BDA Financial Services

BDA Financial Services We are committed to maintaining the highest standards of integrity and professionalism in our relationship with you, our client.

We endeavor to know and understand your financial situation and provide you with only the highest quality services. Book appointments online:
https://calendly.com/we-work-for-you-first

Trying to decide whether to buy or rent a home? There are 4 important questions you should consider.
06/19/2024

Trying to decide whether to buy or rent a home? There are 4 important questions you should consider.

The decision whether to buy or rent a home may have long-term implications.

Much has been written about saving for retirement, and we adhere to the principle that financial security is a key compo...
06/18/2024

Much has been written about saving for retirement, and we adhere to the principle that financial security is a key component to a successful retirement. Many of you are on that road right now, while others are accessing the savings...

Saving for college doesn’t have to be as complicated as college itself.
06/17/2024

Saving for college doesn’t have to be as complicated as college itself.

Here’s a crash course on saving for college.

People vote with their dollars, and right now there’s a vote of no confidence from stock investors despite a rally in st...
06/16/2024

People vote with their dollars, and right now there’s a vote of no confidence from stock investors despite a rally in stock prices since November 2023. There’s $6.4 trillion sitting in money market mutual funds–the highest level since the Fed started tracking the number in 1945.

06/15/2024

AI-powered cancer screening is revolutionizing early detection, but most of these services aren't covered by insurance yet.

Important points to consider:
🤖 AI technology is making significant strides in improving cancer screening accuracy and early detection.
Despite its potential, many AI cancer screening methods are not yet covered by insurance, posing financial challenges for patients.
🏥 The healthcare industry is at a crossroads, balancing innovation with accessibility and affordability.

Staying informed about these developments can help you advocate for better healthcare solutions.

What are your thoughts on the future of AI in cancer screening and its accessibility? Share your insights!



Source:

The Lure of Quick Riches: Our latest newsletter exposes the truth about get-rich-quick schemes that are all over social ...
06/14/2024

The Lure of Quick Riches: Our latest newsletter exposes the truth about get-rich-quick schemes that are all over social platforms. Understand the allure and the letdown of these strategies to safeguard your investments.

See how "finfluencers" can misguide your choices.

🌄 Surviving the Retirement Wilderness: Just like a seasoned explorer, you need the right tools and knowledge to navigate...
06/13/2024

🌄 Surviving the Retirement Wilderness: Just like a seasoned explorer, you need the right tools and knowledge to navigate the challenging terrain of retirement planning. Our free guide equips you with the essentials for a journey through the unknowns of financial forests. Ready to conquer the wilderness?

Use this FREE checklist to kickstart your work-free life.

Your chance of an IRS audit may not be that high. It pays to know what may trigger one.
06/12/2024

Your chance of an IRS audit may not be that high. It pays to know what may trigger one.

The chances of an IRS audit aren't that high. And being audited does not necessarily imply that the IRS suspects wrongdoing.

06/12/2024
Could you find acres of diamonds in your own backyard? Watch this video.
06/10/2024

Could you find acres of diamonds in your own backyard? Watch this video.

In life it often happens that the answers to our most pressing questions are right in our own backyards.

Experiencing the market's wild swings can test even the most seasoned investors' nerves. It's during these turbulent tim...
06/10/2024

Experiencing the market's wild swings can test even the most seasoned investors' nerves. It's during these turbulent times that having a well-thought-out plan becomes invaluable, both financially and emotionally. Here are eleven...

Stocks rallied in May as investors welcomed upbeat Q1 corporate reports and signs of a Goldilocks economy - not too hot,...
06/07/2024

Stocks rallied in May as investors welcomed upbeat Q1 corporate reports and signs of a Goldilocks economy - not too hot, not too cold. The Dow crossed 40,000 for the first time after cooler inflation data raised hopes for a potential rate adjustment.

Stocks rose in May as investors cheered upbeat Q1 corporate reports and signs that the economy was still strong while not overheating.

🚨 The Perils of Popularity in Finance: This month's newsletter examines how social media trends can lead to poor financi...
06/07/2024

🚨 The Perils of Popularity in Finance: This month's newsletter examines how social media trends can lead to poor financial decisions. From GameStop to the latest crypto craze, learn why it’s crucial to think before you click.

Learn 3 reasons to ignore that trendy "finfluencer."

🎉🎓We celebrated an incredible milestone yesterday! After 26 wonderful years of dedication, passion and shaping young min...
06/06/2024

🎉🎓We celebrated an incredible milestone yesterday! After 26 wonderful years of dedication, passion and shaping young minds, my amazing wife is retiring from teaching. It’s been an emotional and joyous journey, and we’re so proud of her 🌟

Check out some highlights from her beautiful retirement party at the school where she made such a large impact. Thank you to everyone who came out to honor her and for all the heartfelt messages and support.

Here’s to new adventure, well-deserved relaxation, and endless joy in this next chapter! ❤️

Embrace the season of potential growth! 🌿 Our Visual Insights Newsletter shares essential tips for nurturing your financ...
06/06/2024

Embrace the season of potential growth! 🌿 Our Visual Insights Newsletter shares essential tips for nurturing your financial garden.

Explore these simple daily habits.

Your   needs don’t stay the same when the nest empties, but what changes?
06/05/2024

Your needs don’t stay the same when the nest empties, but what changes?

Do your insurance needs stay the same when the nest empties?

Social Security provides retirees with a basic income. It was never intended to fully cover the cost of living in retire...
06/04/2024

Social Security provides retirees with a basic income. It was never intended to fully cover the cost of living in retirement. But it acts as a supplement to your resources. Social Security includes disability, dependent benefits, and...

