Want Decades of Passive Income? 5 Stocks to Buy Now and Hold Forever

The magic of dividends is that you don't need to do anything to earn them aside from holding the stocks that pay them. Someone who accumulates enough dividend stocks could live off their portfolio's passive income stream and never have to work another day in their life. The trick is finding the right stocks. There aren't many businesses that can deliver decade after decade.

That said, the healthcare industry is a great place to look for such companies. Healthcare spending is in the trillions of dollars annually in the United States alone, and the desire for better care and more of it is only expanding as the world's population grows and the median age rises.

Here are five proven healthcare winners that can deliver decades of passive income. Nothing is truly forever, but these stocks are about as close as you can get.

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