What are the advantages/disadvantages of investing in shares?

Advantages:

Growth of capital Shares can offer capital growth over the long term, depending on the success of the company concerned.

Potentially higher returns Although past performance is no guarantee of future results, over long periods of time, shares have generally outperformed other financial investments and provided returns well above the rate of inflation.

Liquidity Unlike term deposits where your money is 'tied up' for a fixed amount of time shares can be traded on any business day at their current market value, which may be more than, equal to or less than the amount initially invested.

Disadvantages:

Risk You must be willing to take the risk associated with shares. If a company does not perform well, the level of its earnings could fall, potentially leading to reduced dividends and a fall in the value of the investment. It is therefore essential to take a long-term view with shares.

When will I receive my Notice of Assessment?

Notice of Assessments take up to 14 days to process.

When will I receive my ABN?

ABN applications take up to 28 days to process.

What will I need to provide UPA with to look after my finances?

Reconciled cash book, bank statements, cheque butts/Deposit books, loan statements, dividend statements, rental property income/expense details, overseas income details, trust distribution statements, assets bought and/or sold, purchase of property, sale of property/debtors listing, depreciable assets purchased, insurance policy documents, PAYG instalments, BAS statements, PAYG withholding statement, superannuation guarantee payment details.