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.

Not Yet . . .


I don’t ever recall hearing so much worry about inflation . . . while still in a recession.  Inflation does not jump after a recession.  It usually takes quite a while for the economy to get out of recession and to build up excess demand or develop supply problems before inflation is discussed.  Everybody is … Continue reading Not Yet . . .

Only 99% Responsible


Maybe it was my strict Southern Baptist upbringing, but I always feel some responsibility when bad things happen, and not many things are worse than the attack on our Capitol last week. Of course, my responsibility is tiny, but I do feel some tiny sympathy for the thugs and hooligans attacking us.  Most of them … Continue reading Only 99% Responsible

Protecting My Living Room


At first, Google’s search engine was a modern-day-miracle, enabling almost anybody to quickly find almost anything.  And, it was FREE! Later, it was disappointing to learn their business model was legalized spying on their users, by selling information on what each user searched for.  During that same period, there were increasing number of job openings … Continue reading Protecting My Living Room

This Too Shall Pass . . .


There was a light summer rain that day in 2002, when I had a late meeting in the Rosslyn area, across the Potomac from the District of Columbia.  Listening to WTOP, the local traffic radio station, I learned the “spaghetti bowl” (the area between Rosslyn and the Pentagon) was jammed and not moving.  Deciding to … Continue reading This Too Shall Pass . . .

Choose Your Poison


Last year, the most common question was — how can the stock market be doing so well, when the economy is doing so badly?  The short answer, of course, is that the economy is focused on the present, while the stock market is focused on the future.  The object lesson is that, while the stock … Continue reading Choose Your Poison

Missing the Grand Old Party


Just as there are good Democrats and bad Democrats, there are good Republicans and bad Republicans. The Georgia Secretary of State, Brad Raffensperger, is a good Republican. He is also smart enough to tape phone conversations with a bad Republican. America will be in a better place, when good Republicans retake the Grand Old Party.

Just a menu . . .


Just as a person can consume too much food, a person can consume too much news.  I have long advocated for a one-news-free day every week (except for business news).  For myself, I avoid all news on Saturdays.  It doesn’t really matter which day of the week you avoid the news – just one day … Continue reading Just a menu . . .

The Post-Pandemic World ?


On September 11th, 2001, I was in my 5th floor office on King Street in Alexandria.  From my window, I could see the Capitol and Washington Monument, as well Potomac side of the Pentagon.  Early that morning, everybody began rushing to the conference rooms, watching television coverage of the World Trade Center in New York.  … Continue reading The Post-Pandemic World ?

The President Is Correct !


I agree with President Trump about the infamous section 230 of the Communications Decency Act of 1996 . . . but for a different reason. When the social media industry was getting started, there was understandable concern that they might be held liable for things written on or advocated on their websites.   For example, should … Continue reading The President Is Correct !

Silver Lining ?


If you think it has been a long time since Trump was elected in the Fall of 2016, then offer condolences to your British friends, who have been living with increasing anxiety since the Summer of that year, as the Brexit negotiations dragged on and on.  A month ago, those negotiations were dead, and Britain … Continue reading Silver Lining ?

Holy Kid-Fest


An old friend was driving by and saw me.  As she slowed down and lowered her window, I rummaged in my pocket for a mask. After exchanging the customary pleasantries, I asked if she had any special plans for Christmas?  She answered “Jim, you know I don’t have any kids.” Later, I wondered about that … Continue reading Holy Kid-Fest

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