Thank you for investing in Income for income.

Investing for income has been very rewarding for me and it has helped me tremendously in my quest to achieve financial freedom. 

Some of my investments have been with me for years and in some instances I even "forget" that I have them.







I received a little reminder recently in the form of a letter to thank me for investing in Income. I rather enjoy the pun.

I pay NTUC Income regularly for a couple of insurance policies. NTUC Income make some money from me but because I am a shareholder, I get a share of their earnings. 

It creates a feeling that the insurance coverage I receive from NTUC Income is "free". Nice.

Wait a minute. Didn't I say that my H&S insurance is free from the government before? Alamak, I am confusing myself.

Anyway, jokes aside, it takes time to create an abundance of passive income and it doesn't always have to be through investment in equities. Bonds and bond-like instruments could help us meet some of our expenses in life too. 

That is what passive income is for at the most basic level, to help pay some of our bills.

Remember, having passive income will help to reduce our reliance on earned income. It is the best form of insurance we can have. 

Of course, all in good time.

Updated on 31 May 2016:
Another reminder arrived in the mail today:

Q: Can non-policyholders apply for the shares?
A:
No, non-policyholders cannot apply for the shares. Only life policyholders of NTUC Income are eligible to subscribe to Income shares. This is a benefit given to them to enjoy attractive returns on a long term investment.

Q: How can policyholders subscribe to Income shares?
A:
Applications for Income shares have been closed since Dec 2004.
 We are currently maintaining a waiting list for life policyholders who wish to subscribe to Income shares. We offer the shares which are redeemed by existing shareholders to the persons on the waitlist on a first come first served basis.
 Life policyholders who are keen to be on the waiting list may send an email to ms@income.com.sg with their full name and NRIC number. We will contact the persons on the wait list when we are able to process their applications.
Source: NTUC Income FAQs
http://www.income.com.sg/NTUCIncome/CMSTemplates/PrintFaqs.aspx?pId=7099

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A meal that is good for your body and the environment.

I was back in the gym yesterday and did about 50 minutes of aerobic exercises. I wasn't exercising for a couple of weeks as I wasn't feeling well. Must get the body moving again.

It has also been a while since I made my own lunch. I've been visiting the economical rice store at the neighbourhood coffee shop which is convenient and inexpensive. A typical lunch would cost between $2.30 to $3.50 which would always include a portion of stir fried vegetables which so many readers remind me to consume regularly.

So, what did I have today for lunch? I made my own lunch!

Yummy!

Want to try making what I had today?

You would need all the above items.

Turmeric powder and black pepper in extra virgin olive oil.

Looked really nice after mixing it all up. Add some salt if you like.

I pan fried the tofu using a non-stick pan. No oil.

While the pan was still warm, I toasted two slices of bread. No oil.

I dipped both sides of the toasty bread in the olive oil mixture.

Piled the tofu and cucumber slices on the bread and bon appetit!

I have a sweet tooth and I must have something sweet after a meal:

A banana and a kiwi fruit. Natural sweetness!

Then, I had a handful of these:

Baked almonds. Good for guys, I was told.

"Well, I have been eating less meat recently. This is partly because I think I do not need much meat in my diet as I grow older and partly because I think they make me fat. The fact that not having meat helps the environment is a plus."  Source: Green is not just the color of money.

Burp. I am happy.

Related posts:
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2. One way to save money more rapidly.
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