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TopCashBack is an online shopping cash back site in which you receive a percentage discount on anything you buy online. What you do is start at the TopCashBack site 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 get from 3 percent to 25% cash back on anything you purchase. Youre still shopping directly on the retailers site so that you get all the other discounts and bargains they offer, you just get an additional bonus for going through the TopCashBack site . .
TopCashBack is somewhat better with the average cash 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 as you have to buy things to get the cash back but its completely 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 as it sounds like youre just writing random notes on a website. In reality, owning your own piece of electronic real estate is large money.
I began my own websites in December 2014 and broke $5,000 a month just two years 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 just like real estate development, it build 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 if I take a little time off. .
Now Im working on a movie to talk about five secrets for starting a website that Ive learned over the last four years out of how to boost visitors to the simplest ways to make 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 however, is to simply begin. There are factors like site age that play into getting ranked on Google and the sooner you get started, the better.
You can start your website for less than $5 a month with Blue Host and spend only a couple of 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 to a particular offer by Blue Host below. Dont wait until you need the excess money to start your own blog. I was making a grand a month away from my websites within a year of launching even if your site isnt big enough to replace your job, a grand per month remains fairly nice for a mainly passive income source. .
I spoke about this next passive income notion in a recent movie on the five investments which let me earn money while stocks were crashing. Remember thatback in February when the stock exchange plunged 10% within two months I came out ahead because I had 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 keys I learned more than 20 years as a property investor. Four steps to choose that will 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 wealth as land.
There are a couple 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 most investors can create a portfolio of different land types and in different regions to shield from these dangers when you've got all your money in just one or two investments. .
StREITwise offers 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 holds a collection of possessions but much more like crowdfunding in its management. The fund has paid a 10% a fantastic read annualized return since inception and is a great way to diversify your real estate 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 over $5.4 billion in property and across all real estate types.