Author: Heartland Boy

Investment Quadrant Course Review And Why You Should Sign Up

Heartland Boy is depending on his investments returns to generate passive income during his retirement. As 2018 was not a very kind year in terms of his investment portfolio returns, he decided to brush up his investment skills. Therefore, he attended the Investment Quadrant Course 2.0 organized by the Fifth Person back in June 2018. On hindsight, he was glad he did because he could hardly devote such precious weekends now that he has become a dad. Investment Quadrant is based on 4 core principals of Business, Management, Financial and Valuation. As such, Heartland Boy is going to review...

Find Out More

Why It Is Important To Purchase Home Insurance

Buying a house in itself is already a big-ticket item. As a home is a place where you spend a significant amount of time at, it is understandable that you would want to spruce up the place to your desires. According to Qanvast, the average HDB renovation cost is approximately $53,000. This excludes another estimated $30,000 that is likely to be spent on white goods such as electrical appliances and loose furniture. Having incurred such a large sum of money on renovation and fitting out, you definitely want to ensure that the value is well protected. To illustrate why...

Find Out More

Why I Sold Off ESR-REIT After Its Merger With Viva Industrial Trust

Heartland Boy originally owned Viva Industrial Trust (‘VIT’) when he purchased some units at 76 cents back in January 2017. ESR-REIT acquired VIT at $0.96 per unit, of which 10% was paid in cash and the rest in new ESR-REIT units issued at $0.54. That is the background of how Heartland Boy came to own ESR-REIT, ticker code J91U, in his portfolio. On 26 March 2019, he divested all his shareholding in ESR-REIT at a unit price of $0.535. After conducting a review of its short-term outlook, here are the reasons why he sold off ESR-REIT after its merger...

Find Out More

How To Write A Will Online In Singapore

With the birth of his daughter, Heartland Boy has a genuine dependent on his hands now. This has prompted him and his wife to review their insurance policies to ensure that they are comprehensive enough to cater for an additional dependent should anything untoward happen to them. The next major financial action to take is to write his own will after such a life-changing event. This led him to MoneyOwl, which provides online will writing services in Singapore. Why Heartland Boy Is Writing A Will 1. He decides on how his estate are distributed If Heartland Boy passes away...

Find Out More

Why Perform A CPF Top-Up To Spouse’s Retirement Account

Confucian teachings have perpetuated the belief that the role of a woman lies in reproduction and managing the household. Therefore, for folks who are aged over 55 today, they probably grow up in a society where it is common to have only one sole breadwinner in the family. An inconsequential result of this social norm in modern Singapore is that woman retirees today have had lesser years to build up their retirement savings. Many of them have low CPF balances and Heartland Boy’s mother-in-law was unfortunately one of them. However, his father-in-law performed a CPF top-up to his spouse’s...

Find Out More

Why I Chose HDB Housing Loan Over A Bank Loan

One of the major financial considerations in the adulting journey is to purchase your first home. As houses are big ticket items, it is not uncommon to turn to debt to finance this asset. Heartland Boy purchased a BTO, which is a form of public housing back in 2014. In beginning 2019, as he collected the keys to his HDB flat, he was faced with the dilemma of choosing between a HDB housing loan or a bank loan. Eventually, Heartland Boy chose HDB loan over a bank loan. Here are the advantages of choosing a HDB loan over a...

Find Out More

Why I Chose HDB Housing Loan Over A Bank Loan

One of the major financial considerations in the adulting journey is to purchase your first home. As houses are big ticket items, it is not uncommon to turn to debt to finance this asset. Heartland Boy purchased a BTO, which is a form of public housing back in 2014. In beginning 2019, as he collected the keys to his HDB flat, he was faced with the dilemma of choosing between a HDB housing loan or a bank loan. Eventually, Heartland Boy chose HDB loan over a bank loan. Here are the advantages of choosing a HDB loan over a...

Find Out More

Complete Guide To Your HDB Key Collection Date

The most exciting day in your HDB journey has finally arrived! Getting keys to your HDB BTO is a momentous milestone in your adulting journey. As you countdown to that fateful day with bated breath, there will be a hundred and one things going through your mind – What documents do I have to bring? What should I expect? How do I perform the door opening ceremony? Heartland Boy knew exactly how you feel because he too waited almost 4.5 years before he finally collected his keys on 28 Jan 2019. As such, he shall share the HDB key...

