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TopCashBack is an online shopping cash back site in which you receive a percentage discount on anything you buy online. Everything you do is start at the TopCashBack website then click through one of those 4,000 retailers with a cash back program.
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 retailers website so that you receive all the other discounts and deals they provide, you just get an additional bonus for going through the TopCashBack web site first. .
TopCashBack is a little better with the ordinary cash back around 6% 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 wealthy because you have to buy things to get 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 big 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 real estate is big money.
I began my own websites in December 2014 and broke $5,000 per month just a couple of years after. I averaged $5,500 through 2017 and thats not including side holiday work I did freelancing.
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Blogging is still 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 advantage that now creates constant cash flow whether I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that'll continue to send visitors even when I take a little time off. .
Now Im working on a video to talk about five secrets for starting a website that Ive learned within the last four years from how to boost traffic to the simplest ways to make money so be sure to subscribe to the channel so 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 just get started. There are factors like site age that play into getting ranked on Google and the sooner you get started, the better.
You can begin your site for less than $5 a month with Blue Host and spend just a few hours every week to assemble it while you wait for it to begin producing that income you can count on.
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Ill leave a link click reference to a special offer by Blue Host below. Dont wait until you need the excess cash to start your own blog. I was making a grand a month away from my websites within a year of launching even if your blog isnt big enough to replace your work, a grand per month is still pretty nice to get a mostly passive income resource. .
I spoke about this next passive income notion in a recent video on the five investments which let me make money while stocks were crashing. Bear in mind that, back in February when the stock market 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 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 video 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 generated my website as much long-term wealth as land.
There are a couple of problems with direct investment in real estate though. Its expensive to buy even a single property, a minimum of tens of thousands of dollars, and theres no way many investors can build a portfolio of different property types and in different regions to protect from those risks when you've got all of your money in only one or two investments. .
StREITwise provides home 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 more like crowdfunding in its 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 the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have acquired or managed around $5.4 billion in land and across all property types.