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TopCashBack is an online shopping money back site in which you receive a percentage discount on anything you buy online. What you do is start in the TopCashBack site then click through one of the 4,000 retailers with a money back program.
These are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you buy. Youre still shopping right on the merchants site so you receive the rest of the discounts and bargains they provide, you just get an extra bonus for going via the TopCashBack site . .
TopCashBack is somewhat better with the ordinary cash back around 6 percent of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich as you have 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 as it sounds just like youre just writing random notes on a site. In reality, owning your own piece of electronic real estate is big money.
I began my own websites in December 2014 and broke $5,000 per month just a couple of decades later. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.
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Blogging is still going to require work starting out. That path to $5,000 a month didnt happen overnight but only like property development, it build an asset that now generates constant cash flow whether I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even if I take a little time off. .
Now Im working on a movie to talk about five secrets to starting a blog that Ive learned over the last four years from how to boost visitors to the simplest ways to earn money so make sure you subscribe to this channel so you dont miss it when it comes out. .
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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 particular offer by Blue Host below. Dont wait until you need the extra money to start your blog. I had been making a grand a month off my websites within a year of launching so even though your blog isnt large enough to replace your work, a grand a month remains pretty nice for a mostly passive income source. .
I spoke about this next passive income idea in a recent movie on the five investments that let me earn money while stocks were crashing. Remember thatback in February when the stock exchange plunged 10% within 2 months I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in property investing Check out this video where I reveal the four secrets I learned more than 20 years as a real estate investor. Four steps to choose that will guarantee your success! See the movie here on YouTube.
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I began 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 created as much long-term wealth as property.
There are a couple problems with direct investment in real estate however. Its expensive to buy even a single house, a minimum of tens of thousands of bucks, and theres no way most investors can create a portfolio of different property types and in different regions to shield from these dangers when you've got all your money in just one or two investments. .
StREITwise provides a hybrid investment between important link traditional REIT fund investing and the new crowdfunding. The fund is like a real estate investment trust in that it retains a collection of possessions but more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a fantastic way to increase your property exposure. .
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The stREITwise 1st stREIT Office REIT invests in high-quality office properties and as of this date of this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have obtained or managed around $5.4 billion in land and across all property types.