In the Media

How to Use Superannuation to Build Your Wealth

21st Century News - 07 Aug. 13

Most Australians will now have heard about the new reforms to superannuation. In reality most people don’t like change whether big or small, and we are all guilty at times of not stopping long enough to read the detail and instead react to talk of changes to taxation that could take a bite out of our savings. But perhaps this is a call to us all to take a closer look at our own financial health?  Generally, I see the recent changes around superannuation as quite conservative so forgive me if I don’t get on my high horse in support of those with very healthy super fund balances, who according to the changes will soon be paying 15% tax on any earnings above $100,000...

Long and Short of it

Money Magazine - 16 Jul. 13

"The odds on a 15% to 20% fall by early next year are high," warns Dale Gillham, executive director of investment education firm Wealth Within.  "The uncertain global financial and economic situation means anything could happen."  Share investors who have built up big paper profits from share gains over the past year or so can use a range of alternative strategies. As Gillham explains, these include: taking all or part of you unrealised gains now by simply selling shares; betting against the market by using traditional shorting techniques; buying put options or warrants; short selling contracts for difference (CFDs)...

How to Protect Your Wealth if Mr Right Takes Flight

Women's Agenda - 10 Jul. 13

Financial planners, stock brokers and estate agents tell me that more and more women are looking at ways to build knowledge and create wealth through investing and in a lot of cases have assets behind them before they decide to tie the knot and marry 'Mr Right'. Unfortunately it is not until something happens that we look at what we should have done - and this applies to any contract or agreement we enter into including marriage, buying a house, creating a share portfolio, establishing a business, and even buying insurance...

A New Years Fizzer

The Age - 08 Jun. 13

"FOFA wouldn’t have changed what went on in Storm," Wealth Within co-founder Dale Gillham says. Much will depend on how forceful ASIC is following its poor track record over Storm Financial and its tardiness in banning a crooked adviser at CBA. Gillham is even more scathing of the takeovers that FOFA has triggered that have turned the financial-planning industry into another banking oligopoly. Say you go to an adviser whose firm is owned by bank A and he recommends you take money out of a term deposit and put it in a bond fund. The choice comes down to bank A’s version or non-bank B’s...

Money Buys Power

Geelong Advertiser - 08 Jun. 13

It doesn’t take Einstein to work out how allowing donations to political parties can influence government policy. However, the money to fund our political system, which seems to be ever increasing, has to come from somewhere. What is important for all Australians to decide is whether governments ought to be permitted to accept political donations. Consider the political process in the US as an example of where this occurs and in my opinion has gone completely wrong. The saying "money is power" couldn’t be more true there and we have seen the ramifications of what happens to an economy when this occurs...