The coronavirus (‘COVID-19’) has already wrought havoc and extreme volatility to the equities market, with the Straits Times Index (‘STI’) declining more than 20% from its highest peak in 2020. Likewise, property investors are also looking for similar signs to emerge in the Singapore residential market. Therefore, when EdgeProp ran an article “Freehold duplex at […]
Get Additional Cashback With UOB One Card During Circuit Breaker
Back in 2018, Heartland Boy had previously written an article on how to maximise the cashback on the UOB One Credit Card. And that was before the crazy period of double-dipping with the GrabPay wallet- a strategy touted endlessly on forums. When top-ups made to the Grab wallet was eventually nerfed, it made some cardholders […]
Review of Singlife Account, An Insurance Savings Plan
Last month, Heartland Boy wrote that the top 3 local banks have reduced the interest rates of their best savings accounts. Therefore, when a new kid on the block offers 2.5% per annum on the first $10,000 of deposits, Heartland Boy latched onto the idea readily. Singlife, a direct life insurer licensed by the Monetary […]
Thoughts On The NTUC Enhanced IncomeShield Plan Premium Increase
Effective from 1 May 2020, NTUC Income has increased the premiums for its integrated shield plans (‘ISP’). The upward revision would only affect its Plus and Assist riders as these are riders introduced before the Singapore government’s announcement on 7 March 2018. Since that fateful announcement, the medical health insurance landscape has witnessed the following […]
How Parents With Young Children Can Survive Without Buying A Car
When Heartland Boy announced to family and friends that Heartland Girl was pregnant with Olympia a couple of years ago, a common response was, “So, presumably you would be getting a car as well?” While it was clear that they had decided to add a baby into the family then, they were equally adamant NOT […]
Riverstone Holdings Limited: Initiation Report
Riverstone Holdings Limited (‘Riverstone’) is a leading global supplier of cleanroom and healthcare gloves headquartered in Malaysia and listed on the Singapore Stock Exchange (‘SGX‘). Riverstone IPO-ed in Nov 2006 at 12 cents with a ticker code SGX:AP4. As at 24 April 2020, it has a market capitalisation of SGD$881 million. The business model of […]
Books I Read During Singapore Circuit Breaker
This month-long Circuit Breaker in Singapore presented Heartland Boy with something that he has always yearned for: More time with his family More time to finish the library of books in his home He is definitely not one to let this golden opportunity slip by. When he has to travel to the office for work, […]
Tips to Combat Rising Medical Costs
According to Mercer Marsh Benefits’ 2019 Medical Trends Around the World Report, Singapore’s medical cost inflation was 10% in 2018, 10 times its economic inflation rate. This is a very daunting prospect and if left unchecked, could put medical care out of the reach of the masses very soon. To stem rising medical costs, the […]
Singapore Banks Reduce Interest Rates On Their Best Savings Accounts
On 1 Apr 2020, the top 3 local banks made announcements one after another. They all bore a similar theme- interest rates cuts on their high interest-rate savings accounts. It was not even a cruel April Fool’s joke because these changes would take effect as soon as 1 May 2020. This article summarises the reductions […]
Review of NTUC Income’s Capital Plus 3-Year Endowment Plan
Coming hot on its heels in March 2020 is NTUC Income’s Capital Plus, an endowment plan with a guaranteed yield at maturity of 2.13%1 per annum. Here is Heartland Boy’s review of NTUC Income’s Capital Plus 3-Year Endowment Plan. NTUC Income’s Capital Plus 3-Year Endowment Plan To meet pent-up consumer demand, it is hardly surprising […]
