For investors looking to further diversify their portfolios beyond the stock market and establish lucrative new revenue streams, royalty investing can be an exciting and rewarding venture with many benefits.Royalty rights tend to provide a very steady income, especially on a long-term basis. And in comparison to the bond market and other types of equity, royalty income is fairly immune to the usual risks and fluctuations that come with investing. A potential royalty investor also has lots of options as to the types of royalties they can purchase.