Much has been said about the high interest rate and inflationary environment that we are living in today. This has put household budgets under great stress. To address the higher cost of living, opposition politician Jamus Lim proposed in a recent Parliament session to raise CPF interest rates temporarily. But can CPF Board really increase […]
Review of Resorts World Cruises Genting Dream Promotion Package on Klook
I have always wanted to try Genting Dream Cruises but my last attempt was unfortunately foiled by Olympia falling ill. When it subsequently filed for a winding-up application, I thought my hopes of ever sailing on it had sank to the abyss as well. After some shrewd corporate restructuring (depending on which side you are […]
HDB loan a better option than bank loan for BTO and Resale HDB buyers in 2022
Home owners who chose bank loans over HDB loans have been enjoying a good run for the longest time (since 2009 in fact). It doesn’t matter whether they have elected floating or fixed home rate because it was still cheaper than a HDB housing loan. Those who chose a HDB loan were often ridiculed for […]
Government-backed Singapore Savings Bond Yields Interest Rate of 3.0% For August 2022
The Federal Reserve raised interest rates by 0.75% in June 2022 and the market is pricing in another 75 basis points for July’s meeting. If the estimates pan out, Fed would have raised interest rates by a total of 3.25% – 3.5% by end of 2022. Rising interest rates have a direct negative impact on […]
My first ever complete investment write-down belongs to Terra Luna coins
It has been more than a month since the collapse of the Terra Luna ecosystem which was an episode that sent shockwaves across the crypto world. As the dust settles and emotions are collected, I think the time is right for me to write about my participation in this seminal event on my blog. In […]
From SOR/SIBOR to SORA interest rate benchmark, how would this affect your home mortgage loan?
Before the end of 2022, all SOR-based property loans would have transited to SORA interest rate benchmark. If you have an existing housing loan that is pegged to Singapore Dollar Swap Offer Rate (‘SOR’), your bank might have or will be contacting you about the need to move to a new loan package. In case […]
Rex International Initiation Report- How Much Is My Target Price
Rex International Holding Limited (‘Rex International’) is full-fledged, independent upstream player in the oil and gas sector. It is listed on the Singapore Exchange (SGX) Mainboard after having successfully transferred from the Catalist in Mar 2022. It IPO-ed backed in July 2013 at a price of $0.50 but its share price had languished since as […]
My Experience Helping My Parents Apply For HDB Sale Of Balance (SBF) Flats
(Source: Nguyen Thu Hoai/Unsplash) Readers who subscribe to my mailing list would have known that my parents finally received their Singapore Citizenship (‘SC’) status this year. Having lived in our tiny island for over 40 years, they are already Singaporeans at heart a long time ago. However, I can assure you that getting SC is […]
REVIEW OF INCOME’S 3-YEAR INSURANCE SAVINGS PLAN: GRO CAPITAL EASE ECO
This May, NTUC Income (“Income”) launched their short-term insurance savings plan – Gro Capital Ease Eco, which offers a guaranteed maturity benefit of 105.56%1 of the single premium after 3 years. Here’s Heartland Boy’s review of Income’s Gro Capital Ease Eco. INCOME’S 3-YEAR INSURANCE SAVINGS PLAN: GRO CAPITAL EASE ECO If you are looking to […]
Cruise To Nowhere: Royal Caribbean Spectrum of the Seas Review
My family sailed on Royal Caribbean’s Quantum of the Seas in February 2021 and had nothing short of a fantastic time. My daughter, Olympia, has been reminiscing about her time on the cruise and badgering to go on a cruise ship again. Therefore, when news that Spectrum of the Seas would start sailing in Singapore […]