📚 Attention students and families 📚 Don't forget that FAFSA submissions for the 2023–24 award year close June 30, 2024 a...
06/03/2024

📚 Attention students and families 📚 Don't forget that FAFSA submissions for the 2023–24 award year close June 30, 2024 at 11:59 p.m. CT.

What will your family do if you can't earn an income? Here are steps you can take today.
06/03/2024

What will your family do if you can't earn an income? Here are steps you can take today.

This calculator estimates your chances of becoming disabled and your potential need for disability insurance.

After months of simmering inflation reports, it looks like inflation finally eased slightly in April.1 Are prices stabil...
06/01/2024

After months of simmering inflation reports, it looks like inflation finally eased slightly in April.1 Are prices stabilizing? Can we breathe a sigh of relief? Let's dig a little deeper. What's inside the latest inflation report?...

A groundbreaking decision has been made by the Federal Trade Commission (FTC) 📜🚫. They've voted to ban noncompete agreem...
05/31/2024

A groundbreaking decision has been made by the Federal Trade Commission (FTC) 📜🚫. They've voted to ban noncompete agreements, impacting potentially up to 30 million Americans. This means more freedom for employees to explore new job opportunities or even start their own businesses.

But it's not all smooth sailing - the U.S. Chamber of Commerce is planning to contest this decision in court ⚖️.

Interestingly, the FTC estimates this ban could increase workers' wages by a whopping $488 billion over the next decade.

This decision could have significant implications for both workers and the broader economy. As investors, we need to stay informed and be ready to adapt our strategies accordingly.



Source:

The FTC narrowly voted on Tuesday to ban noncompete agreements in a move that could affect up to 30 million Americans -- one out of every five workers

What a great girls dinner we had on Tuesday! Always fun to get together with the family ❤️ Don’t worry Jace and Bob had ...
05/30/2024

What a great girls dinner we had on Tuesday! Always fun to get together with the family ❤️ Don’t worry Jace and Bob had a guys date and played at the park and saw a movie. 🍿

Spring means new beginnings, especially for your finances! 🌷Check out our newsletter for fresh, effective ways to potent...
05/30/2024

Spring means new beginnings, especially for your finances! 🌷Check out our newsletter for fresh, effective ways to potentially boost your financial well-being

Time to tend, w**d & water your $. Here's how.

If you’re 65 or older, you may need to enroll in Medicare. We’ll help you sort through the basics to determine if you qu...
05/29/2024

If you’re 65 or older, you may need to enroll in Medicare. We’ll help you sort through the basics to determine if you qualify. Read more here:

65 or older? It may be time to enroll in Medicare. Read to learn if you’re eligible.

Is a zombie recession coming? (By that, I mean that renewed fears of a "hard landing" recession have emerged from the gr...
05/28/2024

Is a zombie recession coming? (By that, I mean that renewed fears of a "hard landing" recession have emerged from the grave and are walking among us.)1 Many analysts were convinced that the U.S. economy could achieve a coveted “soft...

Is a zombie recession coming? (By that, I mean that renewed fears of a

Bedtime Story: U.S. Federal Tax Code. How many pages have you read?
05/27/2024

Bedtime Story: U.S. Federal Tax Code. How many pages have you read?

An inside look at how marginal income tax brackets work.

President Joe Biden is calling for higher U.S. tariffs on Chinese steel and aluminum products, marking a significant shi...
05/26/2024

President Joe Biden is calling for higher U.S. tariffs on Chinese steel and aluminum products, marking a significant shift in trade policy.

Here's what it means for your investment landscape:
• The proposed tariff increase from 7.5% to 25% targets more than $1 billion worth of products, potentially affecting the cost and supply of these materials.
• The Biden administration is also pressuring Mexico to prevent indirect sales of Chinese metal products to the U.S.
• An investigation into Chinese trade practices across various sectors could lead to additional tariffs, inviting potential retaliation from China.

These measures could impact industries reliant on steel and aluminum, potentially influencing stock prices in these sectors. As always, it's important to consider these developments when refining your investment strategy.



Source:

President Joe Biden on Wednesday called for sharply higher U.S. tariffs on Chinese metal products as part of a package of policies aimed at pleasing steelworkers in the swing state of Pennsylvania, at the risk of angering Beijing.

Address

19301 Winmeade Drive #260
Leesburg, VA
20176

Opening Hours

Monday 9am - 4pm
Tuesday 9am - 4pm
Wednesday 9am - 4pm
Thursday 9am - 4pm
Friday 9am - 4pm

Telephone

+17037797410

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Our Firm

At BDA Financial, we believe that a plan is a powerful tool. Reaching your long-term financial objectives hinges on having the right plan -- one that fits your unique circumstances and grows with you. Planning your financial future can be a daunting task. That's where we come in. We're trained, licensed professionals, and we can draw on years of financial planning experience when creating a long-term strategy. Whether your concern is paying too much in taxes or not having enough money to last throughout your retirement, we can help you.

Our firm is completely independent, so our loyalty belongs exclusively to our clients -- not to a parent company. Our independence enables us to establish working relationships with a number of industry-leading financial services firms whose products we leverage to create customized client portfolios. We recommend only those products and services that can be tailored to suit our clients' unique needs while acting in their best interest.

Please call today if you think your plan is out-of-date. Most people need to update their financial plan each year to help ensure that it is in step with their life. If it's been a while, act today.


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