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TopCashBack is an online shopping money back website where you receive a percentage discount on anything you buy online. What you do is start in the TopCashBack website then click through one of those 4,000 retailers with a money back program.
These are everything from Nike to Home Depot and you also get from 3 percent to 25% cash back on anything you buy. Youre still shopping right on the retailers site so you receive all the other discounts and bargains they offer, you simply get an extra bonus for going through the TopCashBack web site first. .
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 wealthy 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 notion is blogging. Im not a huge fan of the term blogger because it sounds just like youre just writing random notes on a website. In reality, owning your own piece of electronic property is big money.
I started my own sites in December 2014 and broke $5,000 per month just a couple of decades later. I dropped $5,500 through 2017 and thats not including side holiday work I did freelancing.
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Blogging is going to require work starting out. That route to $5,000 per month didnt happen overnight but just like real estate 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'll 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 within the previous four years from how to boost traffic to the easiest ways to make money so be sure to subscribe to this channel so that you dont miss it when it comes out. .
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The biggest secret to success in this passive income source though, is to just get started. There are variables like website age that play into getting ranked on Google and the sooner you begin, the better.
You can start your site for less than $5 per month with Blue Host and spend just a few hours every 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 excess money to start your blog. I had been making a grand a month off my sites within a year of launching even though your blog isnt big enough to replace your job, a grand per month is still pretty nice for a mainly passive income resource. .
I spoke about this next passive income idea in a recent movie on the five investments that let me make money while stocks were crashing. Remember thatback in February when the stock market plunged 10% within 2 weeks I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in real estate investing Check out this movie where I reveal the four keys I learned over 20 years as a property investor. Four steps to take that will 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 created as much long-term wealth as land.
There are a couple of problems with direct investment in real estate though. Its expensive to purchase even try this website a single property, a minimum of tens of thousands of dollars, and theres no way many investors can create a portfolio of different property types and in different regions to shield from those 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 like a real estate investment trust in that it retains a collection of properties but 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 the 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.