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…
Band Aid – Do They Know It’s Christmas?
Written by: Bob Geldoff and Midge Ure
Highest UK chart position: #1 in 1984
Royalties earned in 2017: £57,542.71
Jona Lewie – Stop the Cavalry
Written by: Jona Lewie
Highest UK chart position: #2 in 1980
Royalties earned in 2017: £105,088.19
Shakin’ Stevens – Merry Christmas Everyone
Written by: Bob Heatlie
Highest UK chart position: #1 in 1985
Royalties earned in 2017: £42,597.79
East 17 – Stay Another Day
Written by: Tony Mortimer, Rob Kean, Dominic Hawken.
Highest UK chart position: #1 1994.
Royalties earned in 2017: £81,339.19
Slade – Merry Xmas Everybody
Written by: Noddy Holder and Jim Lea
Highest UK chart position: #1 in 1973
Royalties earned in 2017: £88,678.11
The Pretenders – 2000 miles
Written by: Chrissie Hynde
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!