Commentary

Brent Wilsey

Brent M. Wilsey is a highly regarded registered investment advisor and a seasoned financial strategist with over 25 years experience in the field. Wilsey currently owns and operates San Diego-based Wilsey Asset Management through which he offers day-to-day investment guidance to both individual investors and corporations. All of Wilsey’s client relationships are grounded in an exemplary service philosophy. Wilsey has also served as an Accountant for Foodmaker, Inc., a Registered Representative for the Principle Financial Group, and as an Investment Director for Pamco Securities in the mid-80’s. In the latter role, Wilsey was among the first in Southern California to provide investment services within a banking environment, having invested and managed an average of nearly $45 million for Great American First Savings Bank. He worked in this capacity until opening his own LPL branch office in 1992. Wilsey’s industry expertise and credibility has made him a sought after expert source, having served as a guest commentator on numerous broadcast television and radio talk shows including a frequent guest on CNBC and called upon from such names as Barron’s, Business Week and Forbes for Brent’s input on columns. Currently, Wilsey hosts AM760 KFMB’s weekly Smart Investing show, providing listeners with fundamental analysis on stocks and mutual funds, along with other investment tips. In addition to his radio duties, Wilsey pens a weekly article for the San Diego Daily Transcript that focuses on the fundamentals of investing.

An accounting graduate of National University, Wilsey received his MBA degree from the same institution in 1986. His various licenses and designations include a Life and Health Insurance License, and Series 7 NASD Registered Representative and Series 24 NASD Registered Principal designations (Licenses held with LPL). For two year, Wilsey has earned the Five Star Wealth Manager Award. In 2010 he was names Top Influential in Business in San Diego. He currently resides in Poway, California with his wife and their four children.

Smart Investing

Last week, the Dow Jones saw another new high. While some companies are very pricey, there is data showing there is more left in upside potential to come. Investors need to be careful what they buy.

Despite the market decline last week, there was some great economic news that was positive for long-term investors.

Last week, the U.S. came up with new oil export rules that perhaps will allow us to export oil for the first time in 40 years. It was in the 1970s, during the oil embargo, when oil was going crazy. And that’s when the exportation of U.S. oil stopped.

As the market goes up week after week it becomes harder to find good buys. I’m not saying that there are no good buys, but now is when years of experience really pay off.

I’m getting more questions from people wondering whether we are going to have a correction.

There are many places one can look to find a company to invest in, and one of those places may be the company you -- or your friends or relatives -- work for.

Here we are in the first week of June, and I’m sure you know what that means: We receive the employment situation report from the government Friday.

I have written in the past about non-publicly-traded REITs (Real Estate Investment Trusts) and they are probably one of the most legally abused investments that investors fall prey to.

I received a request from Tom who wanted to know my perspective on Raytheon symbol RTN. I have written about this company in the past and most of the fundamentals look good. Had someone ignored that the company has more goodwill than equity, they would be sitting on a very good return. But investors have to realize that sometimes not going to the party is the right thing to do, even though everyone else there had a good time.

I’ve been so impressed with the economic news coming out over the past week or two, and yet the markets have been waiting for you to find the strong companies to put in your portfolio.

The stock market overall seems to be pulling back somewhat and the Dow Jones Industrial Average has been in a range of 15,900 to 16,500 for months.

I often talk about being patient when it comes to investing, but you may not understand what that means. Also, I hardly ever share recent buys in my portfolio, but to help you understand patience, I’m going to discuss a recent purchase.

More Brent Wilsey Columns
Subscribe Today!