In the Media

Micro-investing v Retail Trading: Which is a Better Wealth Generator?

nestegg.com.au - 04 Aug. 21

More and more Australians are jumping into the app-based wealth-generation game, but are retail trading apps a better bet than the hands-off merits of micro-investing? Back in June, Wealth Within chief analyst Dale Gillham warned that “what most retail clients fail to understand, however, is that when they trade with a broker who is a market maker (where they make the market), they decide on the spread between the bid and ask price. Typically, this spread is much larger than a broker who mirrors the underlying asset. What this means is that the profits you could make amount to a lot less, and your losses are much larger when trading with a market maker. So, while it may be commission-free, you are paying one way or another,” he said...

What $39 Billion Afterpay Takeover Means for Shareholders

Money Magazine - 04 Aug. 21

Market darling Afterpay will be acquired by American payments giant Square for $39 billion, in what represents the largest takeover in Australia's history. So what does this mean for Afterpay shareholders?  "If it were on its own, the road ahead for Afterpay would have been challenging as it faced increased competition from Apple and Google along with banks and others wanting to get into the BNPL space," says Dale Gillham, chief analyst at Wealth Within. However, it may be too late for new investors to jump on the buy now pay later bandwagon. Investors not in Afterpay already have missed the boat, there is no real upside unless you wish to eventually own stock in Square...

RBA Survey: 63% of Experts Say Sydney Lockdowns could Cause Another Recession

Finder.com.au - 02 Aug. 21

With Greater Sydney set to be in lockdown until at least the end of August, the majority of experts who weighed in (63%, 19/30) believe that the lockdowns could see Australia enter another recession. Dale Gillham from Wealth Within said "The current COVID outbreak has slowed our economy once again and whilst we may be able to avoid going back into a recession, it will be close. Given this it is highly unlikely the RBA will move to increase interest rates in the next 6 to 12 months, whilst in the short term they may consider moving them lower, although I do not think they will...

The Most Undervalued Stocks on the ASX

Canstar - 29 Jul. 21

Following a strong rebound across the broader market - reports Dale Gillham from Wealth Within,  the Australian stock market is up around 70% from the COVID-19 low in March 2020 and as such it can be difficult to select undervalued stocks in the current market. That said, looking for undervalued stocks can still be worthwhile as it is possible to achieve great returns when you find good quality stocks selling for potentially less than they are worth...

Is Afterpay the next Stock to Watch?

Money Magazine - 23 Jul. 21

Dale Gillham, stock market analyst from Wealth Within, said Afterpay is the leader in the Buy Now Pay Later (BNPL) space and it has now signalled it wants to get into banking in the hope of reducing its reliance on BNPL. Some analysts are suggesting this is a great move, which will create enormous upside potential for Afterpay's share price, while other analysts are not so positive. While the big four banks dominate the banking sector in Australia, many new entrants have tried to break their stranglehold, so it will be interesting to see if Afterpay can make any inroads...