In the Media

Bitcoin down on recession fears; banks up, but for how long?

Proactive Investors New - 08 May 23

The ASX drove higher today, with the S&P/ASX200 gaining 52.50 points or 0.73% to 7,272.50 and crossing above its 125-day moving average. Over the last five days, the index is virtually unchanged, but is currently 3.90% below its 52-week high. “The Australian stock market has continued to unfold as expected, as it fell for seven days into the low on 27 April before rising two Fridays ago and Monday of last week,” writes Wealth Within founder and chief analyst Dale Gillham. “Short rebounds like this are not uncommon when the market is falling, which often catches investors out. This week has been no exception, as the Australian market resumed its fall into my target zone of around 7,330 points over the last three days to Friday...

Finder’s RBA survey: $15k (and counting) Added to the Average Annual Mortgage

Finder.com.au - 06 May 23

In this month’s Finder RBA Cash Rate Survey, 39 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy. Dale Gillham from Wealth Within said: "The RBA tends to overshoot as getting the right balance is not that easy. Whilst the economy has slowed somewhat, it may not be enough and so I think the RBA will increase the rates by another 25 basis points...

Why You Should Become Friends with the VIX in the Stock Market vs How to Track the Sharemarket Volatility Index

Money Magazine - 28 Apr. 23

Money Magazine spoke to Dale Gillham, chief analyst of Wealth Within and here's what he had to say - When it comes to the stock market, there are two metrics the big end of town follow - momentum and volatility. In simple terms, they're looking to identify the direction and strength of a move as the market changes from equilibrium to disequilibrium. Momentum and volatility arise from periods of disequilibrium, and if we understand this we can use tools such as the volatility index to provide an indication of the direction and strength of the market. In Australia, it's the S&P/ASX200 VIX Index that measures volatility to provide insights into investor sentiment and expected levels of market instability. So, how can investors use this information? By studying the VIX, you can identify the sentiment of the market at any given point in time, which means you can avoid making poor decisions while at the same time potentially profiting from this knowledge...

Finder's RBA Survey: 55% of Experts Predict a Cash Rate Rise in May

Finder.com.au - 28 Apr. 23

In this month's Finder RBA Cash Rate Survey, 42 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy. Dale Gillham, Wealth Within said "CPI rose in the December quarter and the March quarter figures are due this coming week and I suspect whilst it may report a decrease in CPI, it is unlikely to be enough. The RBA generally over shoots interest rate rises and I think we will see one more in the next month...

Wealth Within’s Three Key Principles for Wealth Creation and Why People Never Get to 2 or 3

Stockhead - 27 Apr. 23

Wealth Within chief analyst Dale Gillham reckons there are three laws of wealth creation that have worked for hundreds of years and will for hundreds more as they enable people to stop losing and start making money consistently along with providing greater control and freedom. In How To Beat The Managed Funds By 20% back in 2004, he introduced readers to the three laws to successful wealth creation and told Stockhead he never imagined how nearly two decades later he would till be talking about them. “In fact, when chatting to those wishing to be authors I advise them to never write about something you are not passionate about as you will be talking about it forever like I have,” he said. “That said, I know with absolute certainty that many only give these principles a fleeting glance as they mistakenly believe they already understood them...