Living Overseas Passively 05: Royalty Income - MFI Series1, #129

Income from royalties can be very random-one day, you are a hero, the next, you are a zero. So how can we move overseas on royalty income alone? We need a way to smooth out the ripples of our royalty income. We can do this by investing in closed-end funds for regular payments and increase our wealth. We can also keep building our royalty income while overseas. One of the best things about building your brand is that you can take it anywhere. The main concept is to start building royalties now! There is no time like the present to prepare for the future.
If you can get some momentum before you move overseas, you can reap the benefits of becoming a powerful media outlet.