Soutsos dive deep into strategic wealth management and the psychology behind investment decisions, offering clarity amid market chaos.

John and Alex explore the benefits of a nimble investment model, emphasizing how their approach outperforms larger institutional funds. They discuss the recent U.S. market downturn, revealing how a tactical approach to asset allocation can help mitigate downside risk. The conversation pivots to a nuanced discussion on pension planning, highlighting options such as the RRSP, Medicus, and HOOPP, and their role in securing a stable retirement.

John and Alex discuss:

  • (01:45) Defensive investing strategy compared to institutional funds 
  • (04:30) Impact of market corrections on top-performing funds 
  • (10:03) Strategic repositioning within their portfolio 
  • (14:20) Comprehensive guide to the RRSP program 
  • (17:52)Pros and cons of Medicus and HOOPP pension plans 
  • (26:32) Benefits of Individual Pension Plans for legacy planning 
  • (38:02) Real estate investments vs. market liquidity

Connect with Med-Wealth Financial Services: 
What Investors Need to Know About Today’s Trade and Market Climate – Part 2 (Ep. 43)

What Investors Need to Know About Today’s Trade and Market Climate – Part 2 (Ep. 43)

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What’s the real impact of politics on your financial future?

Join hosts John and Alex Soutsos as they dive into the ripple effects of American politics on Canadian economics and dissect the complex relationship between politics, prosperity, and fiscal policies. This episode of Prescribing Prosperity takes a closer look at how international affairs shape domestic economic landscapes, touching on key events like the upcoming Canadian election and the economic maneuvers influencing North America. With a blend of humor and insight, they unpack Canada’s economic challenges, discuss how political strategies affect wealth management, and offer a straightforward look at the future economic terrain.

John and Alex discuss:

  • (00:01:18) The influence of U.S. politics on Canadian policy 
  • (00:02:14) Canada’s economic performance over the last decade 
  • (00:09:37) The proposed tax policies and their implications 
  • (00:19:49) The role of market competition in economic prosperity 
  • (00:34:18) Supply management systems and economic fairness 
  • And more!

Connect with Med-Wealth Financial Services: 
What Investors Need to Know About Today’s Trade and Market Climate – Part 1 (Ep. 42)

What Investors Need to Know About Today’s Trade and Market Climate – Part 1 (Ep. 42)

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Join hosts John and Alex Soutsos as they explore the unique dynamics of today’s financial landscape and share insights on navigating market volatility. In this episode, delve into the impact of U.S. trade policies, the notion of cyclical bear markets, and what a potential reset button for the economy might entail. 

Engage with the rich analysis offered by John and Alex, as they discuss:

  • The restructuring of the U.S. market under the new administration. (03:04) 
  • The implications of tariff negotiations and their role in global trade dynamics. (08:01) 
  • Identifying corrections versus bear markets and their historical context. (11:46)
  • Behavioral insights on consumer sentiment as a contrarian market indicator. (19:56) 
  • The stimulative impact of domestic investments and the reshoring of manufacturing. (24:46) 

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What BODES Well For Optimal Aging with Dr. Lynda Thompson – Part 2 (Ep. 41)

What BODES Well For Optimal Aging with Dr. Lynda Thompson – Part 2 (Ep. 41)

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What does it take to fuel both your body and your brain effectively? In this second installment with Dr. Lynda Thompson, John and Alex Soutsos dive into a riveting conversation about the essentials of diet, gut health, and the often underestimated power of protein. What changes can you make today for a healthier tomorrow?

Join hosts John and Alex as they explore nutrition essentials with Dr. Lynda Thompson, an expert in neurofeedback and biofeedback. Dr. Thompson offers insights on optimizing your daily protein intake, understanding the significance of your microbiome, and navigating the balance between prebiotics and probiotics. They also delve into natural ways to support brain health through diet, exercise, and lifestyle choices.

