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“A lot of people think they’ll make a lot of money doing photography. Unless you’re doing wedding photography, it’s a rare occasion. There are things people can do, but full-time photographer is a tough one,” Wood said.



Both ETFs and mutual funds are ideal assets to hold in tax-advantaged accounts like 401(k)s and IRAs.
"If an artist was unrecouped a potential buyer might want the artist to pay this balance back or not purchase the royalties at all, as no actual cash would be flowing through.