ASX Stocks vs Cryptos: Top 5 Stocks to Outperform Cryptos

thank you [Music] good evening and welcome to the Australian stock market show tonight's show is super exciting as it's all about deciding whether five of the best ASX stocks will outperform kryptos so is now the time to buy stick around and we'll give you the answer as usual we also have loads of stocks and interesting tips for your trading hello I'm Janine Cox your host for tonight and joining mirzdale Gillum and we're Australia's most trusted stock market educators good evening Mr Gillum how are you oh fantastic that's great to hear I think it's funny you've got a cold and I've got a busted Wing I know you do in a few ribs saw anyone would think you've been in a bit of a blue well I don't know maybe it's nothing I'm not going to get into the blue with you tonight that's for sure yeah that's right just poke you and then you'll be in pain yeah don't worry about that anyway but um I think we better get on with the show Janae otherwise all right I will get in the blue with you okay then now my quote for tonight comes from Warren Buffett stay away from it it's a mirage basically in terms of cryptocurrencies generally I can say almost with certainty that they will come to a bad ending and isn't that funny we didn't even try that I'm not sure it was but I'd say it was before the crash which one yeah the biggest one the 75 correction I'm talking about well there's a is it had a couple of questions crypto so from that point of view but it's not necessarily wrong I mean crypto is going to be quite volatile at all the times isn't it and being largely unregulated that's probably why he was talking about that I'd say you either disagree with him on that and could it be right again in a good investment sorry could it be good to put money into again that's the big question isn't it well he according to Buffett it's never a good time to put money into it that's right so is it a good investment that's the other question well investment or is it a more speculative type of thing that you trade well I think you've got to put that in a speculation basket any sort of crypto because of the lack of Regulation and that sort of stuff in there as well so that's probably what Buffett's talking about it's not really and investment and I think you know back 10 years ago when I talked about Bitcoin and all the ideas and thoughts and what they thought it was going to be by now a lot of them haven't really run true no no but if something's traded and there's a price for it and it's on a listed exchange that we're actually able to trade something I mean I'm sure he invested in small companies that were you know at the time more speculative yeah but then if you're talking about difference between buying a stock which is an asset and a crypto is completely different thing it is a different thing a new world don't we sorry I've got to walk into the new world at some stage I think we're sprinting at the moment okay if you're watching tonight's show on YouTube hit the Subscribe button now and get ready as Dale has a very special opportunity for you if you've got questions then it is your time to call into the show on 039290-9988 that's 03 9290-9988 if you prefer to text then you can pick up your phone and send your question to the number on your screen but we generally priority give priority to those who call into the show all right now to get things started the first person to call into the show will get a free copy of my second book accelerate URL so make sure you pick up your phone and dial us on 9290.9 double eight right now now before we get into the first section of the show if you are watching us on YouTube then I have a very special offer for you when we finish if you do comment below this video and then email us an image of your post then we will send you a private link in the first week of July to my analysis of the top 20 stocks in our market now I'll cover what I believe they'll be doing in the coming year you'll also need to be a subscriber to our YouTube channel so here it is again you need to post your comment below the video and then email an image of that to info at wealthwithin.com for talkingwells.com subscribers just relax because you'll automatically get this as part of your subscription in my weekly stock market report that you're getting right now it's time to call us on 92909 a double eight and while we wait for you to call in it is the second week in the month and this means we take a look at sectors in the Australian market so let's get into the charts Janine yes let's do do that all right on your screen right now is all of the sectors in the s p ASX 200. okay now so exciting um yeah I think I'm fine thank you okay that's fine keep going then so far so good all right so we can see there at the top of the screen we've got the information technology sector so we've seen obviously a burst in that sector this year up nicely 28.82 for the year communication Services up nine percent which is good to see Industrials 7.94 Health Care up 7 consumer discretionary up 6.76 percent interesting that consumer discretionaries actually up there and it's the head of Staples right now given the current environment you'd think it'd be would be the opposite wouldn't you well you'd think so yeah so that's a telling story I think then you've got utilities there up five percent and then Consumer Staples up only three percent so it's coals and woolies materials is a 1.86 so all of these ones towards the bottom are the ones that we think that you ought to keep an eye on so materials is obviously pretty flat but it started with this last month yeah because it was negative wasn't it um real estates we've added