I listen to Cramer sometimes, and he put me onto an oil trust. Now, it’s got about a 7 year life, but it puts ALL its profits back as dividends, has a positive growth in stock value, low P/E. Also got into a Fidelity natural gas fund (wide range of oil and gas related stocks). Down slightly the first quarter, but has a growth rate of 25% per year....year after year after year.
Finally, look at money funds. Not CDs but actual funds that invest in currency spreads.
Energy and money. Cant go too wrong.
NB when you get into those MLP (master-limited partnerships) you get a K-1 form in, oh, usually late February to mid-March.
If you do your own taxes, be prepared to deal with a whole new bunch of forms, possible foreign taxation and tax shelter registrations and accounting when you own one of those MLP’s, especially a foreign one (eg, any of the Canadian trusts).
I like those MLP’s, but you should know the tax consequences before you buy into them. There is additional paperwork and hassle when you do your taxes.