Stock Pick: Washington Real Estate Investment Trust (WRE)
WRE is a REIT that owns properties in the Washington DC area. It is currently paying 6.5% dividends. The story supporting this pick is simple: There is no end to the ever-expanding government. The trend of expanding government can be found in many places in history. According to Milton Friedman, human history is dominated with big governments and concentration of power. Civil liberty, freedom, and small government are actually exceptions in human history, which over-time loses to expanding government.
Since the market has had a huge rally. I would recommend buy this stock on market correction or accumulate it over time to avoid market timing risks.