Uh, oh . . . one of the oldest Wall Street adages is the “January Effect,” which states that … so goes January, so goes the year. The bad news is that the Dow lost 8.4% this month, the worst January in history, indicating a terrible 2009. A little piece of good news is that … Continue reading Will the ‘January Effect’ ring true
Welcome to The Flinchum File
I am an Accredited Investment Fiduciary at Bay Capital Advisors, an investment firm headquartered in Virginia Beach, VA. After retiring from Truist Bank, I started this firm to work more closely with a smaller number of clients, and it has been great! Our client load is about 25% of the national average.
Writing is not for the shy or the meek. It exposes a person’s mind and character. I hope you enjoy the view.
Nothing chills a market like uncertainty
I’ve seen this show before. The best thing about seeing it the first time was that it did eventually end! There is now much discussion about a “good bank/bad bank” approach to solving the credit crisis. The problem is that banks cannot be sure how much capital they have to lend, because it’s impossible to … Continue reading Nothing chills a market like uncertainty
We are a fee-only advisor providing best interest fiduciary services to clients
in
Chesapeake, Newport News, Norfolk, Suffolk, Virginia Beach, Williamsburg, and the surrounding areas of Hampton Roads.
