In the Media

ASX Set to Dive after Turbulence on Wall Street

Australian Financial Review - 21 Jul. 21

Dale Gilham, chief analyst at Wealth Within, says the ASX is still to hit a yearly high. “For a second week in a row, the All Ordinaries Index has been relatively flat with the index barely in the green for the week,” he writes in a note. “That said, it rose early in the week to achieve a new all-time high of 7655 points by mid-week, which is just above my target of 7600 points. As I said last week, while it is possible the Australian stock market could trade higher, it is wise to be cautious and it may pay to prepare for the market to fall away anytime soon...

The Pandemic has Inflated your Energy Bill? Here’s what to do

nestegg.com.au - 20 Jul. 21

Energy bills are hard to avoid, but controlling their cost may not be as complicated as first thought.Speaking to nestegg earlier this year, Wealth Within chief analyst Dale Gillham said that regardless of whether we’re talking about private health insurance, your energy bill, mobile phone or credit card, “it is up to everyone to ensure you are getting the best deal every time as your renewals rollover” because the price tag of loyalty taxes grows more quickly than most people think it does...

Finder’s Consumer Sentiment Tracker: Aussie Savings Hit Lowest Level Since March 2020

Finder.com.au - 14 Jul. 21

As millions of Australians face uncertainty about extended lockdowns and restrictions, savings levels have dropped to their lowest point since March 2020, according to new research by Finder. In this report, Finder breaks down the most interesting results – and ask a select sample of 13 leading economists from Finder's RBA Cash Rate Survey to weigh in on the results. Dale Gillham of Wealth Within said while there are more jobs being advertised, many areas are having trouble filling positions. "I do not see any impact job mobility will have [on wages]," Gillham said...

The Big Mistake that Young Investors make when it comes to Diversification

nestegg.com.au - 12 Jul. 21

According to Wealth Within chief analyst Dale Gillham, it is very common for investors to overdiversify given that the majority don’t really understand the true meaning of the concept. Mr Gillham said that while many investors are able to grasp the idea of spreading risk around rather than concentrating all of their funds in one pool, they often fail to understand or define the concept of risk. He said that there are two different types of risk that investors need to be aware of, systemic risk and specific risk.“In order to construct a portfolio correctly, investors need to understand both of these concepts,” he said. “Failure to do so means that investors are taking higher risks than they need to, which I refer to as de-worsification, which results in average returns at best...

Are COVID Restrictions Making Sydney Airport a Cheap Acquisition?

Money Magazine - 09 Jul. 21

According to chief analyst of Wealth Within, Dale Gillham, there has been an increase in corporate actions over the last month reports Dale Gillham which could be a sign the market is near the end of a bull run. This week, Sydney Airport is in the spotlight, as it has risen more than 30% on the announcement of a takeover bid from a group that includes Q Super, IFM Investors and Global Infrastructure Management. The group announced an all-cash offer of $8.25 per share to buy out Sydney Airport Holdings and while I believe the offer is low, you can't blame them for trying, as it would make Sydney Airport a cheap acquisition...