The Flinchum File

Honest Economic Analysis and Existential Opinions

Friday, August 3, 2018

Change of Address

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Long-time readers will recall my negative-love of Google.  They were the first company I recognized whose business model was to monetize yo...
Thursday, August 2, 2018

When Worlds Collide

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When I was doing graduate work at the University of Dallas in international trade, we had to also study cultural distinctions and how such ...
Wednesday, August 1, 2018

Blaming Bill and Newt

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I believe Bill Clinton and Newt Gingrich deserve a good portion of the blame for our poisonous political environment.  They accepted the ec...
Sunday, July 29, 2018

Made Food Great Again

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Sara Grillo is one of my favorite financial writers.  In her most recent, she discusses how convenient it is for commission-paid salesmen o...
Saturday, July 28, 2018

Nervous Supply-siders

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One important measure of how you are doing financially is the size of your pay check.  That’s no different than economists looking at chang...

An Easy “Victory”

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Imagine my beloved Dallas Cowboys calling a press conference to declare themselves the winner of the next Super Bowl, just because their fo...
Friday, July 27, 2018

The Existential Planner

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A financial planner works with people to sort through their individual financial problems and opportunities to create security in the long ...
Monday, July 23, 2018

No Offense Intended

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Let's say I want to control my group or tribe or nation.  I could use charisma, or I could use force, or I could use religion.  I may n...
Sunday, July 22, 2018

Park Thoughts

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During long walks in First Landing State Park, I enjoy listening to the podcasts of Freakonomics  by Stephen Dubner.  He uses economic reas...

Coming Home To Roost

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If you need another reason to be disappointed at our form of government, remember this: Back in the early 1990's, Congress was consid...
Friday, July 20, 2018

Kudos to Trump

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Initial Jobless Claims have not been this low since 1969.  There are actually  more job openings than job seekers.  The problem is obvious...
Wednesday, July 18, 2018

Favorite Market Strategist

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One of my long-time favorite market strategists is Dr. Jeremy Siegel from Wharton.  His latest commentary shows his belief that the stock m...
Tuesday, July 17, 2018

Flatter Yield Curve -- Who Cares?

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Wall Street Wags are fretting about the "flat yield curve" but fail to mention that such a yield curve has accurately predicted 1...
Sunday, July 15, 2018

Wealth-Worship

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Many pundits are going crazy, trying to figure out the relationship between Trump and Putin.  One even remarked that their relationship is ...

Sugar Man

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Sugar man, won't you hurry 'Cos I'm tired of these scenes For a blue coin won't you bring back All those colors to my dr...
Saturday, July 14, 2018

Fear Not Inflation

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Let's assume you get a 100% VA mortgage for a new house.  Let's further assume that, ten years later, your mortgage is down to $80 ...
Thursday, July 12, 2018

A Lesson From Tragedy

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Since my father told me about his experience in World War II, seeing a freshly liberated Nazi concentration camp, I have been very interest...
Wednesday, July 11, 2018

T - I - G - H - T

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In your lifetime, how many times have there been more job openings than people looking for jobs? Today, there are 6.6 million unfilled jo...
Tuesday, July 10, 2018

Two Special Places In Hell

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Few of us maintain our mental sharpness until the end.  Mental fuzziness should be a final luxury at the end of life, not open season to be...
Sunday, July 8, 2018

Prayers To Thailand

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Although I seldom do it anymore, I have been a scuba diver for most of my life.  In 1975, I had the opportunity to dive a cave off the Suwa...

Parsing

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Q.  Do I believe the Russians tried to influence our 2016 elections? A.  Yes Q.  Do I believe it was authorized by President Putin? A. ...
Saturday, July 7, 2018

Q2 Column

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To read my latest column for Inside Business , go to: https://pilotonline.com/inside-business/news/columns/article_c50ae3fa-8127-11e8-89...
Thursday, July 5, 2018

Oversold ?

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According to Goldman Sachs, the smartest people on Wall Street work at Goldman Sachs.  Indeed, their research department actually deserves ...
Wednesday, July 4, 2018

The Courage To Be Free

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There are economic systems, and there are political systems. Examples of economic systems include capitalism and socialism. Examples of p...
Saturday, June 30, 2018

A Bloodless War

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I was talking with some fellow students of economics.  We started discussing the 0.2% drop in estimates of Q1 GDP growth, but that quickly ...
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About The Writer

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Jim Flinchum, CFP™, CIMA™
Virginia Beach, Va., Virginia, United States
I am the NAPFA-Registered Financial Advisor at Bay Capital Advisors (www.baycapitaladvice.com), an investment firm headquartered in Virginia Beach, Va. After a successful, 35-year career in the banking industry, I started my own investment firm in 2005 and have loved every minute of it. Our client load is about 25% of the national average, which allows us the luxury to customize each client's portfolio and financial plan much more closely. For additional comments, I can be reached at (757) 963-5699 or jim@baycapitaladvice.com.
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