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TopCashBack is an online shopping money back site in which you get a percentage discount on anything you buy online. Everything you do is start at the TopCashBack website then click through one of those 4,000 retailers using a cash back program.
All these are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you buy. Youre still shopping directly on the merchants website so you receive the rest of the discounts and deals they provide, you simply get an extra bonus for going through the TopCashBack site . .
TopCashBack is somewhat better with the ordinary cash back around 6% of your purchase so in the event that you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you rich because you need to buy things to get the money back but its free money on the things you were going to buy anyway. .
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Our next passive income idea is blogging. Im not a big fan of the term blogger because it sounds like youre just writing random notes on a website. In fact, owning your own piece of electronic property is big money.
I began my own websites in December 2014 and broke $5,000 per month just a couple of years after. I averaged $5,500 through 2017 and thats not including side holiday work I did freelancing.
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Blogging is going to take work starting out. That route to $5,000 per month didnt happen overnight but just like property development, it build an asset that now creates constant cash flow whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even when I take a little time away. .
Now Im working on a movie to share five secrets for starting a website that Ive learned over the previous four years from how to boost visitors to the simplest ways to earn money so make sure you subscribe to the channel so you dont miss it when it comes outthere. .
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The biggest key to success in this passive income source however, is to simply get started. There are variables like site age that play into getting ranked on Google and the sooner you begin, the better.
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Ill leave a link to a special offer by Blue Host below. Dont wait until you need the excess money to begin your blog. I had been making a grand view it a month away from my websites within a year of launching even if your blog isnt big enough to replace your work, a grand a month remains fairly nice to get a mostly passive income source. .
I spoke about this next passive income notion in a recent video on the five investments that let me make money while stocks were crashing. Bear in mind thatback in February when the stock exchange plunged 10% within two weeks I came out ahead because I had real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in real estate investing Check out this video where I reveal the four keys I learned more than 20 years as a property investor. Four measures to choose that can guarantee your success! See the movie here on YouTube.
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I started my professional career as a commercial real estate analyst and Ive managed my own rental properties so real estate has always had a special spot in my portfolio. No other advantage has generated as much long-term wealth as property.
There are a couple of problems with direct investment in real estate though. Its expensive to buy even a single property, a minimum of tens of thousands of bucks, and theres no way many investors can create a portfolio of different land types and in different regions to shield from those risks when you've got all your money in only one or two investments. .
StREITwise provides a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is similar to a real estate investment trust in that it retains a collection of properties but my company much more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a fantastic way to increase your real estate exposure. .
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The stREITwise 1st stREIT Office REIT invests in high quality office properties and as of this date of the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have obtained or managed around $5.4 billion in land and across all property types.