Pudim de Leite

Ingredients

 * 1 cup sugar (for the caramel)
 * 1 can sweetened condensed milk
 * Equal volume of regular milk (use the can to measure)
 * 3 eggs
 * 1 8-inch ring mold

Directions

 * Place 1 to 2 inches of water in a roasting pan.
 * Place the pan in the oven and preheat to 325°.
 * Put the sugar in the ring mold.
 * Place the mold directly over medium heat.
 * Keep turning the mold until the sugar melts into a golden brown caramel and spoon it up the sides of the mold.
 * Be careful not to burn the sugar and yourself.
 * Let the mold cool.
 * Combine the condensed milk, regular milk and eggs in a blender.
 * Whip until smooth.
 * Pour this mixture into the mold and place it in the center of the roasting pan with water.
 * Bake the pudim for about 1 hour.
 * It will turn golden brown on top and start separating from the sides of the mold.
 * Let it cool to room temperature and place in refrigerator, preferably overnight (at least 6 hours).