um which is up 0.35 percent energy actually down three percent at the moment and financials down almost what um minus 5.7 percent at the moment yeah you've got to wait I mean if materials keep going up like it has been the last month and then Financial start the 10-hour Market will be fairly bullish but it is interesting that energy is actually down but I was chatting to a gentleman today who is the founder of a big publication I've just gone blank on it that's what happens when you get older that's right um big Financial publication I was chatting to him for talking wealth.com and he was saying I was asking about the US market because it's U.S um and about obviously CPI continue to go up the US dollar what's happening with all of that and we're talking about their market and I'll say he was saying consumer discretionary and consumers Staples he would think that in the second half of 2023 we're not going to be reporting very good return bad good reports towards the end of the year with what's happening with CPI over in the US at the moment well that's really probably not a great deal surprise to anybody really well probably not but he was suggesting that the S P 500 is also going to slow down a lot because of it because it's been pushed Along by their information technology sector so he was suggesting that as well which would then auger for our information technology sector which seems to follow the US one even though none of those companies are on our exchange yeah amazing isn't it it's just amazing that it takes off and so people think well information technology in Australia is really good but it doesn't it's like I've been saying to you for ages there's the fund managers who are the big movers aren't they they're the ones that are just copycatting what's going on in the US yeah but why if there's not a value in the company here in Australia why keep buying it so it just doesn't make sense well we've seen stocks across within sectors moving pretty much exactly the same correct over a period of weeks and the chart looks so similar that it has to be it's an AI driven thing isn't it well it's got to be driven on by something doesn't it and it sort of belies logic to me but anyway um so did you want to look at the rrg graph there and just have a look and see what is happening look at it um look you're the one who loves talking about it so financials are actually heading into that lagging area right now which is interesting why don't you bring a bill to bring it up so everybody can see you have this bad habit don't you oh look I can see it sorry about that it's not too good you're not the one at least that's why you do need to say it but looking at this is financials this is this is the exciting that's the opportunity in the next few weeks when it gets into this this could start to turn into finding opportunities in that financial sector and starting to buy and I think that's looking really really good because obviously there's consumer discretionary there there's obviously Consumer Staples coming back but right over here you've got utilities coming right down through here but materials there it is right there it's our performing at the moment so it actually flipped it was in this section here and it turned around and flipped straight back up again but yeah that's really short term though isn't it which was really unusual so hopefully it keeps going that way um and then financials start to move up so that's what I'm thinking okay fantastic that is it for our thoughts on the sectors in the Australian market now remember if you want to participate in the show but you can't watch live you can send us an email with your questions to info wealthwithin.com please tell us if you watch on YouTube so you can ensure we answer you in the first part of the show that said if you like our show then you can watch the extended version on talkingwealth.com shortly after we finish if you're not sure whether to subscribe or not then take up your seven day free trial and you can watch tonight's show in full and loads of other content all right Jane now it's time we get into our first email question for tonight so whilst we wait for everyone to call or even text us let's get into it now we have an email this one is from Emmeline and she says hi Janine and Dale I was watching your episode will stocks go up in May and Janine made a comment on Acro formworks monthly chart flatlining perhaps due to a backup door listing I understood what a backdoor listing is but could you explain how it might affect stock prices uh really enjoy the value you put out there thanks Emily do you want to answer that look I thought the best thing to do is is to look at the chart and see the gaps now often That's The Telltale sign when you see a big gap on a chart particularly if it's a monthly chart and then the stock looks like it flat lines along the bottom it's generally a good indication it's not always the case but yeah but she's saying how does it affect the stock price of having a backdoor listing that's what she was like look I don't think it has any real material impact on it no because a backdoor listing really is just they've just bought a company that's just sitting on the exchange not being quoted so then the new company takes it over changes the name quite often too and then the price just goes rocketing up but it doesn't we haven't done a lot of study on some of those smaller stocks because generally it's those smaller stocks that we're talking about that have the back door listing you know they've just yeah so so I have to admit that I haven't actually done a lot of study on multiple stocks to see whether because you know historical prices affect future so it's