In the Media

ASX, Wall Street Fears: Should you Buy, Sell or Hold?

Yahoo!7 Finance - 22 Sep. 21

Investors alarmed by the significant drop in the share market on Monday have been cautioned by experts against tampering with their portfolios, and to view the volatility as an opportunity to snap up certain stocks for bargain prices. So what should you do with your money? That will depend on what your goals are as an investor. “Short-term traders or investors will be inclined to sell some or all of their holdings if they have not already,” Wealth Within chief analyst Dale Gillham said. But if you’re in it for the long haul, there’s no need to react. “Those with a long-term view will just treat the current move down as part of the ride and hold... 

Falling Iron Ore Prices Continue to Drag on Major Miners

Sydney Morning Herald - 11 Sep. 21

Market watchers remained unfazed by the local bourse's lacklustre week, arguing there is not yet enough evidence to suggest the market was heading for a major correction. Dale Gillham, chief analyst at Wealth Within, siad the market had largely been driven by drops in miners and banks on Thursday, which make up the majority of the index. "Stock markets typically crash because of rampant specuations, which is an emotionally-charged bull run where the masses suffer from the fear of missiong out (FOMO). This also leads to the overuse of leveraging...

82% of Experts Say Vaccine Passports are an Economic Necessity

Finder.com.au - 06 Sep. 21

Vaccine passports will be an essential tool for economic recovery, according to experts in a new poll from Finder. In this month's Finder RBA Cash Rate Survey, 40 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy. Dale Gillham, Wealth Within comments: "With around half of Australia in lockdown, the economy is really in a state of uncertainty as to what the future will bring. Given this, consumers and businesses are being conservative right now and I believe we will not see any strong growth for at least the six months to one year...

It's Labor Day in the US, but the ASX Won't be Celebrating

Proactive Investors New - 06 Sep. 21

Wall Street stocks finished the week mixed as the market took into account a potentially slower phasing down of monetary stimulus. According to Dale Gillham, chief analyst at Wealth Within, "Last week the Australian stock market almost repeated the trend of the prior week given that it traded up early in the week before turning down late. This is a reminder that it's important to wait for confirmation of direction before making a decision. "Previously, I indicated that while the market was technically bullish, it is searching for a two year high and if the All Ordinaries Index trades down this week, it may be starting its move down into the low that is expected in September or October...

Three Strategies you Should Avoid when Investing in Shares

Money Magazine - 03 Sep. 21

This week, ASIC released an article warning people of the common tactics used to get individuals to invest in shares says Dale Gillham, founder of wealth management business Wealth Within. The article, Don't believe the hype, goes into three areas that are used to take advantage of retail investors. I have voiced my concerns about these practices in the past, as they have little to do with clients profiting from good investment strategies and everything to do with the provider making money regardless of the outcome for the consumer...