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TopCashBack is an online shopping cash back site where you get a percentage discount on anything you buy online. Everything you do is start in the TopCashBack website then click through one of the 4,000 retailers with a cash back program.
These are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you purchase. Youre still shopping right on the retailers website so that you get the rest of the discounts and bargains they offer, you simply get an extra bonus for going via the TopCashBack site . .
TopCashBack is somewhat better with the average money 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 as you have to buy stuff 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 notion is blogging. Im not a huge fan of the term blogger because it sounds 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 sites in December 2014 and broke $5,000 per month just two decades after. 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 take work starting out. That path to $5,000 per month didnt happen overnight but only like property development, it build up an asset that now creates constant cash flow if I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that will continue to send visitors even when I take a little time off. .
Now Im working on a movie to talk about five secrets for starting a blog that Ive learned over the previous four years from how to boost visitors to the simplest ways to earn money so be sure to subscribe to this channel so that you dont miss it when it comes outthere. .
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The biggest key to success in this passive income source though, is to simply get started. There are variables like website age that play into getting ranked on Google and the sooner you get started, the better.
You can begin your website for less than $5 per month with Blue Host and spend only a couple of hours a week to assemble it while you wait for it to start producing that income you can count on.
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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 own blog. I was making a grand a month off my sites within a year of launching even though your site isnt big enough to replace your job, a grand a month remains fairly nice for a mostly passive income source. .
I talked about this next passive income idea in a recent video on the five investments that let important link 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 property crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in property investing Check out this movie where I show the four keys I learned more than 20 years as a property investor. Four steps to choose that will guarantee your success! See the video below 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 place in my portfolio. No other advantage has created as much long-term prosperity as land.
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 dollars, 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 have all your money in just 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 possessions but much more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great 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 the date of this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have obtained or managed over $5.4 billion in property and across all real estate types.