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.
Investment Forum Registration
It is our pleasure to announce that Wilsey Asset Management will be hosting their "Importance of Professional Financial Guidance" Investment Forum Thursday, April 30th & Saturday May 2nd! Click here to register!
Daily Economic Update
April 22nd, 2014
It's Wednesday and that means the release of the petroleum status report and once again crude oil inventories rose by 5.3 million barrels. Surprisingly the increase was due to another rise in oil imports, why we are importing more oil then we need at the current time is beyond me. It could be contractual agreements to buy a certain amount. Gasoline inventories fell again after last weeks decline dropping 2.1 million barrels this week. The refiners are now operating at a 91.2% capacity. With the draw down in gasoline inventories we should start seeing a drawdown in crude oil especially with the summer driving season just around the corner.
There was a nice performance in existing home sales for March increasing 6.1% month over month with annual units coming in at 5.19 million sales. This was far above February's level of 4.89 million annual sales and also beat the estimate of 5.045 million sales. For those concerned about housing sales I think it is important to look at year-over-year, that number comes in at a postive 10.4% from last years March existing home sales.