In the Media

Finder's RBA Survey: Cash Rate Rise to Cost the Average Homeowner $801.00 per month

Finder.com.au - 06 Sep. 22

Homeowners on a variable mortgage rate have been stung with yet another rate hike and can expect to pay thousands more in interest per year, according to Finder. In this month's Finder RBA Cash Rate Survey, 36 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy. Dale Gillham, founder of wealth management firm Wealth Within  was featured as one of the contributing experts to the RBA survey of Finder.com.au and this is what he had to say: Whilst the RBA in past said it would not raise rates until next year, they have since made it reasonably clear this thinking has changed and that they will most likely continue to raise rates until the end of this year...

Is the US Stock Market a Crystal Ball for the ASX?

Money Magazine - 02 Sep. 22

Speaking to Money Management, Dale Gillham, chief analyst at Wealth Within, said "Every day, we hear news about the performance of the US stock market, as if this is a magical crystal ball as to how the Australian market will unfold. Indeed, some investors wait, in anticipation, for the news, so they can make decisions about what to do in our market. More recently, there has been speculation from retail investors that the US market will have the largest meltdown in history, with many Australian investors concerned that our market will follow. So, will the US market crash and should investors take action to avoid getting caught out?...

Is a Cannabis Consolidation Coming in Australia?

Proactive Investors New - 26 Aug. 22

According to Dale Gillham, chief analyst at Wealth Within - right now, the cannabis industry in Australia is very immature, which makes these investments highly speculative. Given this, investors need to be very selective about what they choose to buy in this sector. This year, investors have watched their capital go up in smoke with cannabis stocks – they have performed poorly, with falls of up to 50% or more. Looking at 21 of the largest cannabis stocks, only three have made a gain in 2022, including Cronos Australia Ltd (ASX:CAU) up 70%, Botanix Pharmaceuticals Ltd (ASX:BOT) up 41%, and Hygrovest Ltd (ASX:HGV) up 22%...

Crypto or Kryptonite? How to Keep Your Cool with Bitcoin’.

Money Magazine - 11 Aug. 22

Money Magazine ran an article based on Wealth Within's Chief Analyst Dale Gillham’s weekly market wrap. Mr Gillham said, "Bitcoin crashed 73% between October 2021 and June of this year before turning to rise strongly. So, is the current rise a sign of things to come or is it just a sucker's rally?" Last weekend, Bitcoin hit a high of 25,554.38, which represents a rise of more than 36% or 1.5% per day in the last 56 days since its low on June 18. While most investors would love to find stocks that rise at this rate, as with anything that rises at such a sustained rate, we need to accept higher levels of volatility and risk, and Bitcoin is no exception...

How are Aussies Investing Their Money Amid Economic Uncertainty?

Savings.com.au - 11 Aug. 22

With investors looking to place tax returns into the stock market, Wealth Within Chief Analyst Dale Gillham said the strong move up in July for Australian stocks is a very good sign, however, markets don’t just rise, they move up in stairs. “We are in reporting season and while we will see some good results, you need to expect the unexpected, which means the market or stocks you are looking at may be volatile for a short period of time,” Mr Gillham said...