1 Magnificent S&P 500 Dividend Stock Down 14% to Buy and Hold Forever

This will go down in history as an incredible year for stocks. The S&P 500 hit a new all-time high 50 times. For perspective, there are about 250 trading days in the year. So, on average, the market made history every five days this year. This is excellent for existing portfolios, but makes it challenging to find bargains.Higher prices mean that dividend investors get lower yields on new positions. The key is to be selective and take advantage of dips in prices of high-quality dividend companies. AbbVie (AB ...