27.02.2025 11:47:00
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Want Decades of Passive Income? 3 Stocks to Buy Now and Hold Forever
Imagine being able to buy a machine that would work day after day and year after year to make you money. Now imagine being able to buy several such machines. This would be a utopia for anyone seeking passive income.The good news is you don't have to use your imagination. These "machines" exist -- and they're called dividend stocks. There are no guarantees in investing, but these stocks can help set you up for success. If you want decades of passive income, here are three stocks to buy now and hold forever.AbbVie (NYSE: ABBV) pays a dividend with a forward yield of 3.2% as I write this. Even better, though, is the drugmaker's dividend track record. AbbVie has increased its dividend for an impressive 52 consecutive years, ranking it among the elite group of stocks known as Dividend Kings.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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NOW Inc When Issued | 15,40 | 1,32% |
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