Good riddance to Bernard Madoff!  He was sentenced to 150 years in prison for the callousness of his Ponzi scheme, which swindled clients out of an alledged $13 billion. Lets hope that this brings to a close a shocking chapter in corporate corruption.

The recent rallying in the equity markets has slowed considerably over the last two  weeks and the markets now look toppy.

We are continuing with our mantra for 2009 of Quality, Quality, Quality.

There are bargains to be had, but you need to be very selective in the stocks and funds that you consider.

Our pick this month for the Balanced Portfolio is a blue chip telco that has increased its dividend for four straight years and is well positioned to ride out the recession.

Our pick this month for the Growth Portfolio is an exchange traded fund that will benefit from an extreme supply and demand situation that has emerged. When this happened in the 1970s this commodity rose by more that 750%.

Oil has been slowly creeping back toward the $70 level. Our recent energy picks have come up trumps - most are up over 50% in just a few months.  Two of our recent picks are involved in  solar power and alternative energy. 

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