In the Media

Stake to Add ASX Trading

nestegg.com.au - 22 Jun. 21

The menu of a handful of retail trading apps that offer access to both the Wall Street and Australian stock exchanges just got a little bit longer. Stake has announced that they’ll begin trading stocks and ETFs listed on the ASX later this year. Wealth Within chief analyst Dale Gillham recently warned that while trading in foreign exchange and other leveraged markets by retail clients has increased substantially since the COVID-19 pandemic began, a lot of the hype around such platforms leans on the inexperience of unwary retail clients. According to him, “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...

ASX Set to Dive After Turbulence on Wall St

Australian Financial Review - 21 Jun. 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...

Post COVID Stocks to Watch

Finfeed - 18 Jun. 21

According to Dale Gillham, Chief Analyst at Wealth Within this week, the Australian Bureau of Statistics released some good economic data regarding our economy, reporting GPD growth of 1.8 per cent for the March quarter, which is ahead of expectations and much better than many other countries. With vaccines rolling out across the world, everyone is looking towards 2022 where it is expected that life will return to something more akin to normal. So, which stocks will benefit as the Australia market and the world opens again and which stocks are likely to continue to struggle...

What are Loyalty Taxes and How can You Avoid Them?

nestegg.com.au - 16 Jun. 21

Even the best bargain can be tainted by loyalty taxes if left long enough. Here’s how you can avoid them. Speaking to nestegg, Wealth Within chief analyst Dale Gillham puts it in colourful terms. “There are two things that tend to creep up on you very slowly: the first is old age, while the other is loyalty tax. I know there are times when I have looked down at my waistline and thought, ‘Where are those extra few centimetres coming from?’ but I have also opened my mail only to question the annual renewal for my health and life insurance thinking the same thing.”...

Turbocharge Your Savings

Canberra Times - 12 Jun. 21

Low interest rates may help to cut borrowing costs, but can frustrate savers facing minimal returns. Investing can grow a deposit faster, but the type of property purchase and the time frame can determine the wisest strategy, Dale Gillham, founder of wealth management firm Wealth Within says. Low-risk options such as bank-issued term deposits may be more suitable for buyers with short investment time frames…