What does an investor do in times like these? The market is volatile and falling far more than it has risen the last month. Do you bail? Invest in Bonds? Put your money in banks?

One strategy you can try is to pick individual stocks. What should your criteria be? I'd suggest choosing only high-quality companies (note I didn't say “stocks”) with flawless balance sheets, huge cash flow, zero debt, and high yields. Are there any companies with these qualifications? I'll do some screening tomorrow to find out and I'll report back here.