Wanna go ultra conservate??? Canadian energy trusts pay a monthly dividend and they invest primarily in oil and gas plays, buying out junior and not so junior oil drillers and pipeline companies.
here is a list that nlightn sent to me a while ago and after reading some reports this weekend I think that stocks LIKE these would be great long term holds
EENC,PCH,PTF,PWI,PVX,ERF
There is no substitute for conducting your own research