NEW YORK ( TheStreet) -- This week, Americans will celebrate the Fourth of July, which honors the adoption of the Declaration of Independence. As part of that tradition, families will take enjoy a day off from work and relax at the side of pool and enjoy -- and share recipes for -- barbecue and pecan pie.
My problem is that I'm not much of a cook, so I can't offer any good recipes, and since I'm from South Carolina I eat only mustard-based barbeque. Furthermore, I'm trying to lose a few pounds for the beach, so I'm just staying away from anything that resembles a fat gram.
So as my kids enjoy splashing in the pool on the Fourth, what kind of recipe can I share with my friends and family? I don't want to be "Boring Bettie" and talk about the threat of rising interest rates and I certainly don't want to get so bored that I'm forced to take off my shirt and do belly flops (that would be dangerous).
I want to talk about something that everyone at the party can relate with and I want to be able to come up with the best recipe ever. I need a "secret ingredient" that will make all of my friends think that I'm the most amazing chef around...
Serve Up Some Dividends, BabyBingo. I will serve up the best recipe on the planet. One that promises long-term rewards and that makes folks salivate for more. I will bring the juiciest and most sought after recipe that will easily make me the life of the party. Most importantly, my recipe will last for quite some time, possible even for generations. Here's my pitch: "Hey Guys. I have a terrific recipe to share with you. It's easy and all you need is $1.00, and there is no maximum amount required. You simply pick your favorite real estate sector: apartments, hotels, office, shopping centers, malls or even data storage. It's kind of like Monopoly. You diversify with several different companies. Then you sit back and wait on your dividends." I can hear my Uncle Bob saying: "Dividends. That's so boring Brad. I would rather eat a snake than invest in dividends."
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV