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
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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
Bank of America Corp COM 060505104 290 21,440 SH   SOLE   21,440 0 0
Bank of Hawaii Corp. COM 062540109 34 500 SH   SOLE   500 0 0
First Tr Nasdaq 100 Equal Weight ETF 337344105 308 7,290 SH   SOLE   7,290 0 0
Google Inc Class A COM 02079K305 76 100 SH   SOLE   100 0 0
Google Inc Class C COM 02079K107 74 100 SH   SOLE   100 0 0
High Yield Muni Idx ETF ETF 57060U878 1,454 46,400 SH   SOLE   46,400 0 0
iShares Cohen & Steers Realty ETF 464287564 774 7,500 SH   SOLE   7,500 0 0
IShares Core S&P Total U.S. St ETF 464287150 210 2,250 SH   SOLE   2,250 0 0
iShares Dow Jone Real Estate ETF 464287739 8 100 SH   SOLE   100 0 0
iShares High Yield Corp Bond F ETF 464288513 745 9,125 SH   SOLE   9,125 0 0
iShares iBoxx Corporate Bond F ETF 464287242 3,523 29,650 SH   SOLE   29,650 0 0
iShares S&P Mid Cap 400 ETF 464287507 544 3,775 SH   SOLE   3,775 0 0
iShares S&P Municipal Bond Fun ETF 464288414 1,200 10,750 SH   SOLE   10,750 0 0
iShares S&P Small Cap 600 ETF 464287804 369 3,275 SH   SOLE   3,275 0 0
PowerShares High Yield Corpora ETF 73936T557 974 54,725 SH   SOLE   54,725 0 0
PowerShares QQQ ETF ETF 73935A104 420 3,850 SH   SOLE   3,850 0 0
Rydex S&P Equal Weight ETF ETF 78355W106 654 8,325 SH   SOLE   8,325 0 0
Spdr Barclays High Yield ETF ETF 78464A417 422 12,325 SH   SOLE   12,325 0 0
SPDR S&P ETF Trust ETF 78462F103 776 3,775 SH   SOLE   3,775 0 0