Read the latest article by Janine Cox in  Rescu magazine

I was interviewed this week by Julian Allen from First Prudential Markets for thier Trading Intelligence program on Board Room Radio. First Prudential are a direct market CFD provider and this show is a good way get some great information on the markets. The video is around 15 minutes long so grab a coffee, sit back and relax whilst you get some good info. Just click the link to view. Trading Intelligence

Dale Gillham

Chief Analyst, Wealth Within

Dale Gillham, ‘one of the country’s most respected analysts’ (Wealth Creator Magazine, Nov/Dec 2004), sought after key note speaker and author of the best selling book ‘How to Beat the Managed Funds by 20%’, has assisted thousands of traders and investors to learn to trade shares and become confident and profitable in their direct share investments. Tired of an industry saturated by quick fix gimmicks and expensive short-courses, Dale co-founded Wealth Within to provide ‘ real education and ongoing personalised support’, as well as independent investment advice to traders and investors who have become disillusioned by the market for one reason or another. As testament to this, Wealth Within launched Australia’s first and only nationally accredited Diploma and Advanced Diploma of Share Trading and Investment.For more information please visit www.wealthwithin.com.au

The ASX released the September edition of its free newsletter. We were lucky enought to supply the lead article titled 10 top share tips. The global financial crisis of 2008 and recent sharemarket woes have left many investors wondering what they need to do to be successful. In this article, I discuss 10 things you need to do to be successful in the sharemarket, and bust some myths that I am sure many believe to be true.

Dale Gillham

Chief Analyst, Wealth Within

Dale Gillham, ‘one of the country’s most respected analysts’ (Wealth Creator Magazine, Nov/Dec 2004), sought after key note speaker and author of the best selling book ‘How to Beat the Managed Funds by 20%’, has assisted thousands of traders and investors to learn to trade shares and become confident and profitable in their direct share investments. Tired of an industry saturated by quick fix gimmicks and expensive short-courses, Dale co-founded Wealth Within to provide ‘ real education and ongoing personalised support’, as well as independent investment advice to traders and investors who have become disillusioned by the market for one reason or another. As testament to this, Wealth Within launched Australia’s first and only nationally accredited Diploma and Advanced Diploma of Share Trading and Investment.For more information please visit www.wealthwithin.com.au

The reality is that if you learn some of the stock market basics, particularly related to the preservation of capital, your investments may come out in front of a ‘buy and hold’ strategy over the longer term. The sad reality is that many investors miss out on this opportunity as they don’t stop to get a good understanding about how to invest in shares and instead they react to the market blindly.

I thought you might like to hear a podcast I recorded recently to get an insight into some share market research I have done and how the timing of your investment decisions can have a dramatic impact on long term returns. 

To listen click here.

Dale Gillham

Chief Analyst, Wealth Within

Dale Gillham, ‘one of the country’s most respected analysts’ (Wealth Creator Magazine, Nov/Dec 2004), sought after key note speaker and author of the best selling book ‘How to Beat the Managed Funds by 20%’, has assisted thousands of traders and investors to learn to trade shares and become confident and profitable in their direct share investments. Tired of an industry saturated by quick fix gimmicks and expensive short-courses, Dale co-founded Wealth Within to provide ‘ real education and ongoing personalised support’, as well as independent investment advice to traders and investors who have become disillusioned by the market for one reason or another. As testament to this, Wealth Within launched Australia’s first and only nationally accredited Diploma and Advanced Diploma of Share Trading and Investment.For more information please visit www.wealthwithin.com.au

The financial industry, in an attempt to stem the steady outflow of funds, have been promoting to investors that investing is for the long term and to properly diversify by moving money out of cash and into investments like bonds, shares and other managed investments. Regardless of what the industry tells you to do, why invest in something you don’t understand?

Over many years of helping people to achieve their financial goals, one of the things I try to impress on them is to trust themselves. After all, the person who has the most to gain or lose in any financial decision is not your accountant, your financial planner or your broker, it is you. GFC or not, there is a way through the investment maze for everyone.

Sadly, most investors divorce their responsibility and want someone to hand them the Holy Grail to make them wealthy. This in my opinion is part of the reason why a lot of people never achieve the wealth they deserve. The GFC demonstrated how people invested in products they don’t understand, and further, they make emotional decisions based on fear and greed. Right now decisions are being made based on fear, and therefore are a repeat of the sins of the past. In the case of pre the GFC, the motivation was clearly greed, with investors going with companies like Storm Financial and others chasing high returns.  

What do we expect in the market?

After initially reversing strongly last week, the Australian share market has continued cautiously higher to achieve 4,390 points this week. However, the realities of the depressed economic situation in the US and Europe were too much for the risk appetite of short term traders who started taking profits at the end of the week across world markets. As a reaction to this selling pressure around the globe the All Ordinaries Index has come off its recent highs to test previous levels of support below.

Global markets are very reactive right now to any news that emerges, and investor sentiment is quite low, therefore I believe we are unlikely to see a solid commitment to any further rises in the short term. A rise is likely to be a test by market players and could be followed by further selling to test recent lows. These moves on the market are what we call false rallies that often catch investors out. Therefore I believe now is the time for investors to remain cautious while waiting for the big money to show commitment before attempting to look for opportunities.

Dale Gillham

Chief Analyst, Wealth Within

Dale Gillham, ‘one of the country’s most respected analysts’ (Wealth Creator Magazine, Nov/Dec 2004), sought after key note speaker and author of the best selling book ‘How to Beat the Managed Funds by 20%’, has assisted thousands of traders and investors to learn to trade shares and become confident and profitable in their direct share investments. Tired of an industry saturated by quick fix gimmicks and expensive short-courses, Dale co-founded Wealth Within to provide ‘ real education and ongoing personalised support’, as well as independent investment advice to traders and investors who have become disillusioned by the market for one reason or another. As testament to this, Wealth Within launched Australia’s first and only nationally accredited Diploma and Advanced Diploma of Share Trading and Investment.For more information please visit www.wealthwithin.com.au