BAF Solutions

We provide small business and personal accounting & bookkeeping in the Northern VA area. QuickBooks certified. On- and Off-Site. Established in 2014 to provide bookkeeping and accounting to solo-preneurs and individuals in the Northern Virginia area.

Operating as usual

[11/01/18]   Alas, this is us:
“Every day I get up and look through the Forbes list of the richest people in America. If I’m not there, I go to work.” – Robert Orben

[10/25/18]   This couldn't be more true this month with the ups and downs we've been experiencing. Hang in there -- its about the long haul!
“October: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August and February.” Mark Twain

[10/22/18]   You will never love an item as much as when you first see it in the store. If you try something on and you think it's just ok, you are not likely to go home and end up liking it any more than you initially did. Same goes for "stuff"! (from

[10/16/18]   “Financial peace isn't the acquisition of stuff. It's learning to live on less than you make, so you can give money back and have money to invest. You can't win until you do this.”
— Dave Ramsey

[10/14/18]   A thought for those of you who believe in a higher being:

Every time you affirm your trust in Him, you put a coin in His treasury. Thus you build up equity in preparation for days of trouble. He keeps safely in His heart all trust invested with Him, with interest compounded continuously. The more you trust in Him, the more He empowers you to do so.

[10/13/18]   NOT TO WORRY ABOUT THE STOCK MARKET DIVE: Here's an article from my broker to explain it all.

October Stock Pullback Reflects Normal Volatility
Over the past week, worries about rising interest rates, heightened China trade tensions and other international risks have been weighing on stocks. Those worries escalated Wednesday (Oct. 10) and may continue, pushing the S&P 500 and Dow down more than 4% from their recent highs. As investors became more cautious, technology and other faster-growing stocks led recent declines, and the Nasdaq was down about 8% from its August high. In addition, industrial and other stocks more closely tied to trade with China dropped more than the market averages. Keep in mind that historically, stocks have declined by 5% or more about three times a year, so this looks like normal volatility. We think the outlook remains positive, and the current dip doesn't seem unusual.
Higher Interest Rates Reflect Expectations for Solid Growth
The Federal Reserve has been slowly increasing short-term interest rates for more than two years, but long-term interest rates have risen less. Over the past week, rising long-term rates took the lead due to signs of better-than-expected economic growth, a solid job market and worries about higher inflation.
Economic indicators (such as the ISM services index) and the solid job market reflected in the 3.7% unemployment rate suggest an above-average pace of economic growth. In addition, the positive impacts of the tax cut and higher government spending continue. But inflation rose less than expected in September and is up only 2.3% over the past year, calming worries about faster-rising prices. Companies in the S&P 500 are expected to report third-quarter earnings up almost 20% over the past year, according to FactSet. Those positive fundamentals support our outlook for rising stock prices over time.
Higher tariffs and trade tensions are weighing modestly on global growth, and while we don't expect a trade war with China, we think negotiations will be slow and difficult. The strong U.S. dollar and slower-than-expected global growth meant international equities lagged U.S. stocks this year, and they also dropped recently in response to U.S. worries. But better valuations and solid prospects make international equities attractive, and performance tends to rotate over time. We recommend staying invested, with an appropriate allocation to international equities.
Staying Invested When Markets Move
Bond prices generally move in the opposite direction from interest rates. Rising interest rates since the start of the year lowered the value of bonds in portfolios, which is one reason better-diversified portfolios haven't matched the gains in stocks. But as stocks declined recently, bond prices rebounded, helping stabilize the value of a diversified portfolio. Over time, better-diversified portfolios have been less volatile than owning just stocks, which can help you stay calm and invested when markets move sharply. That's why we think it's important to own the right mix of stocks and bonds based on your comfort with risk, financial goals and time horizon.
Although the specific triggers for a pullback are almost always unexpected, they happen regularly and are a part of normal market volatility. We don't think this time is different.
Kate Warne, Ph.D., CFA
Investment Strategist

[10/13/18]   QUOTE FOR THE DAY:
"Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each." --Christopher Rice

[10/11/18]   Check out our new services: "Manage Your Personal Money". We now offer in-home bookkeeping at your convenience for a fixed monthly rate, along with our regular small business bookkeeping services. Take Charge!!!

[10/11/18]   Quote for the day:

Have riches' beyond comparison and you still won't have everything, have a generous heart and your wealth would be unimaginable... Hermann J. Steinherr

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BAF Solutions

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Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00
Saturday 09:00 - 17:00
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