This way, you are making all the money of a big mining company, without incurring any of the expenses or headaches it takes to run such an operation. And it is much less risky than simply owning shares in one mining company.

For example, a mining company may set up shop on your land and find exactly what it was looking for. It may find more than it had hoped, or it may find less. Either way, you are still being paid your share of the rental fee it owes. This is not the case when you simply own shares in a mining company. Take Exxon Mobil as an example. In the first quarter of 2008, Exxon posted over $10 billion in profits, one of the largest quarters in the country’s history. But expectations were higher than Exxon’s actual profits. So despite Exxon’s success, shareholders wound up losing money.

With mining royalties, you don’t have to worry about any of those risk factors. Just as Elton John doesn’t have to worry that his song might be butchered on an episode of American Idol. He’ll collect his fee regardless, and so will you.

So tonight, sit back and enjoy the finale of American Idol’s seventh season. As you revel in the choreographed group performances, contrived banter, and B-list celebrities in the audience, you could be collecting big royalty checks just like the artists whose songs are being sung. Or you could simply switch off your set and enjoy something with just a little more substance. Either way, your checks will be rolling in.

Until next time,
Jamie Ellis

Source: Pop Royalties

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