Tip # 16 - Share management for SMSFs

Every week we post a tip that we hope will help you become a successful share market investor.

Tip#16 — Share management for SMSFs

If you’re an investor managing your own super fund, aim for an online share management system that can automate the flow of data to your accountant. This will not only save considerable time, but also reduce bookkeeping and accounting fees.

This information is not a recommendation nor a statement of opinion. You should consult an independent financial adviser before making any decisions with respect to your shares in relation to the information that is presented in this article.

FURTHER READING

• Blog -- Tip #15 - Record-keeping requirements for DIY share market investors
• Blog -- SMSF unbundling - how much can it save you in 2017?
• Blog -- Manage your SMSF with Sharesight + Xero