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 Elite Fitness Bodybuilding, Anabolics, Diet, Life Extension, Wellness, Supplements, and Training Boards
 Chat & Conversation
 Stock Help - CSCO please...
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| Author | Topic: Stock Help - CSCO please... | ||
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Cool Novice 
Posts: 30 |
Don't know too much about the stocks really and I have a couple questions. I know everyone is into this Cisco. and there are millions and millions in volume. It is almost guaranteed to go up, but couple questions: 1. With the high volume in shares, could that have any negative effect, or anything bad happen? 2. I have about 10k in the bank. Would it be a wise descision to put the 10k into CSCO, then just sell when I need the money, say 6 months? How much do you figure it would go up in the 6 months if i did this. Woudl this be a good or bad idea. Please inform me.     | ||
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Cool Novice
Posts: 35 |
It would be wise to talk to a financial advisor before you lose all your $$. Cisco is a great company but it's a gamble just like everything else. I wouldn't go droping $10K on just any stock. Good luck, Green | ||
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Moderator 
Posts: 790 |
I would feel comfortable dropping that kind of money on Cisco.. however it may drop a little (just a little) before going back up.. don't know if you are going to make any money in 6 months, but 18 months down the road you will...  | ||
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Moderator
Posts: 1480 |
Bro, I would consult a better financial autrhority than the EF board with my $10K. Still: Cisco is more along the lines of longer term - 6 months you may be able to do better with other investing strategies. As was mentioned, they can go down like any other stock. Matt | ||
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Pro Bodybuilder 
Posts: 384 |
I KNOW SHIT ABOUT STOCKS BUT I READ SOMEWHERE THAT IN LIKE 1990 IF YOU INVESTED $5000 IN CISCO. TODAY IT WOULD BE WORTH CLOSE TO 2.2 MILLON.PRETTY NICE HUH. | ||
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Amateur Bodybuilder 
Posts: 269 |
In 6 mts. CSCO will still be in the 60's. or maybe 70's. I would buy ORCL (Oracle). It cost a little more, but its more aggrestive! Its in the 70's now, but last week it was trading in 90's (strong). In this game bro, its all about timing. You can't go wrong owning either one, the question is, do you have the stomach???? | ||
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Amateur Bodybuilder
Posts: 145 |
Unless electricity goes bye bye Cisco will be number one for one year Simply, every network runs on these routers. BUT,,,, there are other options out there that will make more of a return for your money cicso is like,,,, GM and IBM and INTEL or Microsoft | ||
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Elite Bodybuilder 
Posts: 920 |
i just bought some more a few minutes ago at 60 7/8....the original position is at 58 1/8...wish me luck.. | ||
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Novice 
Posts: 4 |
Speaking of Cisco, here is my multi-million dollar mistake. Back in 1990, I was approached by a company looking for a specialist in my field. Unfortunatly, the only company that I knew under the name of Cisco was the food service company SYSCO. None to say the least, I turned down the offer. If I had only known!! | ||
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Moderator
Posts: 1480 |
Mikey, if you really did that, you wouldn't have lasted long at cisco anyway. Matt | ||
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Amateur Bodybuilder
Posts: 107 |
One of the safest strategies for dealing with stocks is getting a list of the top 30 bluechips and buying 100 shares of each (obviously over time!). Put them into a drip fund so they continously re-invest the dividends. Then the most important part...FORGET YOU HAVE THEM! | ||
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Amateur Bodybuilder
Posts: 128 |
hey bro...without knowing your aversion to risk and what you consider an "adequate" return it is impossible to recommend an investment strategy. If 10K is all you have to invest you should be careful about putting it into any one particular stock. CSCO is a good company that is dominant in their market but like any successful company other's are starting to come after them. Market timing is very difficult to do consistently in the long run. You are much better off buying good companies and holding for the long-term. If you don't want to pick individual companies but want returns consistent with the overall market just buy an index fund. These outperform about 90% of the actively managed mutual funds. Good Luck. | ||
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Cool Novice
Posts: 30 |
Thanks for all the help, it's appreciate. Everyone. |
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Ultimate Bulletin Board 5.45c
posted September 18, 2000 07:25 PM