Do you trade shares/financial instruments in your own name?

Discussion in 'Share Investing Strategies, Theories & Education' started by LeeM, 30th Oct, 2019.

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  1. LeeM

    LeeM Well-Known Member

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    Sorry I'm very new to invest in shares, so I'm a bit nervous and just want to get it right from the beginning. If you need to choose between the following structures, which one would you chose when trading shares and other financial instruments.

    1/ Discretionary Trust with company as a trustee: currently own 1 investment property
    2/ A company: not trading anything at the moment
    3/ your own name (with very low personal income at the moment).

    Benefits & risks involve in each? Thanks
     
  2. Trainee

    Trainee Well-Known Member

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    Other things to consider:
    family and there incomes?
    Are you actually trading to the point where you would be considered a trader (cg implications).
    How much money are you going to put in?
     
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  3. LeeM

    LeeM Well-Known Member

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    Gold Coast
    I'm thinking putting in about $100k, starting with REITs, EFT, stock dividends. The purpose is for income, not really growth; so I'll take the 'value investing' approach, not a daily trading type. I'm single with 2 children.
     
  4. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    You really need specific legal advice. But start off with my legal tip on structuring the ownership of shares.

    Prob not good to hold shares in same trust as property
     
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