The Unnecessary Job

Frasers Hospitality Trust shares fell from $0.70 to $0.54 (nearly a 25% drop) on 13 Sep 2022 following a failed privatisation bid by its parent company.  To be fair, it was a close call, with 74.88% of shareholders voting in favor of the deal, falling narrowly short of the 75% approval threshold. Ostensibly, the remaining 25.12% shareholders thought the offer of 70 cents to be undervaluing FHT's assets.  The main complaint here appears to be that privatisation offer was opportunistic and low-balling, especially given that FHT's prospects seem to be improving as more and more countries treat covid as endemic and re-open their borders. Now, one has to wonder whether those who voted against the deal were overly optimistic on FHT's prospects and missed out a chance to cash out at, what i thought was, a fair price for FHT. To be clear, I am invested in Frasers Property Limited, and was indeed quite nonplussed at the privatisation offer, which (in my opinion) was essentially bail

Most FIRE adherents are familiar with the different tiers of financial independence (FI).   Starting from coast-FIRE, barista-FIRE or Lean-FIRE all the way to the peak that is Financial Freedom (FF), each level is usually characterized by a marked improvement in one's freedom to disengage from paid labor.  FF differs from FI in that it requires more than just having sufficient passive income to cover one's liabilities, the elusive FF tier is only attained when a person has more than enough passive income to lead his/her Ideal Lifestyle without worrying about money.  Consequently, FF differs from person to person.  For a person whose ideal lifestyle is to live in a HDB flat and take public transport, FF is probably easily reachable.  For another, FF may mean GCB, yachts, and opulent cars. This may require one to hit the jackpot with some sort of crypto-scam , multi-bagger investment. That said, I do wonder, for the average Singaporean, what is considered an Ideal Lifestyle and m