Author: Heartland Boy

How I Use Comparison Websites To Get The Lowest Price

Comparison websites have been around for a long time but not many in Singapore are actually aware about them. Heartland Boy personally thinks that a comparison website allows him to evaluate costs and benefits, help him check out alternatives and ultimately snag the best deal out there. In this article, Heartland Boy will show you how he uses comparison websites to get the lowest price possible. Air Tickets This was probably Heartland Boy’s first brush with comparison websites. When he was still a young undergraduate on an overseas exchange programme, he was regularly searching for cheap budget airlines. His...

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Is OCBC 360 Account The Most Complex Savings Account?

OCBC has announced a THIRD change in 4 years to its flagship savings account- the OCBC 360 Account. Heartland Boy remembered that when OCBC 360 Account was first introduced to the market, the product was so good it became the talk of the town on Internet forums. As a result, OCBC grabbed plenty of market share. After numerous rounds of changes, the rules have changed and the goalposts have clearly shifted. What is noteworthy is that the current round of changes is so multifarious and mathematical that it takes tremendous effort to understand and analyse them. Beyond account holders...

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How To Maximise The Cashback On Your UOB One Credit Card

Cashback credit cards are Heartland Boy’s absolute favourites and the UOB One Credit Card consistently ranks amongst one of the best. To earn the well-deserved cashback, the card holder would have to fulfil certain conditions. Based on approximately 2 years of personal experience using the credit card, Heartland Boy realises that the conditions are hardly intuitive at all. Drawing from his own episodes of near misses, this is a review on how you can maximise the cashback on your UOB One Credit Card. UOB One Credit Card- How Does It Work? Table 1: UOB One Credit Card Cash Back...

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Baby Bonus And The Best CDA Account For Your Newborn

The fact that Singapore is facing a declining birth rate is a well-known problem. The government has been trying everything it can to address this issue and that includes throwing in the proverbial kitchen sink. Well, it is indeed throwing something at the problem and that is money. It has increased monetary incentives to all parents-to-be to help them cope with the costs of raising a newborn. Since they are there for the taking, it will be foolish for first-time parents not to take full advantage of them if their circumstances allow. Find out more about the 2018 Baby...

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I Lost Money From My Short Sell Stock Mistake

According to most Chinese Zodiac forecast, 2018 will be a terrible year for those born in the Year of the Dragon. Dragon babies ought to be extra careful when it comes to investment in 2018. Heartland Boy was born in the year of the Dragon but he did not shy away from the stock market despite such ominous warnings. Afterall, Heartland Boy never read about famous investors such as Warren Buffet blaming astrology for poor performances. Prescient or otherwise, 2018 had so far turn out to be extremely disappointing in terms of investment returns for Heartland Boy. He is...

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Changes To The OCBC 365 Credit Card You Should Take Note

The OCBC 365 Credit Card has been one of the mainstays in Heartland Boy’s staple of cash back credit cards. Recently, OCBC announced some key revisions to its beloved OCBC 365 Credit Card which would take effect from 1 Oct 2018 onwards. On its website where the online application form can be found, the changes have been nicely summarised in a table. It makes for easy comparison between the current and the revised cashback for the various categories. Upon deeper analysis of the terms and conditions as well as the FAQ, the changes are not as straightforward as they...

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Learn Amazing Tips At CPF Retirement Planning Roadshow 2018

Heartland Boy often hears that the Central Provident Fund (‘CPF’) is way too complex and confusing. Such reactions can be empathised as there are indeed many rules governing different aspects of Singapore’s unique social security system. New policies designed to improve the CPF are regularly rolled out which makes it even more difficult for CPF members to keep up to date. Therefore, Heartland Boy has always been extremely supportive of CPF’s initiatives to raise public awareness. None comes more appropriate than CPF Retirement Planning Roadshow which are typically held at the heartlands to maximise outreach. Interactive activities, coupled with...

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My Experience With Crazy Rich Asians

You are probably living under a rock if you have not heard of Crazy Rich Asians by now. It is THE talk of the town and there is not a single day that goes by without the Singapore press writing something about movie. If you have not watched the Crazy Rich Asians yet, you should totally get the next available ticket at the nearest cinema! For the uninitiated, the movie is adapted from the book titled “Crazy Rich Asian”, an international bestseller. Heartland Boy watched the movie and like most others, found it greatly entertaining and satisfying. He felt that...

