1 Can sweetened condensed milk

Take the label off the can and place the whole, unopened can in a pan of water so the water covers the can completely. Bring to a boil, then lower to a simmer and simmer uncovered, for 2-3 hours adding water as necessary to keep the can covered. At the end of the cooking time, cool the can and when you open it, voila! You will have caramel dip! The longer cooking time makes a thicker caramel with a deeper flavor. (The can acts as a double boiler and the sugar in the milk caramelizes). Serve with apple slices, cookies, brownies, pudding etc.