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.
People often ask, I wonder what the wealthy do with their money? How do they make money? What do they do different from the average person?
Last week I held my quarterly client update brunch where I spoke about the economy, my current portfolio and what I see for the future.
As an investor, it is important to really understand what is going on in our economy and business.
Look out — I'm reading about why we should raise the average PE ratio on stocks because it may be too low. What I’m reading is that over the past 25 years, the U.S. market has remained above its historic PE valuation.
Many investors have a good portion of their investments in their 401(k), which could be a good idea.
We’re almost halfway through January and I’m now hearing about the January effect – an anomaly in which stocks tend to rise the first month of the year -- and how that will drive the market going forward. I would suggest that one not get too tied up in the January effect or who wins the Super Bowl; these really have no meaning on the fundamentals of investing but sure do make good talking time for the media.
Well, 2013 is now in the record books, and what a record it was. With the close of 2012, very few, if any, had predicted that 2013 would be such a banner year. In fact, more people were looking for a down year; some of the experts were hoping for maybe a 10 percent return on the Dow, not the 25 percent plus return that 2013 generated.
So the holidays are officially here, and as I signed and sent more than 400 Christmas cards I really got into the holiday spirit. This will be my last column for 2013 as I slow down a little and enjoy the holidays with family and friends. Now, that doesn’t mean I close shop and don’t watch my companies – no, not at all. I’m always on the lookout for some good buys and watching my current companies, and you should be, too.
Many people think the way to make a lot of money in the stock market is to find the next Apple and have it grow 2,000 percent over the next few years.
Well, here we are in Thanksgiving week and there are only five weeks left of 2013.
The recent talk about stocks is shifting language, discussing bubbles and crashes.
Fees, fees and more fees. What are you really paying your financial adviser? F. Scott Fitzgerald once observed that the rich are different from the average person. While that may be true in some areas, it is the opposite when looking at the financial world. The rich tend to get soaked on Wall Street and in brokerage houses.