JNJ – thought about it

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

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