The Flinchum File

Thoughtful Economic Analysis and Existential Opinions
Subscribe to the Flinchum File
View Archives

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.

The Fixed in Fixed Income


When people think of fixed income, they usually think of bonds.  They also think of bonds as “safe” investments.  Bonds are NOT safe investments!  The market value or worth of those bonds is NOT fixed. Only the interest payments from the bonds are fixed.  The value of the bond is fixed only on the date … Continue reading The Fixed in Fixed Income

Seasonal Fall


Did I mention that September is historically one of the two worst months for Wall Street? In addition to history working against us this year, there is now greatly increased violence in the Middle East, and bombardment of Syria is certain.  Right after that, we have a budget battle and a dangerous debt ceiling battle … Continue reading Seasonal Fall

God Bless The Average Bear


Most people suspect that a financial advisor should be smarter than the average bear.  Everybody believes a financial advisor certainly should not be dumber than the average bear.  But, I ask you — would an average bear be dumb enough to have done this 8-mile obstacle course in Wintergreen on Sunday, August 25th? . … Continue reading God Bless The Average Bear

A Potpourri of Advice


Obviously, I study the thoughts of many.  In no particular order, here are a few from today alone: 1.  Best Long-Term Thinking:  Roger Altman is Chairman of Evercore Partners and wrote in the current issue of “Time:”  The U.S continues to enjoy built-in advantages that other nations lack:  a growing population and the prospect of … Continue reading A Potpourri of Advice

The Dog That Didn’t Bark


The federal government could be shut down within six weeks!  While the stock market is obviously pricing in the increasing uncertainty, where are the politicians?  The Continuing Resolution that is currently funding the government expires September 30th.  Shouldn’t somebody be hitting the panic button by now? It could be a false sense of security because … Continue reading The Dog That Didn’t Bark

“Psst, Mister . . . Want A Hot Stock Tip”


Most Registered Investment Advisors (RIAs) have a low regard for stockbrokers.  RIAs understand Nobel-Prize-Winning Modern Portfolio Theory, which demonstrates higher returns can come from portfolios with lower risk, which is the “Holy Grail” of investing,.  This happens when you invest a portfolio in different asset classes appropriately.  By comparison, a stockbroker has a “hot stock” … Continue reading “Psst, Mister . . . Want A Hot Stock Tip”

Laborare Est Orare


Recently, I blogged about the Calvinistic roots of the Presbyterian Church and explained why that church is often considered “pro-business.”  To my surprise, I received some criticism for that generalization and also learned that “pro-business” is not necessarily a compliment. Full Disclosure Time:  The family church of the Flinchums was the venerable, old Indian Valley … Continue reading Laborare Est Orare

In Search Of . . . Women


Women make up over half of the population.  They are almost two-thirds of the total labor force.  But, only one-third of financial advisors are female . . . why? I went to Indianapolis recently to hear a lecture by Kathleen Burns Kingsbury, author of How to Give Financial Advice to Women.  It was primarily geared … Continue reading In Search Of . . . Women

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.


Contact Us Bottom