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
January 30th, 2014
The GDP which is the gross domestic product came in at only 2.6% for the fourth quarter of 2014 Missing the estimate of 3.2% and far below the third quarters 5% reading. What is causing the downturn in the GDP is a strength of the dollar which has increased imports which is a drag on our GDP. we could see upward revisions going forward but based on what I'm saying will not have the 4% GDP that I was hoping for. Keep in mind a 2.6% or 3% growth is not bad but just not as good as 4% growth.
On a brighter note consumer sentiment came in very strong at 98.1 which is the highest reading going back as far as 2004. The lower gas prices have really increased consumer sentiment a long with consumer confidence we should do well for the economy unless consumers end up buying too many imports.