I just bought 1000 shares of Cisco (CSCO) at $18.87. I view Cisco as a high quality company that's somewhat undervalued, so while I don't expect massive returns I still think I'll do pretty well. Also, IMO holding CSCO is significantly more attractive than holding cash (this transaction took my portfolio from $54K cash down to $35.5K), so it makes sense from an overall portfolio construction perspective.
Questions? Comments? mevsemt@gmail.com
