2 Magnificent Dividend Stocks to Buy and Hold Forever
ABBVAbbVie(ABBV) The Motley Fool·2024-10-14 21:45

These companies have compelling track records.There are great reasons to follow Warren Buffett's lead and buy stocks with the goal of holding them forever. For instance, there are tax advantages when you hold equities for a long time. Also, when you purchase shares of dividend stocks and opt to reinvest the payouts, the compounding effect can work its magic. Research shows that most of the S&P 500's returns since 1960 can be attributed to reinvested dividends and compounding.Of course, not just any dividend ...