"When we pick a stock for its dividend, we make sure there's enough margin of error there," said Schluederberg. "We look at the payout ratio to make sure there's enough protection in case earnings don't quite come through."
As to way invest in them, Schluederberg says that good companies are raising their dividends and that actively managed dividend investing works and that they are a source of rising income.
Genovese said that a prudent investor uses both stocks and bonds in their portfolio, but took a different tact on real estate. "Returns on real estate are higher than dividend stocks and rising," said Genovese. "And real estate is the best hedge against a jobless recovery. It also comes with great tax value in terms or write offs."
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Disclosure information was not available for Schluederberg and Genovese.