What Makes Us Unique?

What makes us unique? At Starfox Financial Services, as a fiduciary, our team has a duty to act for the benefit of our clients above ALL else. We put our clients FIRST!

100% Fee-Only Service, we receive NO COMMISSIONS or WRAP FEES from any of the securities we recommend.

We hold a relationship of trust with our clients and are dedicated to being fully transparent. We pride ourselves in giving our clients our un-divided loyalty and effort.

At Starfox we work with our clients to develop a plan for financial independence and help to confront competing goals such as saving for retirement, college or paying down debt. We begin the financial planning process with an analysis of the current situation, goals, objectives and any issues. Our clients have access to a custom planning portal to see all their accounts and their progress toward achieving their goals.

Let us help you develop a plan to move from financial dependence to an ultimate goal of financial independence.

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January 2018 Market Update

Jose Palafox and Bill Friebel of Starfox Financial Services, LLC share a video update that reviews 2017 and the upcoming year.

Watch the video below for the January 2018 Update:

Starfox Financial Services, LLC does not provide tax or legal advise. Please consult with your tax advisor or attorney. This summary is courtesy of our CPA friends. Consult https://www.congress.gov/bill/115th-congress/house-bill/1/text for details.

Past performance is not indicative of future results. Starfox Financial Services, LLC makes no promises or guarantees. Investments will go up or down depending on market conditions. The information presented is general in nature and not specific to any investor. Please consult your advisor for how it may relate to you.

Download the January 2018 Update presentationCLICK HERE

Discussion Topics
▪ Tax Reform
▪ Market Update
▪ Outlook for 2018

Questions? Feel free to contact us:
➢ 281-764-2139 or 760-946-0700
➢ Jose Palafox, Founder, Advisor, Portfolio Manager – [email protected]
➢ Bill Friebel, CFP®, Partner, Advisor, Client Service/Planning – [email protected]

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Technology Used By Financial Advisors

What types of technology do Financial Advisors use? Jose Palafox, owner and managing member of Starfox Financial Services answers your questions.

Starfox Financial Services can offer Financial Planning, Stock Trading, Checking Accounts, 401K, IRA’s, and more because of today’s technology – but without the extra cost.

Questions? Contact Jose at [email protected]

Misconceptions About the Market

What are misconceptions about the stock market? Jose Palafox of Starfox Financial Services talks about the market and why it’s important to have a financial advisor that’s working for you.

Questions? Contact Jose Palafox at [email protected]

Starfox Financial Services, LLC. is an independent Registered Investment Advisor (RIA) with a focus on serving the unique needs of the high net worth investor. Because we are an independent RIA, we are able to offer wealth building tools and advice without bias or conflict of interest.

Our in-house research team and tactical approach to wealth building and preservation offer a unique way to manage risk and address financial goals.

Saving Money for College

How can I save for school? Jose Palafox of Starfox Financial Services shares tips on saving money for your children’s college.

“We all know it’s completely expensive today to send somebody to college. Being that I have five kids I know this very well,” shares Jose Palafox, owner and managing partner of Starfox Financial Services, LLC.

“And a lot of times we have to make sure we put money away for college for those kids. But here’s the thing that I’ve also found. The story that I like to tell a lot of my clients is that you are saving for college, you don’t have to necessarily have to save it in a ‘college account’ as people like to do. Although that is important and it can help – it can even help some on taxes.”

“Here is a question that I have or a lot of people. If you put the money in the kid’s name, and it becomes their account when they become 18 or 21 – depending on the state you are in, the question is what is that kid going to do with it at age 18 or 21?”

Jose Palafox shared his experience in the video above about a high school friend that received funds at 18 and what happened soon after having access to the account.

“It’s ok to save for college. Just make sure it’s something that kids can’t control – because they may not use it for college.”

“One of the things we do at Starfox is to always access risk. What’s the risk in the situation that we are putting you in – the investments that we are putting you in?  In this case, so many people forget that when you are 18, you have a different mindset than at 30, 40 or 50 years old – and not as responsible as 18.”

Questions? Contact Jose Palafox at [email protected] or visit https://starfoxfinancial.com/contact-us/

Starfox Financial Services, LLC is an independent Registered Investment Advisor (RIA) with a focus on serving the unique needs of the high net worth investor. Because we are an independent RIA, we are able to offer wealth building tools and advice without bias or conflict of interest.

Getting Divorced? Why Your Should Speak with a Advisor

Going through a divorce? Be sure to talk to a financial advisor!

Jose Palafox of Starfox Financial Services explains why you should talk with a financial advisor if you are going through a divorce to make plans and move forward. Questions? Feel free to contact us at [email protected] or (281)764-8239.

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24 Stock Market Facts to Know

Reality Check! Here are 24 Stock Market Facts to know to help you have realistic expectations so you can plan your financial life appropriately:

  1. Market rallies do not go on forever.
  2. Well-diversified portfolios contain a variety of asset classes (large/small/foreign/domestic, etc); those without proper diversification will get slammed at some point.
  3. Markets can change at any moment without notice. After the change, you won’t know the top or the bottom until well after it has occurred, so don’t try and guess either.
  4. Flat years are normal.
  5. Down years are normal.
  6. Recessions are normal.
  7. Buying a specific stock means someone has decided to sell that same specific stock. Have you ever considered the “why?” Ask yourself: What is that person losing that you’re gaining? What is that person gaining that you’re losing?
  8. Good planning takes into account good years, fair years, flat years and bad years.
  9. There is no such thing as a 100% risk-free return. Even a treasury bill, which has been deemed as risk-free, is only risk-free when it comes to principal. If its return doesn’t outpace inflation, it is NOT risk-free.
  10. Buy low/sell high is far more difficult than it sound when humans get involved and “feelings” are employed.
  11. There are a huge number of uncontrollable variables that impact market performance (weather, labor, energy, inflation, political climate, perception, litigation, legislation, management changes, etc).
  12. You cannot “will” a stock to new highs.
  13. Money needed for a short-term goal should never be invested in the stock market. The risk is simply too great.
  14. Your risk tolerance tends to move with the markets. If your investments are up, so is your belief of your ability to take the risks. If the markets are in the toilet, you have next to zero risk tolerance. It’s human nature. Proceed accordingly.
  15. Long-term bonds are risky.
  16. Just because it’s called fixed income, doesn’t mean you have no risk.
  17. Deferred annuities are rarely appropriate, except in very specific situations, regardless of what the sales people tell you. The guarantees and features and benefits typically come at a very, very steep price.
  18. Time seemingly flies during a market rally, and time slows down considerably when markets are trending downward.
  19. Stock tips are either illegal or just plain nonsense.
  20. Stock pickers are like sport fishermen, they can’t wait to tell you about the huge fish they caught, but fail to tell you when they catch nothing.
  21. People don’t talk about money; they show you their trappings, but not their values.
  22. Money is not a destination; it’s a tool.
  23. As soon as the markets turn south, someone will be touting gold bullion/coins as the next best investment.
  24. Buying rental real estate doesn’t provide a fool-proof guaranteed stream of income; regardless of what you’ve heard. Remember, someone just sold that property. Moreover, real estate professionals passed the opportunity to buy it. So what makes you so smart or so lucky? Again, proceed with caution.

Have questions? Contact us to talk with our experienced advisors about the stock market, accumulating wealth or navigating financial decisions. Take the time to assess your knowledge and don’t hesitate to ask for help from professionals.

Source: http://www.iris.xyz/advisor/reality-check-24-stock-market-facts-you-need-know