Dr. Lynda Thompson discusses:

  • (01:54) The importance of protein 
  • (14:44) The benefits of a healthy microbiome 
  • (31:42) How exercise affects mental and physical health 
  • (37:15) The crucial role of sleep in wellness
  • And more

Tune in for a conversation brimming with actionable tips designed to enhance your daily routines and cultivate a healthier lifestyle.

Resources:

Connect with Med-Wealth Financial Services: 

Connect with Dr. Lynda Thompson:

About Our Guest: 

Dr. Lynda Thompson, Ph.D., BCN, is a Registered Psychologist with experience in teaching, clinical psychology, school psychology and ownership of learning centres. She has been the Executive Director of The ADD Centre® since 1993. Her doctoral dissertation (1979) dealt with self-esteem in hyperactive children. Dr. Lynda Thompson is co-author with pediatrician William Sears of The ADD Book: New Understandings, New Approaches to Parenting Your Child, published by Little, Brown & Co. of New York.

Dr. Lynda Thompson has authored Setting Up For Clinical Success (with the Biograph Pro-Comp +/biograph) published by the Biofeedback Foundation of Europe.

She has also co-authored the basic textbook for this area of professional work; The Neurofeedback Book, An Introduction to Basic Concepts in Applied Psychophysiology, published by The Association for Applied Psychophysiology and Biofeedback.

What BODES Well For Optimal Aging with Dr. Lynda Thompson – Part 1 (Ep. 40)

What BODES Well For Optimal Aging with Dr. Lynda Thompson – Part 1 (Ep. 40)

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Could breathing exercises be the key to cognitive longevity? 

Join John and Alex Soutsos as they sit down with Dr. Lynda Thompson, a seasoned clinical psychologist specializing in neurofeedback and biofeedback. In part 1 of this episode, you’ll discover how simple changes in breathing can enhance cognition and learn about holistic strategies for improving your lifespan and your healthspan.

Key discussions in this episode include:

  • The importance of breathing techniques to calm your nervous system [00:13:15]
  • Brain training and the significance of the BODES acronym for brain health [00:05:23]
  • Insight into supporting healthy aging and cognitive sharpness [00:07:10]
  • The role of diet, especially omega-3s, in maintaining brain structure and function [00:31:20]
  • And so much more!

Resources:

Connect with Med-Wealth Financial Services: 

Connect with Dr. Lynda Thompson:

About Our Guest: 

Dr. Lynda Thompson, Ph.D., BCN, is a Registered Psychologist with experience in teaching, clinical psychology, school psychology and ownership of learning centres. She has been the Executive Director of The ADD Centre® since 1993. Her doctoral dissertation (1979) dealt with self-esteem in hyperactive children. Dr. Lynda Thompson is co-author with pediatrician William Sears of The ADD Book: New Understandings, New Approaches to Parenting Your Child, published by Little, Brown & Co. of New York.

Dr. Lynda Thompson has authored Setting Up For Clinical Success (with the Biograph Pro-Comp +/biograph) published by the Biofeedback Foundation of Europe.

She has also co-authored the basic textbook for this area of professional work; The Neurofeedback Book, An Introduction to Basic Concepts in Applied Psychophysiology, published by The Association for Applied Psychophysiology and Biofeedback.
Financial Planning for Young Adults: Start Early, Save Smart (Ep. 39)

Financial Planning for Young Adults: Start Early, Save Smart (Ep. 39)

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What are the key financial steps young adults should take to build a strong foundation for their future?

In this episode, John and Alex Soutsos discuss financial planning for young adults. They explore the pivotal role early planning plays in securing long-term prosperity. Learn how starting early and making strategic savings can lead to a more secure financial future.

