Portfolio Update - October 2008

Top Ten Holdings ( by market value, not updated )

1. ST Engineering
2. Noble Grp
3. UOB
4. SIA
5. SingTel
6. OCBC
7. Swiber
8. Comfort Delgro
9. Semb. Marine
10. Hyflux

Dividend for the month of October = $183.40

For the year of 2008, my total dividend = $15,350.68

Market Value of equity = $255,675.21
Market Value of trust fund ( fundsupermart ) = $50,571.14 ( $2,923.32)
Market Value of trust fund ( finatiq ) = $33,568.35 ( $3,172.23)

A very huge shakedown this month... continue to believe and search....

Quotations from Warren Buffet ( same as last month ):
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

Our favourite holding period is forever.