.How To Invest Like Paul McCartney and Michael Jackson

Notes From The Field  By Simon Black

August 29, 2019  Bahia Beach, Puerto Rico

Here’s how you can invest like Paul McCartney and Michael Jackson

In 1978, a scruffy-looking Frenchman named Patrick Hernandez signed his first-ever recording contract.

He had spent the better part of the previous decade touring ballrooms in France, backing b-class singers without any real success to show for himself.

But in late 1978, he released his very first single, “Born to Be Alive.”

The song was an instant hit. It hit the number 1 spot in France, and within a few months, sold over a million copies in the US alone.

And Hernandez became a sensation. By the end of 1979, he had amassed fifty-two gold and platinum record awards from more than fifty countries.

 Just like that, he was set for life.

And 40 years later that same single still earns him around 1,200 euros per day...roughly 438,000 euros per year.

Even his official music video has over 100 million views on Youtube - the envy of most professional YouTubers.

Imagine getting paid hundreds of thousands of dollars per year for something you created over thirty years ago!

It’s rare, but it’s possible… and one of the best ways to do it is with royalties.

Royalties are cash payments you receive from assets you’ve created or own. Millions of people worldwide earn royalties every year - on assets as diverse as books, songs and movies-- but also from lesser-known sources like oil wells, gold mines or real estate.

Royalties are an all-time favorite of investors around the world - including Warren Buffett.

That’s because once you own the asset, all you’ve got to do is collect your cash every month or quarter.

I personally love royalties. To me, they are real assets - and generate income no matter what’s happening in the economy.

In times of inflation, the value of your asset goes up, protecting your savings.

In a deflationary period, the cash that the asset produces becomes even more valuable.

And the cash flow can be incredible…

To continue reading, please go to the original article at

https://www.sovereignman.com/investing/heres-how-you-can-invest-like-paul-mccartney-and-michael-jackson-25521/