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Do Not Rejoice At The Voluntary Early Redevelopment Scheme… Yet

The National Day Rally (‘NDR’) has often been dubbed the year most important political message in Singapore’s calendar. Unsurprisingly, Heartland Boy had his ears peeled to the English version of the 2018 NDR that took place at ITE College Central on 19 August 2018. Afterall, he considers himself a mini current affairs geek. Topics spoken had a central theme of rising cost of living. One topic that many have a vested interest in, or at least 80% of the population that are living in HDB flats, is that of decaying HDB leases. It all started with a timely reminder...

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Why I Reinstated My Dependants’ Protection Scheme At Age 30

Impending parenthood has forced Heartland Boy to re-evaluate his financial planning more holistically. As he reviewed his insurance coverage, he realised that the Dependants’ Protection Scheme (‘DPS’) has inexplicably slipped from his grasp. The explanation for this is that Heartland Boy automatically enrolled into the DPS at age 16 when he was a part-time waiter at a restaurant during the school holidays. That also marked the first time he made his first working CPF contribution. Subsequently, due to insufficient funds in his Central Provident Fund (‘CPF’), the DPS eventually lapsed after the 60-day grace period. With a dependent to...

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An Eye-Popping 3.88% For The Revised UOB One Savings Account

In a rising interest rate environment, it is not surprising to see some banks in Singapore beginning to reward savers with higher interest rates on their deposits. In the past month, UOB announced some changes to its popular UOB One Account. Headlining the change must surely be the eye-popping 3.88% p.a. savers can earn with the revised UOB One Savings Account as purported by the bank. This headline certainly got Heartland Boy’s attention and he spent a weekend morning to pore over the changes. Here is his review of the revised UOB One Savings Account and who are ultimately...

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Earn $250 Cash When You Apply For The Best Cashback Credit Cards On SingSaver

  In the midst of World Cup 2018 fever and the annual Great Singapore Sale, the folks at SingSaver contacted Heartland Boy about its fantastic promotion. This July, SingSaver has specifically curated a list of the best cashback credit cards in Singapore. With the exception of the American Express KrisFlyer Card, all the cards on promotion belong to the cashback category. This means that the credit card holder gets a portion of cash back for every valid spend incurred on the credit card. If you are not an air miles collector like Heartland Boy, this month’s promotion will benefit...

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What To Watch Out For In A REIT Manager Fee

Singapore Real Estate Investment Trusts (‘S-REITs’) have been a great investment asset class for the past decade. The definition of REIT is a listed vehicle that pools funds from investors to purchase real estate or real-estate related assets. While it has gained tremendous popularity amongst investors, not many realise the importance of Manager fees. In a ceteris paribus situation, a higher Manager Fee will eat into the distributable income of the unitholders. In this article, Heartland Boy will explain in great detail on: What type of fees do REIT Managers earn, What are the industry standards for Manger’s fees,...

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APAC Realty Limited: Initiation Report

Business Model of APAC Realty Limited APAC Realty Limited (‘APAC Realty’) operates a leading brokerage under the ERA brand in Singapore. It was listed on SGX on 27 September 2017 with ticker code of (CLN.SI). Its IPO public offer tranche was oversubscribed 29 times. As at 24 June 2018, it has a market capitalisation of USD$220 million. APAC Realty is helmed by Jack Chua and its key management team has an average of approximately 20 years of experience in the real estate industry. Jack Chua has been with APAC Realty for 27 years. As a provider of real estate...

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Why I Bought Maternity Insurance For My Pregnant Wife

Heartland Boy doesn’t like to take chances in life. Generally, he sees himself as having quite a risk-averse personality. This is most evident from his stop-loss strategy when it comes to investments. Not long after finding out that Heartland Girl was pregnant, he swung into the thick of things by researching about insurance for pregnant woman. Having conducted extensive research online, here is his review of the best maternity insurance policies in Singapore. More importantly, he also explains why he bought maternity insurance for his pregnant wife. What Is Maternity Insurance Maternity Insurance is a term insurance that can...

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