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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 website then click through one of those 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 buy. Youre still shopping right on the retailers website so that you receive all the other discounts and bargains they offer, you simply get an additional 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 as you need to buy things to get the money 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 just like youre only writing random notes on a website. In fact, owning your own piece of digital property is large 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 still going to require work starting out. That path to $5,000 per month didnt happen overnight but just like property development, it build up an asset that now generates constant cash flow whether I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even when I take a little time off. .
Now Im working on a movie to share five secrets to starting a blog that Ive learned over the last four years out of how to boost traffic to the simplest ways to earn money so make sure you subscribe to the channel so 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 get started. There are factors like site age that play into getting ranked on Google and the sooner you begin, the better.
You can begin your website for less than $5 per month using Blue Host and spend just a couple of hours a 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 cash to start your blog. I was making a grand a month away from my sites within a year of launching so even though your site isnt large enough to replace your job, a grand per month remains 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 helped me make money while stocks were crashing. Bear in mind that, back in February when the stock market plunged 10% within 2 weeks I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out webpage my portfolio. .
Want to start in real estate investing Check out this video where I show the four keys I learned over 20 years as a property investor. Four measures to choose that can 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 real estate has always had a special spot 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 though. Its expensive to purchase even a single house, 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 these risks when you have all your official site 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 retains a collection of properties but much more like crowdfunding in its own management. The fund has paid a 10% 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 the date of the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have obtained or managed over $5.4 billion in property and across all real estate types.