In the Media

Statistics point to economy on mend

Geelong Advertiser - 13 Jun. 15

Are you a "glass half full" kind of person, or is your glass "half empty"? Your reaction to the latest unemployment data could well depend on the direction of the level in your glass. Is it up or down? This week the Bureau of Statistics released the latest unemployment data, showing a drop, and very importantly, a fall to the lowest level in 12 months. If your glass is half full you may view this positively. You may also consider how our lower dollar makes exports more attractive, housing starts and finance are pointing up, and business confidence is slowly improving, all of which are positives for our economy, even if some data is still below trend. All we need now is greater investment in infrastructure...

Take Your Position With Contracts For Difference

Money Magazine - 09 Jun. 15

Dale Gillham, chief analyst at Wealth Within, agrees: “Anyone wanting to trade CFDs needs to know how to trade first. Unless you can trade effectively in unleveraged markets like shares, then moving into a highly leveraged market is financial suicide.” To help people decide whether trading is really for them and to then choose the market they wish to trade, Wealth Within has developed a 11-lesson video course, called Trading Mentor, on trading for beginners. “Completing this course is a simple way to learn whether trading is the right fit,” Gillham says...

How Many Stocks Should You Hold?

Australian Securities Exchange - 09 Jun. 15

We have all heard the mantra that we need to diversify to reduce risk, but the majority of investors do not really understand diversification in its true sense, nor the inherent risks. According to the financial services industry, you can achieve greater diversification by investing in managed funds rather than investing directly yourself. This is based on managed funds being able to hold anywhere between 30 and 100 different stocks in their portfolios. To the investor, this probably sounds logical. But following this mantra often leads to poor returns and actually increases risk rather than decreases it...

Sending Them Packing

Herald Sun - 06 Jun. 15

Janine Cox, an analyst at fund manager Wealth Within, also says most of the fall is over. "The market is likely to settle and rise next week or the week after," Ms Cox says. “The All Ordinaries index has fallen for seven weeks since the high in April — typically our market falls between five to eight weeks. “Given this, much of the current fall is likely to have occurred, although volatility is likely to remain into early July.” It’s not all bad news, either, according to analysts. The recent price falls could mean discounted buying. “With the recent fall, valuations have come back which means prices are at more favourable levels for buying opportunities...

How About a Bigger Tax Return

Rescu.com.au - 02 Jun. 15

It’s almost tax time again, and depending on whether you expect to receive a tax bill or tax cheque may determine how you feel about doing all of that preparation to lodge your return. Now, if you find yourself a bit out of your depth when it comes to tax, then it is really important that you know the tax lingo, and I’m here to shed some light on some of the common terms and possibly help you maximise your chances of a bigger tax refund. Some of you may have more than one return to prepare, particularly if you receive an income in your own name and perhaps hold assets in a trust, or company...