Prescribing Prosperity

When you’ve spent years building your retirement savings as a physician, medical professional, or business owner, watching your investment portfolio drop can feel unsettling. But does a decline from your portfolio’s highest value mean you’ve actually lost money? Understanding the difference between temporary market volatility and permanent investment loss can help you make more informed decisions when markets become unpredictable. In this episode of Prescribing Prosperity, hosts John and Alex So

Why can an economy grow on paper while households and businesses still feel worse off? The answer may come down to productivity, wages, housing, energy, and how much the country still produces for itself. In this episode, John and Alex Soutsos discuss globalization, Canada-US trade, and the future of North American production with Mike Steger, co-founder of Promethean Action and host of Promethean Overviews. They examine why Canada’s GDP can rise even as productivity and living standards fall, h

Is globalization ending, and what could reshoring manufacturing mean for physicians, business owners, and investors? How could shorter supply chains affect business costs, economic growth, and investment markets? In this episode, John and Alex Soutsos discuss globalization with Mike Steger, co-founder of Promethean Action. They examine why manufacturing moved overseas, what supply chain disruptions revealed, and whether advanced production can return to North America. They explore how robotics,

If you’re a Canadian physician, business owner, or high-income professional approaching retirement, is a RRIF meltdown strategy worth the added investment risk? In this episode, John and Alex Soutsos explain how a RRIF meltdown strategy works and examine whether the potential tax savings justify the borrowing costs and investment risks involved. For physicians, business owners, and other Canadians approaching retirement, they consider whether reducing taxes supports the flexibility, financial in

You’ve spent decades building a career and preparing financially for retirement. But what happens when you’ve reached your number and still aren’t sure you’re ready to walk away? In this episode of Prescribing Prosperity, John and Alex Soutsos explore the retirement challenges that extend far beyond investment balances and withdrawal strategies. They discuss why retirement is as much a psychological transition as a financial one, examining the loss of purpose, identity, routine, and relationship

Should you pay off your mortgage or start investing? How much house can a young physician really afford? Should doctors invest through their corporation or personally? These are some of the biggest financial questions early-career physicians, dentists, and incorporated professionals face. The decisions you make in your 30s can shape your ability to build wealth, achieve financial independence, and create more choices later in life. In this episode, John and Alex Soutsos discuss the financial pri