In the Media

Which Sectors Led FY20/21?

Money Management Powered by FE - 09 Jul. 21

According to Wealth Within, the financials sector rose 19.6% over the year while consumer discretionary rose by 19.3%. Utilities was the worst-performing sector with losses of 8.3% while technology, traditionally a high-performing sector, was down 0.8% after seeing a sell-off towards the end of 2020. Dale Gillham, chief analyst at Wealth Within, said: “It is reasonable to assume that the financials and consumer discretionary sectors may slow down over the rest of this calendar year while opportunities are likely to come from utilities, information technology and energy. Of these, I like the energy sector the best although I also believe opportunities will also come from the industrial sector...

Best Performing ASX 200 Shares in June 2021

Canstar - 06 Jul. 21

Wondering who lead the pack in the local stock market last month? Canstar ran an article based on Dale Gillham's monthly forecast. We looked at the best performing ASX 200 stocks in April 2021, and have an update on how Australia’s biggest companies have performed. The ASX 200 gained 2.1% in June, but the best performing stocks for the month easily outshined the index. The top performing stocks in June 2021 were Altium Limited (ASX: ALU) gained 29.8%; Afterpay Ltd (ASX: APT) gained 27.4 and Pro Medicus Limited (ASX: PME) gained 24.7%. As for Australia’s biggest companies by market cap, it was a bit of a mixed bag with some companies making respectable gains and while others made losses...

RBA Survey: 68% of Experts say NSW Property Prices will Peak this Year

MSN - 05 Jul. 21

First home buyers would get a $25,000 grant to help them enter the market in NSW in a government move to overhaul property tax. More than half (55%, 17) of experts believe that the new $25,000 NSW first home buyers grant should not be implemented in other states, due to fears that it could increase property prices even further. Dale Gillham, founder of Wealth Within, said this grant is not helping fix the problem. "We constantly hear that property is overpriced and that first home buyers struggle to enter into it. Encouraging more demand from first home buyers only perpetuates this snowball," Gillham said...

The Best and Worst Performing Shares this Week

Money Magazine - 02 Jul. 21

            
We have come to the end of another financial year says Dale Gillham, Chief Analyst at Wealth Within, and it is at this time that I recommend investors take a look back at what has occurred in the markets over the last 12 months, as this will provide insights into where the opportunities will be in the next 12 months. By June 30, 2021, the All Ordinaries Index had closed up 10.72% for the financial year and historically the Australian stock market achieves a yearly return of between 10 and 20% more than 40% of the time...

Few Aussies Say it’s a Good Time to Buy Property Due to Recent Boom Prices

news.com.au - 30 Jun. 21

Booming property prices have buried Australians’ optimism about the housing market and few now think it is a good time to buy a home. This is despite record low interest rates and a raft of government incentives for first homebuyers. Finder.com.au’s latest insights report showed buyer sentiment, measured by the proportion of Aussies who say they think it is a good time to purchase, has dropped to just 39 per cent. Wealth Within chief analyst Dale Gillham said many Aussies may have reached the point where they are considering other assets for investment. “We are seeing a large percentage looking at cryptocurrencies and the stock market for easier access and better returns,” he said...