Trying to invest my savings into NASDAQ: CSCO and hoping for a good return within a year... Thoughts?
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Think about how many of the innumerable investment options are available to you and thus easy to choose something that in all probability will perform better. Think SPY, QQQ imho.
Yes, CSCO can be a good investment because the company still holds a lot of buildings. They can sell real estate if they can't sell routers and switches.
Cisco leases the buildings. They don't own them. Or at least not in RTP. But they did lease out the 2nd floor of a building in RTP to a company. Large scale meetings are still held on the 1st floor and the cafe is still open for catered events. Pretty sure it's closed for regular lunch service. Employee's badges are deactivated for the building and the lobby ambassador has to escort Cisco employees who need to use the elevators instead of the stairs for ADA reasons.
Nope. Sp500 index outperforms.
Yes, CSCO can be a good investment because the company still holds a lot of buildings. They can sell real estate if they can't sell routers and switches.
CSCO is a late stage technology play similar to Kodak in the '80's. You might make money buying & selling options, but risky to buy and hold.
My HY Savings account is now offering 7% as of 08/31/23 and I only look at it once a month when my bank sends the interest... Why would I invest in Cisco stocks or any other stock where I constantly have to refresh the App monitoring those peanuts??
No
Just invest in mutual funds... easy 5% and dividends are paid out monthly.
CSCO stock has been stagnant for 20+ years. Not like the old days back in the 90s when it reached $200+/share and was splitting every six months.
The fact that you're asking people who have to work for a living says you're doing it wrong.
Just like doing well at jobs outside of Cisco you need to keep building and refining skills. If you are looking to blindly follow someone pick someone with a very long track record of beating the market.
No, 3.2% yield and minimal growth. Better off in a 5% money market account.
Troll.
No. Cisco is not a growth company. Buy nvidia instead.
The returns on my company stock has been really bad the past 5 years I’ve been at the company. So my strategy is to sell it asap and invest it into something with better and more diversified returns.
5 yrs CSCO +7.32%
5 yrs VOO +72.03%
Next quarter’s numbers will give you the answer you’re searching.
Yeah buy low buddy... down -20 and will never recover again since we got sued by splunks