In the Media

Hosts of the show interviewed Dale chief analyst of Wealth Within about why people should  not take financial advice from their friends.

Wealth Within chief analyst Dale Gillham says Crown Resorts jumped 22 per cent to a high of $14.37 on Wednesday with news of a possible takeover by Wynn but fell on Thursday after the Wynn backed out. Seven West Media shares rose on the back of news that it finalised the sale of its 50 per cent stake in Yahoo7 on Thursday for $20.6 million to Verizon Media. Crown ended up around 12 per cent while Seven West rose around 10 per cent.

There are more than a million self-managed super funds in Australia. But that carries its own risks, and may not be the right option for everyone. The ABC 7.30 Report interviewed Sue-Ellen Kirby, a former student of Wealth Within on how she secured her financial independence by completing the accredited Diploma share trading course.

Wealth Within chief analyst Dale Gillham said given that market volatility is down, the All Ordinaries index could rise up until early May to between 6,500 and 6,700 points and then fall into a low in May or June. Alternatively, the current rise will stop over the next week or so and the market will fall away into a low in early May and possibly June with the fall likely to be around 8 per cent in price... 

According to Dale Gillham, chief analyst at Wealth Within, the big news last week was the Federal Budget along with the RBA meeting on interest rates. Both had the potential to affect our market, but so far neither is raising any alarm bells as the All Ordinaries Index has continued to rise. What went relatively unnoticed was the fact that market volatility continued to ease and is now reaching its lowest levels since October last year. This is quite interesting given that the market rose last week to 6300 points yet volatility fell...