The Ultimate Passive Income – Write A Christmas Song

The Ultimate Passive Income - Write A Christmas Song

DO you want to coin in the cash year after year? For a piece of work you did years ago? Course you do.

Well, just do what this lot did and write a hit Christmas song. It’s the ultimate passive income stream.

Just top the charts once and never need another job again.

Yule be amazed just much money can be made…

 

Do_They_Know_It's_Christmas_single_cover_-_1984

Band Aid – Do They Know It’s Christmas?

Written by: Bob Geldoff and Midge Ure

Released: 1984

Highest UK chart position: #1 in 1984

Royalties earned in 2017: £57,542.71

 

Stop_the_Cavalry

Jona Lewie – Stop the Cavalry

Written by: Jona Lewie

Released: 1980

Highest UK chart position: #2 in 1980

Royalties earned in 2017: £105,088.19

 

Shakin'_Stevens_Merry_Christmas_Everyone_single_cover

Shakin’ Stevens – Merry Christmas Everyone

Written by: Bob Heatlie

Released: 1985

Highest UK chart position: #1 in 1985

Royalties earned in 2017: £42,597.79

 

Stay_another_day

East 17 – Stay Another Day

Written by: Tony Mortimer, Rob Kean, Dominic Hawken.

Released: 1994.

Highest UK chart position: #1 1994.

Royalties earned in 2017: £81,339.19

 

slade

Slade – Merry Xmas Everybody

Written by: Noddy Holder and Jim Lea

Released: 1973

Highest UK chart position: #1 in 1973

Royalties earned in 2017: £88,678.11

 

Single_Pretenders-2000_Miles_cover

The Pretenders – 2000 miles

Written by: Chrissie Hynde

Released: 1983

Highest UK chart position: #15 in 1983

Royalties earned in 2017: £89,326.89

 

PS. I realise Band Aid was a charity single. But it just shows how it’s still earning money for good causes 23 years after it was first released.

Feel free to list your favourite Christmas tunes in the comments section below.

Now I’m off to drink some eggnog and eat some turkey. I’ll see you next month as we continue our journeys towards financial freedom and the ultimate goal of early retirement.

From everyone at MyRichFuture, have a very happy holidays!

Simon Saves

I’m a national newspaper journalist for hire who has a passion for personal finance. Currently saving and investing towards my first million. All comments welcome.

Follow me on Twitter: @MyRichFuturecom

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1 Response

  1. weenie says:

    Very interesting! It certainly makes sense but if it was so easy to write a great Christmas song, they’d all be doing it!

    Anyway, happy Christmas and all the best for 2016.

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