Author: Heartland Boy

Choosing Hong Kong For Our First Family Holiday Destination

In June 2017, Heartland Boy’s family reached a mini milestone- they embarked on their first overseas holiday together as a family! Of course, trips to neighbouring Malaysia should not be counted! This is definitely a memorable occasion worth penning down in this blog. For Heartland Boy, this was a moment 29 years in the making! A confluence of factors made this family vacation possible: His parents finally shut down their hawker stall and were waiting to find new jobs. The children are working adults who can help finance this family holiday Heartland Boy was guilty after making too many...

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Should I Accept Blackstone Cash Offer For Croesus Retail Trust?

This week, Heartland Boy was forced to close the chapter on a cornerstone stock in his portfolio, Croesus Retail Trust. He first invested in Croesus Retail Trust in June 2015. Over a 27-month holding period, Heartland Boy managed to recognize an XIRR of 27.4% and an overall margin of 58% over his cost of investment. Again, this is a very satisfying return and quite similar to what he had achieved for Lippo REIT. What this also implies is that he will not have to decide between voting for or against Blackstone cash offer for Croesus Retail Trust. Yes, Heartland...

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Why Heartland Boy Sold Off Lippo REIT

Heartland Boy first purchased Lippo Malls Indonesia Retail Trust (‘Lippo REIT’) in May 2016 at 33 cents. He subsequently added to his position at 37.5 cents. On 25 August 2017, he sold off all of his shares in Lippo REIT at 43 cents. Including dividends, this translated into an XIRR return of 31.3% over a 15-month holding period. Heartland Boy is quite satisfied with his return for a stock with a relatively low beta listed on the Singapore stock exchange (SGX). However, he recognizes that his investment thesis is unlikely to pan out as forecast going forward. Here are...

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More Brown Rice After National Day Rally 2017?

Not many millennials would excitedly look forward to the National Day Rally, unless they were unlucky enough to be Heartland Boy’s previous economics students. Call him a nerd, but Heartland Boy listened to the National Day Rally online while he was travelling from the airport to his office. Well, for those who missed out on the National Day Rally 2017 that was held on 20 August 2017, here are the key highlights. In summary, Prime Minister Lee Hsien Loong (‘PM Lee’) made 3 key messages that his government is working hard on: Improving pre-school education Fighting diabetes Transforming Singapore towards...

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How Aspiring Home Owners Can Benefit From HDB Re-Offer Of Balance Flats

The government recently introduced a new scheme for Singapore citizens applying for HDB flats. Known as the Re-offer of Balance Flats (‘ROF’), it pools all unsold flats after a Sale of Balance Flats (‘SBF’) exercise. Heartland Boy thought this was a very interesting scheme. The public seemed to agree too as more than 5,500 applications were received for the 1,394 flats that were available. Here is Heartland Boy’s review of the ROF scheme and how aspiring home-owners can benefit from HDB Re-Offer Of Balance Flats. What Is The Re-offer Of Balance Flats? According to HDB, the Re-offer of Balance...

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[Giveaway] Win Tickets To SGX Bull Charge Charity Run 2017

The SGX Bull Charge is one of several SGX’s Corporate Social Responsibility (CSR) events. According to SGX, the SGX Bull Charge seeks to rally the companies listed on SGX and the finance industry towards a common goal of empowering communities through financial literacy and promoting sustainable societies. This is primarily achieved through 3 key fundraising events – Charity Golf, Charity Futsal and Charity Run. Both the Charity Golf and Charity Futsal have already been completed, with only the Charity Run remaining for the calendar year of 2017. Courtesy of SGX, Heartland Boy has 10 free tickets to be given...

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How To Invest In The Best Singapore REITS

For many retail investors, it is usually the mouth-watering yield offered by S-REITS that first catch their attention. It is well known that REITS as an asset class provides one of the best dividend yields in the market. For Heartland Boy, he was first attracted to REITS as he was tasked to build a dividend portfolio for Heartland Girl. Based on Heartland Girl’s investment profile, she prefers investing in equities with low beta and high dividend yields. (nothing wrong with that though)  This kick-started a journey whereby Heartland Boy started to learn the fundamentals of the REIT industry, as...

