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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 those 4,000 retailers using a cash back program.
These are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the retailers website so you receive all the other discounts and bargains they provide, you just get an extra bonus for going via the TopCashBack web site first. .
TopCashBack is a little better with the ordinary cash back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you wealthy because you need to buy stuff 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 as it sounds like youre just writing random notes on a site. 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 later. I dropped $5,500 through 2017 and thats not including side hustle work I did freelancing.
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Blogging is going to take work starting out. That path to $5,000 a month didnt happen overnight but only like real estate development, it build up an asset that now generates 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 over the previous four years from how to boost visitors to the simplest ways to earn money so be sure to subscribe to the channel so that you dont miss it when it comes out. .
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The biggest key to success in this passive income source though, is to simply begin. There are variables like website 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 even though your blog isnt big enough to replace your job, a grand a month is still pretty nice for a mainly passive income source. .
I talked about this next passive income notion in a recent video on the five investments which helped me make money while stocks were crashing. Remember thatback in February when the stock market plunged 10% within two weeks I came out ahead because I Residual Income Ideas in Malta had real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in property investing Check out this video where I show the four keys I learned more than 20 years as a real estate investor. Four measures to take that can guarantee your success! See the video 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 property has always had a special spot in my portfolio. No other asset has created as much long-term prosperity as property.
There are a couple of 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 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 similar to a real estate investment trust in that it retains a collection of possessions but much 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 the date of this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have obtained or managed over $5.4 billion in property and across all property types.