PreII, considering you want a "one-decision" (to buy and hold for 20 years) in a qualified account, I would shy away from any individual stock. The "deferred" nature of a Roth means that should any vehicle which populates your Roth experience a significant drawdown in NAV, you would "eat" the full loss as losses in qualified accts are not deductible. Whatever the merits of your individual stock picks, I feel they would best be positioned in a taxable account, NOT a Roth.
As for D&C, IMO the fact that they absolutely botched it on the mortgage meltdown, suggests that, at a minimum, until they demonstrate they are back on track, to avoid adding any new AUM to their funds.
In qualified vehicles, especially for those who want to buy and hold, I would favor hybid OEFs. These will provide reasonable, consistent growth, with a very reduced prospect for major drawdowns in NAV. Some vehicles I like in this category:
OAKBX, VWELX, GLRBX, FGBLX, WASCX, LAALX, FPACX, PRPFX
I would pick 2-5 of these. Treat them as a 'team of horses' -- even if one falters for a time, the other should pick up the slack.
If you insist on an 'all-equity' approach. Certainly 'global' is the way to go. (though, again, my preference would be to take that approach in a taxable account). My faves at the present are as follows:
1.VYM/PID: (as a combo) these are a global divd ETF.
2. Vanguard Global Equity.
3. VT: New Vanguard global stock ETF.
Good luck.