Starting Personal Stock Trading Business Question

[Tjmc12]

Good evening everyone, I'm looking at share trading/investing taking it from sole trader (beginner ) to next setting up business name/trust (looking at the pros and cons of structures).

I'd like to set things up in the correct order here's hoping, as I know it would be costly down the track making any changes.

Would be grateful for any shared experiences, especially when starting out.
Also any thoughts about shelf companies? if that might be a better option.
I haven't an accountant, that's another thing on my to do list, find a good one

Thank you so much in advance for any reply.

 

[frugal.rock]

I haven't an accountant, that's another thing on my to do list, find a good one

Probably want to put that on the top of your to do list?

An accountant won't advise you unless they have a financial advisor licence, however they should be able to give you options for you to choose from based on your particular circumstances.

Hopefully others might chime in on their experiences, but no one will say do this or that, as that is a forum no no.
All the best with your endeavours and welcome to the forum.
Feel free to introduce yourself in the forum newbies thread in the beginners section.

Cheers