I'm thinking everyone jumped back onto the AAPL train once Facebook got reamed today. I get why Apple is considered "cheap" based on its valuation, and that upcoming dividend is looking pretty nice, but there's just something about that $500+ share price that bothers me. It's the same reason I won't touch Google, Chipotle, or Priceline.
When would you jump into Facebook? I don't think it's worth considering above $20, but I am looking forward to options coming online next Tuesday.
Nothing wrong at all about boring dividend stocks, baron. Stocks of solid companies that will very likely still be here 30 years from now should be the core holdings for any investor. Coke (KO) has been very good to me ever since I first acquired the position. My newest core holding that I started last year is Intel (INTC). ARM is a worthy competitor now that AMD has faded, but I don't see Intel giving up its spot anytime soon.
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