really a question about whether you know that chart whatever it was or whatever that stock was before this new listing came in and took over whether that has a material impact on the price going forward and what we're saying is that the answer would be no no but in actual fact we we always say you've got to look at the history of any children because if it's it'll say ABC company is has stopped at stock been quoted on Exchange because the company's just crap it's not even trading it's not doing anything right yep so instead of taking it completely off the exchange that a new company comes in and buys completely 100 of it doesn't do what the other company does it all just folds the other company away I've seen arguments where people say okay there's been a company that's transformed it's the same company it's not about it's not about listing that but it's transformed into a completely different business so whether it was a different business before that it's not relevant it's more about it's still not about well why would data providers leave the data on there why would Optima have that data code that was there and the company that's okay changes code and can change this code but it's still from their point of view it's still one listing look I think we can continue to enable this one aren't you because the code is a code and data is data isn't it so we could have an argument all night long man you're going to lose it's fine okay that's great um all right I'll concede that one we've got a text Style by the look of this and this is actually is broken up an argument so thanks for doing that and this is actually from Liam now he's talking about Warren Buffett your quote tonight was from Warren Buffett do you have any more quotes from him you strongly agree or disagree with thanks Liam which one do you like I don't know there's like thousands of quotes out there from him but I wouldn't even know where to start oh look there's one I call prices what price is what you pay V is what you get I love that one and I think that's so apt because a lot of people look at what they're losing not what they're getting quite often but you know they think I want to trade small caps mid caps speculative stocks because they're only small prices but yeah but they're not considering what they're getting for that they're looking at the dollar value rather than the value so that's what you're saying price is what you pay but value is actually what you get when you're pricing it so they're not seeing what they get they're just looking at a small price thinking hey look I guess what we're saying Liam is that um Warren Buffett has some great quotes yeah absolutely we have used a lot more on the show before and we have actually agreed with them but in this case have we impacted differ you don't you don't agree with that one the cryptocurrency no the cryptocurrency one oh you don't agree with it no how do you know [Laughter] good on you cool all right well let's move on anyway but if you do want to be like lamb please send us in a text we'll give us a call on 929-0988 as we said the the we do prefer the calls but give us a call nine two nine zero double nine double eight and do it now let's get into our next email Janine which is from thusan I think it's how you say that it says Dear Janine and Dale firstly I want to give a big thanks for doing a really good job for investors recently I found your fabulous Channel I'm new to the market I'd really like to buy midcats mid cap stocks I've been studying lithium stocks for about the last six months if you can give a little opinion about gl1pl and cxo that would be appreciative regards thus sand uh we're not going to do all of those mate we might do one of those we don't generally do multiple stocks for anybody we just don't have the time to do that I'm interested in wine mid caps that's probably I know he doesn't say why mid caps if he's a new is it if he's a new to investing like your city is yeah what would you suggest you be doing sticking with the top 100 or top 50 at least anyway yeah why not the mid caps um look mid caps are more growth and more volatile stocks so they're generally better for better trading stocks so investors generally want to invest for the longer term they're not sort of in and out okay so you're saying as a as a new investor mid cap stocks are not where we should be looking at I think he should be up in the top 50 rather than in the okay what about lithium he's talking about lithium too um lithium look I mean they're more volatile so that's the question here with lithium I mean just have a look at one of the stocks I've got it on I know we did a show a little while ago on lithium so maybe he should go back and watch that show anyone lithium yeah and was that about a month ago six weeks ago or he'd quickly be able to do a search on wealth of Inns YouTube channel on the live okay so you want to go and have a look at this stock which is gl1 which is yes this is this is the first one that he's picked out of a lot um so just as an example of the volatility if you see that a stock has done this so we've got one two three four five six what's that 65 in six months that's a pretty good indication of the volatility of the share now obviously it means it could go up just as quickly or even faster on on the way back up here you can see there's some sort of a move up and then the similar move down it's taken a little bit longer to go down but it just shows the volatility on the weekly chart even if it stands out even more I mean it this stock if you take it in isolation and you're looking at this stock and thinking well what do I think of it it looks quite nice well I mean if you if he let's say he