Market Update - January 31st 2010 

January was a mixed month for equities. They rose nicely in the first two weeks and fell back in the last week. This pause was to be expected, as many stocks are looking fully valued again. It is more important than ever in 2010 to be selective in your stock picks.

Following on with our idea that Green chips will be the place to be this year, our pick this month is a renewable energy stock. Our Aussie pick of last month has rocketed up and looks set to go much higher. Boring old Kresta has also leapt up over 30% in January. Gold and Silver have pulled back from their highs. It may be a good time to buy into both commodities, if you missed last years rally.

For the more cautious investors, our bond fund picks continue to do well. Treasuries and UK Gilts may have had their time in the sun but corporate bond funds should still do well in 2010.  

In the alternative investments category, classic cars have performed well and art and diamonds look to be on the rebound.

See our member newsletter and portfolios for all the details...