Paul Philip

Occupation

Financial planner and adviser

The portfolio

Real estate, low-fee index funds, permanent life insurance

The investor

For more than 20 years, Paul Philip has run his own financial-planning business (fwbsecurities.com). He bought his first real estate property at the age of 22.

How he invests

Mr. Philip takes a “holistic” approach. His portfolio addresses “the whole picture” with strategies applicable to more than the accumulation of wealth. A centrepiece is the use of life insurance to enhance after-tax wealth, estate planning and retirement lifestyle. His first and largest asset class is rental and commercial properties, mostly in the Toronto area acquired over the past 15 years. These holdings have made a major contribution to his net worth. They are cash-flow positive and he moves those profits into his investment portfolio to further enhance returns.

His second asset class is… CLICK HERE for the complete article