In the Media

Research House Warns on Performance Fees

Investor Daily - 14 Apr. 14

Speaking to InvestorDaily, Dale Gillham, director of boutique fund manager Wealth Within, said when it comes to performance fee funds it can be difficult for investors to establish what they will be paying so it is important for investors to focus on a few factors. “You shouldn’t be paying a performance fee on a negative return, regardless of whether it outperforms the index or the benchmark and the fund needs to have a high water mark before they start charging,” Mr Gillham said...

Cut Your Losses Short and Let Your Profits Run

Daily Telegraph - 10 Apr. 14

Selling a share that has suffered a 30 per cent, 40 per cent or 50 per cent loss shows poor money management skills that should be addressed, and selling profitable shares so as to offset tax often makes very little financial sense. The same applies to selling down profitable shares because they have become “overweight” and buying more poor performing ones because they are “underweight”. A mantra I’ve lived by is cut losses short and let profits run.

Look Past the Herd for China Forecast

Geelong Advertiser - 29 Mar. 14

Commentators have been saying that China is one bubble waiting to pop, however I don’t subscribe to fear campaigns and neither should you. So is there cause for concern for investors? Firstly, the Chinese economy is expected to achieve around 7.5 per cent growth, and could fall to around 7 per cent, which is still high relative to word standards at closer to 3 per cent. What is interesting is that a few years ago when Chinese growth was at dizzying heights of around 11 per cent, forecasts were indicating a fall to around 7 per cent...

There is More to Shares Than Beginners Luck

Herald Sun - 24 Mar. 14

Wealth Within’s founder and analyst, Dale Gillham, says when you know why you want to invest, you will also know what strategy to adopt. But "buy and hold" is not a strategy. "Using a buy-and-hold approach will see gains made during bullish periods and gains decimated when the bears take control." he says. "Use a stop loss to protect your capital. A stop loss is simply a price point where you sell a share if the trade turns against you. I suggest exiting at 15 per cent below your buy price. This will achieve superior returns because the portfolio will not suffer large losses...

Chinese Bubble Won't Pop

Daily Telegraph - 12 Mar. 14

Is China one giant bubble waiting to pop? I don’t subscribe to fear campaigns and neither should you. So is there any cause for concern for investors? Firstly, the Chinese economy is expected to achieve about 7.5 per cent growth, but could fall to around 7 per cent — still high relative to world standards, which are closer to 3 per cent. A few years ago when Chinese growth was at a dizzying 11 per cent, forecasts indicated a fall to around 7 per cent...