Managing Inheritance when Young
Mark - Toronto Ontario Region
Mark is a young man in his early twenties who inherited some money. When he joined the Paladin Program, Mark was in college and dreamed of getting married and buying a house. After careful evaluation of investment vehicles, we advised him to put his inheritance into a low-risk real estate mortgage fund that earned him a 10% return. When Mark graduated and began earning an income, we helped him to secure a mortgage even though he was a recent graduate. Now Mark is married, and has recently taken some ‘sleeping equity' out of his first home to increase his investment portfolio and is planning to purchase a rental property - a solid investment and another source of income.<< previous success story next success story >>