In the Media

Mixed Sentiment as Hamas Attack puts Markets on Edge

Investing.com - 09 Oct. 23

As usual Wealth Within chief analyst Dale Gillham gives us his view on what to expect from the market in coming weeks. "As expected, the All Ordinaries Index experienced its third week down in succession moving to a low of 7,062 points. This level is significant as it is a strong support level for the market and, as mentioned previously, my target price for the fall. That said, while the market may find support and start to rise again, this is not guaranteed. “While some levels are stronger than others, they are only a guide to where a stock or market may turn and so while we may see signs that the fall has ended in the next week or so, this still needs to be confirmed before we jump into the market. That said, we don’t buy the market, we buy stocks, and some will lead the charge. If a stock you are watching triggers a buy, there is a good probability you will do well...

The morning catch up: Crisis averted in the US; holidays slow down the local market ahead of RBA meeting

Proactive Investors New - 02 Oct. 23

Wealth Within chief analyst Dale Gillham looks ahead to what to expect from the ASX in the coming weeks. “In stark contrast to recent weeks, the All Ordinaries Index experienced a second week down. While this may be an early sign that the roller coaster ride of late may be easing, it is too early to tell. “While I still believe we should expect further falls, I believe the worst may be over and that the Australian market won’t fall much further. The good news last week was that the All Ordinaries Index did fall below the low set the previous week. “As we move into October, many people believe it is the worst month in the market but this is simply not true. Historically, the month of October tends to finish in positive territory, which is why I remain positive about our market overall...

Why Smart Investors Will Be Watching China

Money Magazine - 29 Sep. 23

Money Magazine ran an article based on Wealth Within's Chief Analyst - Dale Gillham’s weekly market wrap and here is what he had to say - There is an old saying that when the US sneezes Australia catches a cold, however, in recent times this has shifted as China has become increasingly important to Australia, with many companies benefiting from trading with China. It's no secret that China's real estate sector has been in trouble in recent years after experiencing over 20 years of property growth following the privatisation of property in the late 1990s. This was driven by urbanisation as millions of citizens moved from the countryside to the city. As demand grew, so did the size of property developers, but the sector became overheated, which caused China's second biggest developer, Evergrande to default on their debt and seek bankruptcy protection in the US...

Bank on Tomorrow By Leaving Yesterday's Returns in the Past

Proactive Investors New - 15 Sep. 23

Proactive Investors ran an article based on Dale’s weekly market wrap. If you trust the banks to hold your cash, then you should trust them enough to buy their shares writes Wealth Within's Dale Gillham. It’s well known that you can’t buy yesterday's returns, yet this is what a lot of investors do when making a decision about where to invest. What many fail to consider is that the investments that achieve the best return in the previous year usually don’t perform the following year. And when you take into account the effect of inflation on the overall return in recent years, it means investors have been losing out. The situation has been made worse given that CPI has also been high. This has made it hard for investors to make the right decision because investments need to achieve higher returns than CPI and fees – otherwise, their capital is eroding...

Renters Continue to Feel the Squeeze Even as Cash Rate Holds

Finder.com.au - 05 Sep. 23

Borrowers have been spared for another month as the RBA holds the cash rate in September. In this month’s Finder RBA Cash Rate Survey, 38 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy. The majority of panellists (97%, 37/38) correctly predicted the cash rate would hold in September at 4.10%.  With some calling for more supply, newly advertised rents have increased by 11% per year over the past three years. New Finder research revealed 6% have relocated from a major city to a regional area in the last 12 months. A further 7% are planning to relocate in the next 12 months. Dale Gillham, Chief Analyst from Wealth Within weighed in to say "The data is suggesting that the economy is slowing and pushing rates higher now and may force us into a recession, which I am sure the RBA wants to avoid...