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From casual side income to a new investment category
Learn how to easily create a steady income stream from royalties. Royalty Income might become the next big thing in investments due to its very low correlation with other asset classes. Stocks may fall but people continue to listen to their favorite music.
Intellectual property such as academic writings or discoveries, inventions, works of literary and artistic values, etc. need protection, especially if the goal of the protection is for economic value. Otherwise, they would be reproduced and redistributed without compensating the creator or owner. This puts the original creators and inventors at a great disadvantage. They lose a considerable amount of money. This is because of the costs involved in the production of the work or invention of the process as well as the risks involved during the process. For instance, research and development in the medical or space industry may cost a researching company billions of dollars.