In the Media

Young People Becoming More Motivated to Invest

Sydney Morning Herald - 25 May 21

Hundreds of thousands of younger investors are dipping their toes into the Australian sharemarket. Many have opted for direct shares or Exchange Traded Funds, cementing their place as the most accessible and widely used investment options. Dale Gillham, chief analyst at Wealth Within, cautions that some young people are largely unaware of the risks they are taking with their money. “Many are simply gambling by taking stock tips from unreliable sources, such as chat forums or YouTube, or using apps on their phones to trade the stock market like it is a game. As hundreds of years of market history tells us, anyone can make money in good times and I suspect these people are likely going to get a costly lesson when the market turns,” Gillham says.

Market Wrap: Is now the Time to Buy Mining Stocks?

Money Magazine - 21 May 21

In the last year, there has been strong demand from China for Australia's iron ore, resulting in the commodity rising from around $90 to a high of $218, which has also translated into strong rises for our Australian miners, states Dale Gillham, chief analyst at Wealth Within. The biggest gain this calendar year is Grange Resources, which is up 75.58% followed by Champion Resources up 45%, while BHP, which is our largest miner, has risen just 13.79%...

Need for Patience with Oil Stocks

Money Management Powered by FE - 21 May 21

While oil prices are up 30%, the returns for the Australian oil producers have been muted since the start of the year as the impact of the COVID-19 pandemic has reduced demand. Wealth Within chief analyst, Dale Gillham, said the impact of COVID-19 on certain countries had reduced demand for the commodity. “Coronavirus cases have dramatically increased in India, which is one of the world’s largest importers of oil and, as a consequence, the demand for oil in India has fallen strongly. However, as the rest of the world is starting to open up, there is greater demand for oil, which is currently outstripping supply,” he said…

Buyers Not Convinced it’s a Good Time to Buy Property

The Market Herald - 11 May 21

When asked about whether prospective first-time buyers with a deposit saved may miss an affordability window if they do not purchase within the next year, Finder's panellists of 16 experts and economists were divided. In total, nine experts said they would miss out, while the remaining seven said they wouldn't. Wealth Within stock-market analyst Dale Gillham did not believe buyers would miss out by holding off. “I have never seen a time when we thought property was cheap for anyone let alone first-time buyers,” he said...

Confidence in Buying Property Across Australia Plummets in Finder Survey

news.com.au - 10 May 21

A group of 16 experts and economists from Finder’s RBA Cash Rate Survey were asked to analyse some of the results from the survey. The panellists were torn on whether first-time buyers who had saved a deposit would miss an affordability window if they did not purchase within the next year. Nine of the 16 experts said first home buyers would miss out while the remaining seven said they would not. Dale Gillham, stock market analyst from Wealth Within, said first home buyers should not be worried...