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WELCOME TO WILSEY ASSET MANAGEMENT
At Wilsey Asset Management, our main goal is to provide attractive returns for clients on their investments by using a common sense approach to investing. Brent Wilsey, the President of Wilsey Asset Management, has been in the investment arena for 30 years. Brent uses the old principle of buying low and selling high. This is all based on a fundamental analysis of a company’s financial statements. There is no emotion or hype in investing at Wilsey Asset Management, which is why our motto stands strong "No Emotions, Just Results". All final investment decisions are made by Brent. His money is invested the same as yours with no sales commissions; an advisory fee-only based on account value. Financial independence starts with Wilsey Asset Management.
Whatever your goals, we can help you get there
Our commitment to you; our staff consists of experienced professionals with a "hands-on" approach to financial guidance. Not only will you find our team members knowledgeable, but you will also discover that our staff truly cares about making your dreams a reality. As your Financial Professionals, we will do everything in our power to keep you focused on where you want to go, advise you on how to get there, and continually remind you of the importance of maintaining a disciplined approach to realizing your dreams.
Daily Economic Update
September 1st, 2015
This morning when I was watching the business news I noticed the bank Citigroup was trading at $51 a share. It reminded me of years ago I made a nice profit selling Citigroup at $51 a share. This is a dangerous correlation that people who buy stock on little information make this correlation and would sell Citigroup based on the $51 share price. The problem is the correlation has nothing to do with the $51 share price years ago. A real investor would have to know many things such as the current earnings the cash flow the current debt a company has and many many more things.
So while I know I had that feeling of "gee if I had Citigroup now I would sell it because I made money off of it before selling at $51", I immediately came back to the realization that stocks are small pieces of large companies and a investor must know the financial fundamentals of a stock before making a buy or sell decision.