In the Media

Two Major Lies That Are Hurting Your Investing

Money Magazine - 29 Apr. 22

Speaking to Money Magazine, Dale Gillham, Chief Analyst at Wealth Within said, "We all want to have more money so we can live a comfortable life in retirement, yet the vast majority of those who retire rely on some form of government pension. Why is this the case when we all have the ability to generate extra cash flow to create more financial security for ourselves? Unfortunately, when it comes to building wealth, there are two major lies we tell ourselves that stop us from investing or finding ways to generate additional cash flow. The first is that we tell ourselves we need to be right but when it comes to making an investment decision...

Gen Z and Millennials Leading SMSF Charge

Savings.com.au - 20 Apr. 22

Gen Z and Millennials are just as likely as Boomers to invest in SMSFs, according to a new survey from investing platform eToro. Dale Gillham, Chief Analyst at Wealth Within, believes a number of people will stray away from their industry or retail super funds for SMSFs later this decade. "Right now, around 28% of all SMSFs funds are invested in listed shares, which means they are important to our stock market," Mr Gillham said. "But the industry continues to propagate that SMSFs are too hard to manage and too costly to run, although in my experience, it is the exact opposite. "There are many providers with low cost services that assist SMSF trustees to set up and properly manage an SMSF...

Which Market Performed Best in Q3?

Money Management Powered by FE - 06 Apr. 22

The ASX 200 was the only major market to report positive gains during the third quarter of 2021/22. Looking at data from FE Analytics, over the three months to 31 March, the ASX 200 returned 2.2% compared to losses by global markets. It was a case of large-cap stocks being the best performers over the period with the ASX 50 returning 4% and the All Ordinaries returning 1.6% compared to losses of 4.2% by the ASX Small Ordinaries. The ASX 50 included commodity stocks like Woodside Petroleum which was up 54%, BHP up 30%, South32 up 28% and Santos which was up 24.7%. Dale Gillham, Chief Analyst at Wealth Within, said: “I do believe this trend will continue, therefore, I would advise investors to stick to the top 50 stocks in the Australian market if they want to achieve some good profits”...

Finder's RBA Survey: 88% of Experts Expect a Rate Rise at Least Once in 2022

Finder.com.au - 04 Apr. 22

The majority of experts aren't predicting a rate rise in April, but agree that it's on the cards for 2022, according to a new Finder poll. In this month's Finder RBA Cash Rate Survey, 34 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy. Almost all panellists (97%, 33/34) are expecting a cash rate hold in April. Dale Gillham, Chief Analyst from Wealth Within said, "This month the Australian dollar is moving up against other major currencies should this continue it will reduce the costs of imports, especially oil which has been a large factor driving up CPI. It is also likely that oil prices may have also peaked and should start to fall, this will relieve some of the pressure to raise interest rates...

Hydrogen: The Next Big Thing on the Stock Market

Money Magazine - 01 Apr. 22

Over the past decade, the desire for electric vehicles has grown, so much so that rather than being a novelty they are now becoming mainstream, said Dale Gillham, founder of wealth management firm Wealth Within. As a consequence, Australia's rare earth miners have benefited with lithium being the big winner. This decade, rather than focusing on battery technology, there has been a big push toward renewable energy sources and hydrogen is shaping up to be the next big thing that investors should be looking at. The Australian Renewable Energy Agency (ARENA) reported that both the government and industry has undertaken a substantial amount of work in this area to quantify the opportunities in renewable hydrogen in Australia...