Thursday, April 23, 2015

19: NTUC Income Shares

I bought my first NTUC Income policy in 1971, and this makes me as one of the oldest policy-holders of NTUC Income.

Since its early days, one of the perks of being an Income policy-holder is to be able to buy Income shares, and so I subscribed for the maximum number of shares available to me as a policy-holder. I have never regreted having done this because it has been paying me 6% per annum all these years, and even 8% one particular year!

I do not know whether this practice of share allocation is still on, but it is certainly a very good investment.

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