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TopCashBack is an online shopping money back website where you get a percentage discount on anything you buy online. Everything you do is start in the TopCashBack site then click through one of those 4,000 retailers with 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 merchants site so you get the rest of the discounts and deals they offer, you simply get an additional bonus for going via the TopCashBack site . .
TopCashBack is a little better with the average cash back around 6 percent 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 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 site. In reality, owning your own piece of digital property is large money.
I started my own sites in December 2014 and broke $5,000 a month just a couple of decades 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 take work starting out. That path to $5,000 per month didnt happen overnight but only like property development, it build an asset 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 will continue to send visitors even when I take a little time away. .
Now Im working on a video to share five secrets to starting a blog that Ive learned within the previous four years from how to boost traffic to the simplest ways to earn money so be sure to subscribe to this channel so you dont miss it when it comes outthere. .
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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.
You can start your website for less than $5 per month using Blue Host and spend only a couple of hours a week to build 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 extra cash to begin your blog. I had been making a grand a month off my sites within a year of launching so even though your blog isnt large enough to replace your work, a grand a month is still pretty nice to get a mostly 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. Bear in mind that, back in February when the stock exchange plunged 10% within two weeks I came out ahead because I'd property crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in real estate investing Check out this movie where I show the four secrets I learned more than 20 years as a property investor. Four measures to take that can guarantee your success! Watch the video 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 place in my portfolio. No other asset has created as much long-term wealth as property.
There are a couple of advice 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 protect from those risks when you have 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 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 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 this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have acquired or managed over $5.4 billion in property and across all property types.