Sid Miramontes gives smart moves for your retirement savings in a volatile market

Although managing your 401k was pretty easy when stocks could only seem to go in one direction, you’ll likely react differently when stocks shift unpredictably, or even fall. Fortunately, there are strategies that you can use to manage your portfolio in times of trouble. Miramontes Capital’s Sid Miramontes recently gave GoBankingRates tips to keep in mind to take advantage of market volatility.

“Through thick and thin, bonds go far in giving your portfolio stability,” said Sid Miramontes, founder and CEO of Miramontes Capital. “Compared to stocks that take a beating in a downturn, bond investments fare much better.”

Read the full article: Smart Moves for Your Retirement Savings in a Volatile Market (GoBankingRates)

February 24th, 2018|Categories: Client News|Tags: , , , , , , |

Miramontes Capital’s Sid Miramontes shares his thoughts on real estate lending

The stock market is off to a roaring start in 2018, but there’s no shortage of investment gurus who warn that continued equities growth is far from guaranteed. One of these gurus is Sid Miramontes, founder and CEO of Irvine, Calif.-based Miramontes Capital, which has more than $250 million in assets under management.

“Investing a percentage of a retirees funds in real estate flipping would be considered an aggressive investment,” said Miramontes.

Even though the investor would not directly manage the real estate project, he or she has to understand the risks involved in funding the project, material costs, project completion time, the current interest rate environment, where the properties are located geographically and the state of the economy, he said.

Read the full article: Investors ‘Flocking In to Real Estate Lending (InsuranceNewsNet)

January 25th, 2018|Categories: Client News|Tags: , , , , , |