John and Alex discuss: 

  • (03:28) The importance and benefits of starting to invest as soon as possible 
  • (08:22) How a disciplined savings plan can combat lifestyle inflation and peer pressure 
  • (15:48) Managing social expectations with smart financial decisions
  • (18:05) Understanding the risks and management of longevity in financial planning
  • (20:05) Avoiding the need to rely solely on pensions for retirement security
  • And more

Whether you’re just starting your career or seeking ways to better manage your finances, this episode offers practical advice and insights to help you make informed decisions.

Connect with Med-Wealth Financial Services: 
Trump 2.0: Understanding the Impacts on Canada and the U.S. (Ep. 38)

Trump 2.0: Understanding the Impacts on Canada and the U.S. (Ep. 38)

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What can the year of the snake teach us about wealth and prosperity?

In this episode, John and Alex Soutsos discuss the intricate dynamics of wealth management in 2025 amid geopolitical influences and shifting market trends. As global events unfold, they delve into the complex world of tariffs, political leadership changes, and their impacts on the financial landscape, offering listeners a comprehensive understanding of the mechanisms driving economic growth. Tune in and discover how global political shifts and economic policies shape markets, and learn actionable insights to guide your investment strategy.

John and Alex discuss: 

  • (02:15) The impact of Trump’s policies on tariffs and trade, particularly Canada’s border security
  • (08:05) Key U.S. market trends, focusing on deregulation and the shift back to free enterprise principles
  • (14:34) Sector insights, highlighting opportunities in energy, autos, and small- to mid-cap stocks
  • (23:06) Addressing market corrections and the importance of agile investing
  • (31:41) Canada’s economic outlook and potential political shifts that could mirror U.S. market principles
  • And more

Connect with Med-Wealth Financial Services: 
Building Winning Teams with Craig Custance – Part 2 (Ep. 37)

Building Winning Teams with Craig Custance – Part 2 (Ep. 37)

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Is the NHL’s expansion strategy fueling league success, or is it a shot in the dark?

In this episode, John and Alex Soutsos are joined again by Craig Custance for part two of their engaging discussion on his book, “The Franchise: The Business of Building Winning Teams.” They dive into pressing topics like the NHL’s history with salary caps and expansion teams, including the intricacies behind markets like Atlanta and what it takes to build a successful sports organization. Tune in to hear about the surprising decisions by team managers, the importance of ownership commitment, and the transformative role of market presence in sports success.

Craig discusses: 

  • (01:34) The impact of the NHL’s salary cap
  • (04:04) The necessity of league expansion in non-traditional markets
  • (06:57) The merits of shortening the NHL season for better gameplay
  • (08:01) Atlanta’s potential for hosting a hockey team again
  • (18:59) Balancing emotional decisions and strategic trades in hockey
  • (30:12) The influence of steadfast leadership in sports organizations
  • And more

Resources:

Connect with Med-Wealth Financial Services: 

Connect with Craig Custance:

About Our Guest: 

Craig Custance is the Head of Creative Development at The Athletic, a New York Times company. Previously, he was an Editorial Director at The Athletic, where he oversaw the NHL, college football and baseball coverage. As a writer, he spent over a decade as an NHL insider at The Athletic, ESPN and Sporting News. His latest book, The Franchise: The Business of Building Winning Teams was released by Simon and Schuster in October 2024. He is also the author of the book Behind the Bench: Inside the Minds of Hockey’s Greatest Coaches.

Before joining The Athletic, Custance was a senior writer for ESPN The Magazine, ESPN.com and ESPN Insider. He was hired by ESPN after three years as a national hockey writer for The Sporting News.

Custance got his start in journalism at the Atlanta Journal-Constitution, where he was hired in 1999. At the AJC, Custance was part of the Innovations department where he helped launch the newspaper’s digital sports coverage. He also worked on the sports desk as a writer where he covered football, sports enterprise and ultimately became the Atlanta Thrashers beat writer. He left the AJC in 2008 after nearly a decade working for the newspaper.

He’s a graduate of Michigan State University with a degree in journalism and lives in Clinton Township, Michigan with his wife Cassie and three children.

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