The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
A T & T COM 00206R102 1,591 45,155 SH   SOLE   45,155 0 0
Abbott Laboratories COM 002824100 1,250 30,050 SH   SOLE   30,050 0 0
Apple Inc. COM 037833100 2,552 25,328 SH   SOLE   25,328 0 0
BCE, Inc. COM 05534B760 1,628 38,075 SH   SOLE   38,075 0 0
Chevron Corp. COM 166764100 2,735 22,920 SH   SOLE   22,920 0 0
Cisco Systems, Inc. COM 17275R102 1,706 67,775 SH   SOLE   67,775 0 0
Citigroup, Inc. COM 172967424 1,769 34,130 SH   SOLE   34,130 0 0
Coca-Cola COM 191216100 1,757 41,180 SH   SOLE   41,180 0 0
ConocoPhillips COM 20825C104 1,687 22,050 SH   SOLE   22,050 0 0
EMC Corporation COM 268648102 2,091 71,450 SH   SOLE   71,450 0 0
Financial Select Sector SPDR F COM 81369Y605 7,266 313,610 SH   SOLE   313,610 0 0
General Electric COM 369604103 3,817 148,985 SH   SOLE   148,985 0 0
Intel Corp. COM 458140100 1,886 54,160 SH   SOLE   54,160 0 0
International Business Machine COM 459200101 790 4,160 SH   SOLE   4,160 0 0
International Paper Co. COM 460146103 1,624 34,010 SH   SOLE   34,010 0 0
Johnson & Johnson COM 478160104 2,424 22,745 SH   SOLE   22,745 0 0
Merck & Co. Inc. COM 58933y105 2,945 49,675 SH   SOLE   49,675 0 0
Microsoft Corp. COM 594918104 2,064 44,515 SH   SOLE   44,515 0 0
Pfizer Inc. COM 717081103 2,030 68,660 SH   SOLE   68,660 0 0
ProShares Short S&P 500 COM 74347R503 8,299 360,655 SH   SOLE   360,655 0 0
Procter & Gamble Co. COM 742718109 2,573 30,725 SH   SOLE   30,725 0 0
Qualcomm Incorporated COM 747525103 1,500 20,060 SH   SOLE   20,060 0 0
Wal-Mart Stores Inc. COM 931142103 2,707 35,400 SH   SOLE   35,400 0 0
Waste Management Inc. (New) COM 94106L109 2,009 42,270 SH   SOLE   42,270 0 0
iShares Dow Jones Select Divid COM 464287168 9,451 127,958 SH   SOLE   127,958 0 0
iShares Russell 2000 Index COM 464287655 886 8,100 SH   SOLE   8,100 0 0
SPDR MSCI ACWI ex-US ETF COM 78463X848 438 12,500 SH   SOLE   12,500 0 0
iShares MSCI ACWI ex US Index COM 464288240 239 5,255 SH   SOLE   5,255 0 0
BlackRock Build America Bond T COM 09248X100 3,826 182,000 SH   SOLE   182,000 0 0
Duke Energy Corporation COM 26441C204 2,881 38,530 SH   SOLE   38,530 0 0
Guggenheim Multi-Asset Income COM 18383M506 9,657 396,910 SH   SOLE   396,910 0 0
Utilities Select Sector SPDR F COM 81369Y886 7,354 174,720 SH   SOLE   174,720 0 0
iShares U.S. Preferred Stock I COM 464288687 3,612 91,400 SH   SOLE   91,400 0 0
iShares Barclays 20+ Year T-Bo ETF 464287432 8,170 70,265 SH   SOLE   70,265 0 0
iShares iBoxx Investment Grade ETF 464287242 11,251 95,173 SH   SOLE   95,173 0 0
ALPS Alerian MLP ETF UT LTD PARTNER 00162Q866 5,346 278,885 SH   SOLE   278,885 0 0