CSCO
Cisco Systems, Inc. Common Stock (DE)
stock NASDAQ

CSCO is doing well - almost broke even from 2000 crash. Almost there.
https://preview.redd.it/c3m39s24jxbg1.png?width=3232&format=png&auto=webp&s=ecee534055377d19d5856900d1120decbd3c3138

CSCO is doing well - almost broke even from 2000 crash. Almost there.
https://preview.redd.it/c3m39s24jxbg1.png?width=3232&format=png&auto=webp&s=ecee534055377d19d5856900d1120decbd3c3138

xAI raised $20B from CSCO and NVDA.
Dotcom and AI bubble kings coming together to invest in an Elon project.
Cool.

I see a lot of “I always buy the dips” replies. How many of those were in the market in 2000-2003 or 2007-2009? Dip buyers were crushed, in some cases permanently. Especially if they had concentrated portfolios in the hot stocks of the day. Buying the 2000- dip in CSCO meant you only finally broke even last year. If you’ve only been in the markets since 2010, all you’ve seen is short declines and rapid recoveries; that’s not all there is.
The more you invest in broad indices or genuinely diversified and defensive portfolios, the less you need to time the market. The more you invest in concentrated high flier high beta portfolios, the more you need to time the market.
The S&P 500 is no longer a broad index. A portfolio of 10 similar names is not diversified. A name that has kept up with the market recently is probably not defensive.
Market timing has a bad reputation because the financial industry wants it to. Obviously they want investors to keep putting money in. But market timing can be simply looking at the market as a stock: what is its valuation, cash flow, growth, etc. And it is not a binary decision: you don’t flip between 0% and 100% invested, you incrementally adjust.