Portfolio Update January 2010

2010 Year to date (YTD) Return Portfolio -3.03% Equity(Include Funds)  -4.48% Direct Shareholding -2.88% Dividend/Coupon/Interest received for 2010 $2,584 Absolute Return Since Nov 2007 Portfolio 2.27% Equity(Include Funds) 9.19% Direct shareholding 10.38%

1) Add on to my existing positions in some companies by recycling the capital recovered from selling my funds. From what i see so far, it is unnecessary to reduce exposure to equities as I still believe this is a healthy correction and the market will be higher than it is now in 6 months time.