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 ... continue reading...
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 ... continue reading...
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 ... continue reading...
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 ... continue reading...
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 ... continue reading...
