I bought my 1st 25 shares of 3M @ around $85 in August 2011
Added another 15 shares around $77 later that month.
Purchased lots of 20 at under $100 a share 3 times in 2012 & continued to DRIP.
Fast forward to 2017. 3M had a magnificent year. I can't guarantee this, but it seems like they raised the dividend 35%. I was feeling pretty smug. Here's what I'll never forget. Sometime late that year, or early 2018, when shares were closing in on $250, someone on the Yahoo message board asked if now would be a good time to initiate a position ?
I didn't make any friends on the board when I answered with "ultimately, you're the only one who can make that decision, but I wouldn't buy at these levels"
Bottom line is I held on & now I'm only up 17%.
What do I think of it today ?
I'm not going to add any new money, but I'll continue to reinvest dividends.
You just never know with all these lawsuits ?
Johnson & Johnson shares haven't suffered nearly as much as 3M, but they're in the same boat.