I’ve come up against quite a dilemma.  I’ve got more money to contribute to my Roth IRA retirement account, but have no idea which securities to buy with the money.

The problem is that I’m overloaded in the oil and gas sector, but right now, that’s really the only attractive sector out there until the rest of the market (driven by the direction of the economy) decides which way to turn.

My requirements for securities in my Roth are:

1. A yield substantially higher than current bank rates
2. Stable securities with a consistent dividend payout
3. Securities must not be tied with the oil and gas sector

Some qualities I’d like to see are:

1. Dividend paid out monthly
2. Yield above 8%
3. Potential of moderate appreciation growth

Naturally, I can’t be too picky, as time is money, but I’d like to invest in securities that I don’t have to watch, and don’t have to worry about reading about every business transaction.

I’d like to stay away from mutual funds, and would rather look more towards ETF’s that are inherently diversified in and of themselves.

Any suggestions would be greatly appreciated, and I’ll definitely check out The Dividend Guy and frugal at My1stMillion to see what they recommend, but please chime in with your suggestions if you’ve got ‘em!

Investing, Retirement