Find Out More

How I Grow My Kid’s Ang Bao Money

2019 was a special Chinese New Year (CNY) for Heartland Boy as he celebrated it with the addition of a new family member. After 3 straight years of giving out red packets during Chinese New Year, he was blessed enough to once again find himself on the receiving end of such a lovely traditional custom. As a parent to a 3-month old, he finds himself entrusted with the responsibility of safe-keeping the hong bao monies that Olympia has received during CNY. He vividly remembers those times when his mother brought him to the friendly neighbourhood bank to deposit his...

Find Out More

Why Disability Income Insurance Should Not Be Overlooked

Heartland Boy could still vividly the evening when Heartland Girl came hopping into their bedroom showing two lines across the pregnancy test kit. Of course, Heartland Boy leapt with joy at the thoughts of becoming crowned a dad. As unromantic as it sounds, the impending reality that Heartland Boy would soon have a dependent sank in very quickly. A nicer way of putting it is that Heartland Boy has strong innate paternal instincts. He soon rang up his insurance agent to request for a holistic review of the family’s insurance policies. The aim is to ringfence risks so that...

Find Out More

Heartland Boy 2018 Stock Performance Review

2018 is behind us and it is time for an annual review of Heartland Boy’s stock portfolio. The metric used to measure the stock performance would be Internal Rate of Return (“IRR”) and the relevant benchmark is the Singapore Straits Times Index (STI Exchange Traded Fund). Having a benchmark is important as it allows Heartland Boy to track and compare his active investment strategy. Heartland Boy will also be including his cash component when calculating his stock performance. Returns will include both realised and unrealised transactions. Without further ado, let’s get straight down to business. Historical Stock Performance Of...

Find Out More

Are You On Team Cashback This CNY?

This Chinese New Year, SingSaver is launching its BIGGEST credit card promotion campaign ever. It is a campaign that truly divides loyalties as the battle lines have clearly been drawn. SingSaver is pitching Cashback credit cards against Air Miles credit cards. The rewards for this unique campaign are massive, so make sure you pick the correct side. And that means you ought to be on #teamcashback this Chinese New Year. For SingSaver’s 2019 Chinese New Year (‘CNY’) campaign, they have asked the financial bloggers to pick a side. Readers would know that Heartland Boy frequents cashback, discount and comparison...

Find Out More

How I Grow My CPF Today For My Future Retirement

The start of the year always gets Heartland Boy in a pensive mood. It gets even more poignant now that he has a kid in tow. This has fuelled his belief that securing his own retirement could be one of the best gifts for his daughter in the future. That has inevitably become one of his new year resolutions. In order to do that, he employs a multi-pronged approach. The core pillars that support his retirement cashflow will be: (1) dividend income from his investment portfolio, (2) withdrawals from Supplementary Retirement Scheme and, (3) CPF LIFE payouts. There is...

Find Out More

Earn Even More Cashback Offline With ShopBack GO

What is ShopBack GO? Christmas definitely came early in 2018 because ShopBack has added the awesome ShopBack GO to its suite of products not too long ago. ShopBack GO is a brick-and-mortar (offline) cashback feature which makes it fundamentally different from ShopBack’s usual mode of allowing users to earn Cashback online. Specifically, it gives users in-store Cashback for dining in at restaurants that are participating merchants. In this review of ShopBack GO, Heartland Boy shall blog about how to enjoy and optimise the in-store Cashback on offer and how your dining experience is never going to be the same...

Find Out More

Stop Searching For Online Coupons And Start Saving With RateX Now!

During his 2-week paternity leave, Heartland Boy relied heavily on online grocers and food delivery companies to save time (and his sanity). He became a “coupon man” as he shamelessly googled for promo codes to reduce his expenses. In what was a very time-consuming process, he had to manually key in every promo code to check its validity. Therefore, when Rate introduced him to RateX, his first reaction was, “gosh, why didn’t we meet a month earlier?” What is RateX? RateX is an internet browser extension offered by Rate, a Singapore-based fintech company. (Yay, support local start-ups!) RateX helps...

Find Out More

Like us on Facebook

Follow us on Twitter