My cost basis for JNJ is about $88. Today’s drop got my interest as i could take on another slice of JNJ. I looked quickly and even with my lower cost basis on 2/3 of a full position, i could not buy at $121. I think somewhere closer to $118 gets interesting. I would really like all purchases close to or below a 3.% dividend.
I also looked at the ETFs – FHLC and VHT given the impact of JNJ, CAH, MRK etc … not there yet. The ETFs i think are still 8-10% too expensive.
Patience, patience, patience … the mantra