bought it and just buy and hold as an investor he bought it somewhere down there and he'd be sitting here he'd be going I'm up 500 but then he's had this huge big problem there's a lot of gifts that's a lot of ifs and so you could have bought it at the top too could have bought it up around there and then all of a sudden had a 62 fall or you could have brought it up around here and then had a 65 fall as you said so I mean I guess one thing that's a bit of Education if you if you're in a stock and you found it's Fallen 60 and then it's risen let's have a look at the Rise um it's so then it's risen whoop 200 percent and then it's Fallen another 60 odd percent then you know that this stock is not a Buy and Hold stock that's all I'll say yeah but I'm just saying he's gonna have to if he wants to buy stocks like this he'd be part of the whole big roller coaster up and down and and new investors just can't generally can't handle that sort of stuff because not over that sort of time frame or that sort of time frame so that's where you know Janine's advice is really really sound you really do need to learn how to be an investor um and that great trading stock though if you want to trade it if you're a good Trader and you've got to work it out again and then get out of it again too but as an investor really it's about dripping into the market as getting in good stocks and learning how the market works and how to buy and sell stocks without getting ones that are going to kill you but either way uh and so that's for why she's uh Janine's suggesting that sort of top 20 top 50 stocks first and then when you get a lot more experience then start moving it out from there but don't start on the mid cap I think that's really what you're saying yep that's wise all right Janine well we haven't got a caller as a as of yet so it is that is it for our emails for the first half of the show we do have more in the second half along with other opportunities to call in and text your question now it's time for our topic for tonight which is all about whether now is the time to buy air stocks ASX stocks or cryptos they'll be carving Bitcoin and our best pick of the ASX stocks we'll give you our view on whether the risk justifies the potential returns now in case you've not been watching you need to know that Bitcoin fell 75 and is recovering right now but will the recovery last now we will be comparing why the fall is important and what it indicates about the recovery we'll get into many ASX stocks down from their highs including BHP and Santo and some banks to share what will perform best in 2023 and we'll share the top five stocks that are likely to outperform cryptos this year you know Dale I'm so looking forward to this it's going to be exciting are you I couldn't have guessed at all really that you're excited about this I know you're excited about when we talk about crypto okay yeah because you love it when I talk about crypto don't you um when did you talk about crypto not lately but I know you do because you get you get me fired up like you did earlier on today so you haven't yet but anyway okay all right Janine I've had a little bit of fun so what's next well done we have some interesting information from a couple of articles I read we can talk about the titles and what investors can take away from that okay so what are we doing all right Bitcoin interest at lowest ebb since 2020 according to Google Trends so the interest in Bitcoin is the lowest since 2020. yep so jumping right which doesn't it what what does that tell you right now that a lot of people struggle with Bitcoin when it fell out of bed so that's what happens right what what happens when there's been a major Market correction people lose interest in it right so we we see it's like the wake after the GFC people lost interest in the stock market until we started to have a few moves up um in the market a few nice moves up that were being recorded in the media but this is sort of stuff we talk about with our students and teach them how to understand this because the most amount of interest in anything is just before a crash yeah and the least amount of interest is after a bottoms after it bottoms yeah because everybody's lost a lot of money and that's what happened with Bitcoin falling at 75 because that was like a second craft I had the crash which was 7 10 of 2018 or something yeah roughly and that was like 90 full I think wasn't it yeah there was a small one that was just so minute compared to what ended up and then I had somebody on my age on our YouTube channel saying you know when I said Bitcoin was going to go to 20 000 and they said it would go to 60 000 before 20 down uh and if I'm right you give me a copy of your book I still haven't had to send a copy of my book because I was right it went to 20 000 or below so to me Bitcoin is so predictable well we're going to talk about where we think it's going I'm not allowed to talk about it yet not yet it's too early but right now I mean it's just interesting to me that these sort of headlines are coming out right now but we've got more haven't we the Bitcoin just runs on speculation all the time until it does so what's the next okay well I'm just thinking as a worth reading between the lines you know or even taking a current contrarian view you know into getting to the next you know sort of bull market like everybody's that's what Buffett says buying Doom selling boom so if it's do me buy and if it's boomi sell that's right all right so um we've got another one haven't we I hope so should we take it otherwise this next one is actually from Forbes and it says a bloodbath sudden one trillion dollar crypto crash Sparks fresh coinbase warning and