Working in a dream job

If you have been reading online materials, you will come across a very common piece of advice, find a dream job and you will never have to work again.

Is this really the case? Even if you find your dream job, you will inevitably become bored. It's the same if you eat the same food every meal every day.

There is no perfect job in the world. What is more practical to me is doing a job that pays well and able to fund my lifestyle and allow me to invest.

I have been thinking, if I could quit and find my dream job, looking for companies to buy shares in. The fact is that because I only do this when I have excesses to invest. But if it becomes a 9-5 job, I dont think I could enjoy this as much as now.

Life is short, and indeed, how many jobs would one have to try in order to find the dream job. Time is essence.

Even if you land your dream job, there are other aspects that could make it hellish, like a bad boss, lousy colleagues, bad company culture.

So I do not think it is practical for me to do this now. Maybe when i reach financial indepedence, i could give more thoughts on this.

Saving up money

 It's been some time since my last post. A few things had happened.

Keppel and SembCorp Industries

Temasek has walked away from the partial takeover deal of Keppel, whereas SembCorp Industries' demerger plan with SembCorp Marine was approved.

It was kind of bittersweet, as news of Temasek caused Keppl's share to plummet breaking below $5 a share. Approximately 43% of my investement are concentrated in Keppel and this is concerning. But I did not panic as much as I thought I would. I believe Keppel will be able to ride out this pandemic and I am still holding onto my Keppel shares. This presents a buying opportunity. As Warren Buffet once said, if you want to buy something, you would wish its price goes down, and not up.

I may consider to load up on Keppel if its price goes below $4.

For SembCorp Industries, its shares remained largely battered. Though it was a breather for SCI to demerge from SCM, there was generally pessimism and its price remained below $2. I would continue to hold onto the shares as I believe it can ride out this pandemic.

I am still in the midst of accumulating cash so I have a few shares in mind to stock up on should their shares drop. Keppel or Singtel. If Singtel share drop below $2, I may stock up on this compared to Keppel.

In a recession, cash is King. Hopefully I can save enough by year end to be able to buy these stocks in greater quantity. My usual buying quantity is 5k or 10k of each stock. 

Still waiting

As a Sembcorp Industries shareholder, the highlight ofbthe coming week woudl be the decisions made in tmr shareholders meeting. To decide on the proposed demerger plan of SCI and SMM.

After that, it would affect keppel corp fate as to whether Temasek would continue with its offer to aquire 51% of keppel corp. Of which I am also a shareholders. This might take another month or so.

If the deal falls through and keppel corp shares plummet below 4, I would consider stocking up on it or Singtel.