In the Media

Is the 'Sun Setting' on BNPL Darlings?

Money Management Powered by FE - 01 Dec. 20

Buy now, pay later (BNPL) providers are unlikely to win the battle against established players such as Visa and PayPal if they enter the market, with investors warned it might be wise to exit the market. Chief analyst, Dale Gillham, described how the major players had let the smaller ones “take all the risk” and would swoop in now the BNPL practice was established. The challenge for companies in the BNPL space is that the big players in the short-term finance and payment gateway system have sat back and let these new fintech’s develop the market and appetite for BNPL. In essence, they let the new players take all the risk and now the big players are beginning to enter this space...

RBA Delivers Final Rate Day Call of 2020

Lawyers Weekly - 01 Dec. 20

In this special announcement, in partnership with Legal Home Loans, learn the outcome of the Reserve Bank of Australia’s December board meeting. Having cut rates to a historically low 0.10 per cent in November, the RBA has acted as many economists predicted holding the cash rate in December. Prior to the announcement Wealth Within’s chief analyst Dale Gillham believed the Australian economy was in a stronger position than many expected, despite the first recession in nearly three decades. “Things are not as bad as they could be and so the recession is likely to be short-lived and so interest rates are unlikely to fall further...

Afterpay: Has the Sun Set on Buy Now, Pay Later Shares?

Money Magazine - 27 Nov. 20

Over the past few years, Australians have flocked to buy now pay later services (BNPL) due to an explosion in companies offering this service, including Afterpay, Zip.co, Sezzle and Splitit to name a few. The attraction of these BNPL services has also seen share prices skyrocket as retail investors speculate on these fintech companies. Afterpay (APT) has performed the best, up 261% between January 2 and October 20 this year while Zip.co (Z1P) was up 200% between January 2 and August 27. But has the sun set on these stocks or is there more to come...

When Should You Use a Stockbroker?

Canstar - 20 Nov. 20

Because of the lockdowns due to COVID this year, there has been an influx of new traders and investors interested in trading the stock market. Consequently, many newcomers have been asking questions about how to buy and sell stocks, and should they use a stockbroker? How do you buy and sell shares? To answer this question, it is important to understand the process of how buying and selling stocks takes place. The two ways you buy and sell stocks is either “off-market” or “on-market”...

Investors Should Watch Where the Money is Flowing, Not Where it Has Been

Finfeed - 13 Nov. 20

The secret to investing successfully is to know where the money is flowing. Although, for retail investors this can be a little challenging depending on what you want to invest in. But if you decide to invest in the stock market it is very easy to track the money flow, as the data is always transparent and easy to find on the ASX website among others. The best way to identify where the money is flowing is to look at each sector and how they are performing...