tanks the price of Bitcoin ethereum BNB xrp Cardinal doggy coin polygon and Solana so I mean first of all that doggy coin was interesting isn't it well everybody says Deutsche coin dog no I reckon they get it wrong because it's spelled dog e coin you know whereas everybody calls a Deutsche coin because I don't think they like calling it a dog e coin yeah but I just yeah I've never been excited about that one so Doge Doge yeah whatever it's still still not spelled doge is it all I thought you were saying Deutsche and like it's in the Deutsche but you know that's the thing is it's a club bath though no I'm not a good bus yeah I'm trying to say I'm not against cryptos I think you need to understand what you're doing but uh when you're talking about on a market this is a pure speculative Market this is not an investing Market it's a specular one okay let's just align this with with the the patterns that unfolded after the GFC or around the time of the GFC it was a bloodbath when the market corrected in the GFC correct and it was a bloodbath when the tech stocks corrected when they're almost at their bottom and now it's a blood bath after um crypto and Bitcoin in particular has come up significantly it's had a significant rise and then it's had a swift fall back just recently now they're saying Bloodbath yeah that doesn't surprise me and we're hearing there's lots of other things are being said at the moment as well so you've got you got Regulators onto this you've got you've got big exchanges who've gone Belly Up you've got right now binance is in trouble and that's the biggest exchange and it's because there's a lot of stuff happening there you've got all the big banks in Australia one isn't one has already banned transferring money through to crypto from their bank accounts the other three are looking at at the moment because of all the um I was going to say crime but uh what do you call it the scammers yeah okay so there's a lot of scamming happen so and there's a lot of Banks overseas that have already banned it as well so to me it's it's there's a lot more happening and the governments are taking a lot more attention onto this area at the moment about regulation because none of the exchanges are regulated okay so what you're saying is that all this Doom and Gloom will help their plot plot or Ploy absolutely to regulate everything to make it's just tighten it up to tid it up make it much more solid and much more robust as a system right so then it will be better for investors no it's still not an investor Market it is very much a speculators market it's not because the end of the day is there are some cryptos out there that are based by product but Bitcoin has no product it's supposed to be a means of payment and that's fair miserably so some some cryptos you can look at like a stock is that what you're saying some to yeah like ethereum that's right is different than Bitcoin um and so but there are other ones out there that are more product backed it's a little bit different but I can still so if we if we change if we take away the the fundamentals and the whole theory about whatever they are and we just purely look at the stock the sorry crypto charts we have a different opinion based on just looking at the chart I can trade crypto that's not a problem not saying that I'm just saying it's speculative it's not like an investors investors shouldn't be in a crypto because they're investors that investors invest in assets that grow yep okay and that have solid backing a lot of cryptos don't have any backing like what backs Bitcoin nothing yep that's right nothing it all it is is what the price of Bitcoin is is somebody paying more for it that's it there's no business behind that there's no backing like you're buying a BHP or you're buying a Telstra or something like that so it's completely different so it's a purely speculative market so if you want to speculate I don't have a problem with that as long as you understand what you're doing and speculate it but I put it in the right context yeah but when you talk about Investors right I'm gonna really um just go about this one because you often say to people you can put a little bit into yeah right but one minute you're telling me no investors don't go into speculative area and then yes you can in another conversation if you have a percentage of your portfolio allocated you made up your mind what speculative that's what you want to do speculate if your investor is we've looked at Specky stocks that were yeah but that's stock that's still buying an asset not necessarily the case with the crypto sometimes you're buying into a company that's it's completely unregulated so if they do their research and they understand the risk and there is something back behind it like ethereum's got something behind it so if there is something behind it and it ticks those boxes then you're saying it's it's okay it could fit that category for an investor no okay Traders yes all right I don't think we're going to get a resolution here I'm not asking for one but I just wanted to make it interesting you're wanting me to agree to with you and I say for an investor no for a trading yeah great for investor no I know you're trying to protect people that's right because I've seen so many people you know decimated by making bad decisions and and people on pensions and people who borrowed money to get into Bitcoin and other cryptos before the first crash you know and they just decimated themselves because there are more investors and they didn't understand a Trader understands volatility yeah Trader understands how to get in and get out and to manage it and look at the chart if you can't look at the chart and