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TopCashBack is an online shopping cash back website in which you receive a percentage discount on anything you buy online. What you do is start in the TopCashBack website then click through one of the 4,000 retailers using a money back program.
All these are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the merchants site so you get all the other discounts and bargains they provide, you just get an extra bonus for going through the TopCashBack site first. .
TopCashBack is somewhat better with the average cash back around 6 percent of your purchase so in the event that you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich because you have to buy things to find the cash 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 huge fan of the term blogger because it sounds like youre only writing random notes on a website. In reality, owning your own piece of digital property is big money.
I began my own sites in December 2014 and broke $5,000 per month just a couple of years 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 route to $5,000 a month didnt happen overnight but just like property development, it build an advantage that now generates constant cash flow whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even if I take a little time away. .
Now Im working on a video 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 be sure to subscribe to this channel so that you dont miss it when it comes outthere. .
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The biggest secret to success in this passive income source though, is to simply begin. There are variables like site age that play into getting ranked on Google and the sooner you begin, the better.
You can begin your site for less than $5 a month with Blue Host and spend only a couple of hours a week to build it while you wait for it to helpful site begin producing that income you can count on.
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Ill leave a link to a special offer by Blue Host below. Dont wait until you need the extra cash to start your own blog. I had been making a grand a month off my websites within a year of launching so even though your blog isnt big enough to replace your job, 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 movie 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 2 weeks I came out ahead because I'd property crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in real estate investing Check out this movie where I show the four secrets I learned more than 20 years as a property investor. Four measures to take that will guarantee your success! See the movie 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 property has always had a special this place in my portfolio. No other asset has created as much long-term wealth as property.
There are a couple problems with direct investment in real estate however. Its expensive to purchase even a single house, a minimum of tens of thousands of dollars, and theres no way most investors can build a portfolio of different property types and in different regions to shield from these dangers when you've got all your money in only one or two investments. .
StREITwise offers a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is like a real estate investment trust in that it holds 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 diversify 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 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 property and across all real estate types.