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Why The RWS Invites Membership Is Value For Money

Resorts World Sentosa holds a special place in the Heartland Couple’s hearts. They celebrated many important milestones at this lifestyle destination resort. It started with Heartland Boy proposing to Heartland Girl at Ocean Restaurant. Their journey with RWS culminated with their wedding reception at Tangerine restaurant in ESPA. It was a beautiful restaurant that allowed them to hold the kind of wedding they envisaged. As a bonus, this one-off expenditure allowed them to qualify for the RWS Invites membership. Throughout the year, Heartland Boy has been working his RWS Invites membership hard to achieve incredible savings. Here is his...

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How To Meet Minimum Spending Requirement On Your Credit Card

Has it ever occurred to you that you miss out on your cash rebate or savings’ interest because you fail to meet the minimum spending requirement on your credit card? That is because it is common for the banks to mandate that you reach a minimum spending on your credit card before certain lucrative bonus and rewards start to kick in. For instance, Heartland Boy has to ensure that he spends at least $500 per month on his UOB One credit card so that he does not miss out on an annual interest of $775. This is already considered...

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How Much Money Can You Withdraw From Your CPF At 55

Heartland Boy notices that there seems to be some confusion on the amount of money/cash that one can withdraw from his or her Central Provident Fund (‘CPF’) upon reaching the withdrawal age of 55. Indeed, withdrawal limits do get more complex when various schemes such as Retirement Sum Top Up (‘RSTU’) and transferring from one’s Ordinary Account (‘OA’) to Special Account (‘SA’) are taken into consideration. This is understandable as the answers to these questions can sometimes be found over several pages on CPF’s website. It takes considerable effort to piece those information into a consistent and congruent piece....

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Property Investment Course On How To Choose The Best Property

The property market is experiencing a mini revival now. Recent launches such as Park Place Residences sold out its released units in a single day, a phenomenon that had not happened in the last 5 years! Given the strengthening sentiments, developers are also bidding for land aggressively.  Add to the fact that the mainstream media is talking about the possibility of a property rebound, Singaporeans are making a visit to the sales gallery their weekend activities. Afterall, Asians, specifically Singaporeans, have a strong love affair with property investing. On this topic, Heartland Boy agrees that property is a good...

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Mid Year 2017 Stock Investment Review

Given that the first half of the year is behind us, Heartland Boy thinks it is apt to do a half-time health check on his stock investment portfolio. Previously, Heartland Boy had not accounted for spare cash lying around in his portfolio that had not been utilised. This was a mistake that he had made in computing his stock portfolio returns. Therefore, he has amended the mistakes and updated his past investment performances. The financial metric that is used to evaluate previous performances (Year 2014, 2015 and 2016) is Internal Rate of Return (IRR). For his mid year 2017...

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New Stores On ShopBack That Give You Fantastic Cashback

Heartland Boy has been a loyal user of Shopback right from the start and even wrote an article trumpeting the merits of Shopback. Since that blog post, Shopback has brought on so many merchants that provide tremendous value. As a result, Shopback has become an even better cashback shopping website in Singapore. Heartlad Boy would like to share about the new merchants that he is especially fond of. For instance, the folks behind Shopback have obviously been working hard to persuade popular merchants such as Grab, UberEats and Eatigo to join the online shopping platform. By securing more and...

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Is HSBC Advance Credit Card A Better Cashback Card?

Cashback credit cards are really gaining popularity with consumers in Singapore these days. During the credit card promotion by SingSaver in March, close to a hundred readers signed up for the Standard Chartered Unlimited Cashback Credit Card via Heartland Boy’s referral link! Unfortunately, that particular promotion by SingSaver had already ended. In its place, SingSaver has released 6 credit cards that would feature in its promotion for the month of June. One particular credit card caught the eye of Heartland Boy and that was the HSBC Advance Credit Card. Jumping onto the cashback bandwagon, HSBC did a major refresh...

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What Does Adulting Mean For Millennials In Singapore

When Heartland Boy first heard about Adulting last year, he immediately associated it with adultery or promiscuity. Apparently, Adulting is a verb derived from the noun “Adult”. Pretty much like how google was a noun before it became more commonly used as a verb. It first gained traction amongst millennials in the States before it started spreading globally. Since Heartland Boy was clueless about Adulting, he did what millennials would do- googled it! Much to his amusement, he realised that he could not be further away from the truth! So what exactly is the meaning of Adulting? According to American...

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