understand that and actually analyze it then don't go anywhere near this place because Bitcoin is so easy to trade it's not hard to trade I've done something I'm not saying in you're saying an investor purely from the point of view they don't understand the chart correct but I'm saying that there are educated investors out there who do understand how chance but they just see themselves different time frames you tell them that okay didn't I now you've heard our thoughts on these headlines and there are loads more of them which ought we are we ought to be telling you something um about what's going on so next we're going to share our thoughts on what the charts actually indicate with a look at Bitcoin and we'll compare bitcoin's potential growth to a couple of the best ASX stocks okay well what's how we should so we should so we're going to bring a Bitcoin and I look like as I said I've studied Bitcoin and I've and I've worked it out and the bitcoin's great to trade if you understand what you're doing if trading Bitcoin doesn't bother me yeah you know but you need to understand that risks are associated with it okay fabulous now let's just take a look at Bitcoin so we've just we've we've agreed on the same thing that yes trading Bitcoin could be a good option for people who know what they're doing right so you found some Middle Ground there I found some middle Grant now we've really got to get into where we think Bitcoin could go from here time that's my view yeah um if it doesn't go down yeah so right we've seen this really volatile move and this was last month so it dipped all the way down tested that bottom and then bounced up again so um potentially we've seen so first of all we talked about a 75 fall from the top so often markets will fall but we we did I think we may have talked to you and I about the fact that there's always a potential for support around this level so there's still there's still a slight risk of a further fall and it could be like a 30 40 fall that could happen and that's an if down to that level so let me see if I can just Mark that there with a horizontal line so we all know you know 35 40 or somewhere in the middle there that that's the risk the upside potential here we're looking at is somewhere in the order of 60 could be around the 50 60 000 point mark I'm going to put it to the the upside one thing I'm going to say is I don't think Bitcoin will repeat what it did in the past though yep in that it's not going to be as go skyrocketing okay it's not gonna because there's gonna be a lot more people gonna be a lot more careful about it simply because they got you know burnt in the Meltdown into 2018 and obviously the one into 2022. yep so I don't think you're going to see that same euphoric buying as well we need a lot of people being a lot more cautious and the thing is is the big end of town and other places are being a lot more cautious we've got Bank some of those banks in the US that were going down you know more recently I might say Silicon Valley Bank because it didn't do it but there are other big banks in the US that they had big big chunks into crypto right and that's caused their downfall so that could be a even bigger thing happening in bubbling around in the background that we don't look at that's right or we haven't been looking at so look um I'll have to move on here we've got to move on we'll come back to bitcoin later on um after the break I'll just get warmed up on it I know we're now going to look at BHP because BHP is obviously one of our biggest stocks in our market now if the best stocks on the market are going to take off BHP has to be one of those shares that does that we've agreed I'll agree with that and if we look at the long-term projection for BHP BHP could be somewhere up around 55 60 dollars yep a projection so let's just have a look at where it's trading at now we want to have a look there's 55 and there's 60 dollars so there's a potential for 30 um what is it 25 to 30 to 35 rise out of BHP I'm not saying it's going to do it all this year but this next move up um by the end of this show are you talking about the next 12 months yeah I'm saying next 12 months yeah okay within the next 12 months and there's a potential for BHP if it starts to take off again and we see moves above these highs here that it could continue up to around that 55-60 a month okay I'm thinking longer term it could even be more bullish than that provider that stays longer term yeah provided it stays above these this low here we're fine but if it takes out that low then we just need to reassess it so that's BHP um and another big Aussie stock which we're looking at to see whether it could outperform at the moment we're not seeing that because it's still part of this sideways consolidation we need to see this low hold in March 2023 but this is one that's it's one of those stocks that at times it has Great Falls but then it has massive strides now whether this has changed indefinitely because of what's going on with the renewable space we don't know but it's still in high demand at the moment and it's been try to you know buyers and sellers are still trading this thing but it's not delivering it's not delivering though like the other stocks yet at this stage so but it's not falling away either that's the thing I love about it it hasn't been delivering it's been held back for whatever reason um yeah I mean I think this could be the real Dark Horse I think this could take off yep so we've just got to wait and see so now look this is the weekly chart so I'm just going to go back to the monthly chart because it's a bit easier to see what's going on here okay so now if I look at where this stock um there's some potentials here I'm looking up to see whether we could um have a move look this stock could go anywhere between I'd say around ten dollars and around 13 or 12 or 13 or 35 to 60 but I think in the next 12 months or so it could take off around that 10 or 11 Mark um provided that low holds now if that load doesn't hold we're going to see it come back we'll have a you know a six sizable correction I think it will come up and test these levels here at around eight dollars something before it goes either way so we'll just wait and see what Santos does but there's some potential in that one so so we've covered off two stocks on um already we've covered off two stocks and we've covered off Bitcoin so at this stage if we're looking at Bitcoin and we're saying that this crypto has the potential to go from where it's trading at now to around 33 to 50 odd percent at the moment BHP is sort of going to go line ball with where that first level is with um Bitcoin probably around the same time and Santos could could outperform um as well so I mean it will be around the same almost and here all you're talking about is capital gain and the other these stocks pay dividends they pay dividends as well right that's a good point so like for the argument for the investor is where's your money better off um in terms of safer stocks that will pay a dividend and then these are much easier to trade they're not like if we just go back and have a look at um the Bitcoin chart the sort of volatility that we see in that on on the downside it's you know it's really Swift compared to what you might see without a take if you're in something like that you know it's in that speculation you have to take that yep that's right um look I mean I personally if you're asking me I do like the child of his Bitcoin in the way that it's setting up asking you well you are now I'm asking no I wasn't I'm just saying Bitcoin I like to chat of Bitcoin too I like the chart of Bitcoin BHP is not ready yet though we need to see a bit of a move up and same with Santos before we know what what they're both doing so that's that's the two big stocks that we pitched we've got more um stocks coming up we've got some smaller ones as well to have a look at and see how they'll go against Bitcoin I do like Bitcoin and I think it's going to go up I don't have an issue with that I just want to make sure people understand that if they're not knowledgeable about trading and looking at an analyzing chart then they shouldn't go anywhere near any sort of cryptocurrency regardless of Bitcoin or whatever else yep so they just don't buy and think oh it's going to be okay it's not going to be okay because crypto will crash again yeah um and it's it's just you're trying to keep people from certain emotions and that's how it runs and so it'll go boom it'll go bust again but Janine it's now time for us to take a short break after which we're going to get into some more stocks and when to trade them for those watching here on YouTube thanks for joining us and remember you can participate in our show each and every week by emailing your questions too info wealthwithin.com and remember to title at wealthwithin live and tell us you're watching on YouTube so we can put your questions at the very start of this recording also remember to comment below on this on the comment below this video now on YouTube and then email us an image of your post because we'll send you a private link in the first week of July to my analysis of the top 20 stocks in our market and what I believe they're going to be doing in the coming year That's so exciting and also remember to head over to talkingwealth.com and sign up for your free seven-day trial so you gain access to all of the content in tonight's show in full and also get Dale's weekly stock market update with predictions hints tips and other things this is all on talkingwells.com for our talkingwells.com subscribers just relax and stay tuned as we'll be right back after this short break foreign Australian dream of owning your own home is becoming increasingly challenging for many Australians who indeed housing and housing costs have continued to Skyrocket over the years with many now asking how we can fix the problem social housing has dropped from 4.9 of all housing in 1981 to 3.8 in 2021. now if we compare this to other countries Australia sits in 20th position looking at the statistics it's easy to figure out a solution governments need to provide low-cost housing and instead of decreasing this as has been the case for quite some time if they increase public housing it would achieve several things it's about time we stop feeding developers huge profits and help those seeking housing to be able to realize that great Australian dream so what is going to happen on our Marketplace and it's a frustrating time when you see this sort of thing happen where the Market's not really going anywhere and it will pick a direction soon but I know I'm not worried about a recession the market always does well coming out of recessions and it's a perfect time for you to set yourself up and I know a lot of people you know they shy away when they hear there's those sorts of Doom and gloomy words like recession cost of living being up interest rates rise and this is not the time to shy away from investing this is the time to get into investing and to learn

Channel: Wealth Within

Views: 2,481

Keywords: asx, asx stocks, asx stocks to buy, asx trading, australian stock market show, cryptos, dale gillham, janine cox, stocks vs cryptos, top asx stocks, top asx stocks to buy, wealth within, wealth within live, wealth within tv

Id: i0cEim_CxYk

Length: 39min 45sec (2385 seconds)

Published: Tue Jun 13 2023