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TopCashBack is an online shopping money back site where you get 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 money back program.
All 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 get all the other discounts and deals they provide, you simply get an extra bonus for going through the TopCashBack site . .
TopCashBack is somewhat 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 as you have to buy stuff 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 because it sounds just like youre only writing random notes on a website. In fact, owning your own piece of electronic real estate is large money.
I started my own sites 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 require work starting out. That path to $5,000 per month didnt happen overnight but just like real estate development, it build up an asset that now creates 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 visitors even when I take a little time away. .
Now Im working on a movie to talk about five secrets for starting a website that Ive learned over the last four years from how to boost visitors to the simplest ways to earn money so make sure you subscribe to this channel so that you dont miss it when it comes outthere. .
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The biggest key to success in this passive income source however, is to just get started. There are variables like site age that play into find more info getting ranked on Google and the sooner you get started, the better.
You can advice start your website for less than $5 per month with Blue Host and spend only a few 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 special offer by Blue Host below. Dont wait until you need the extra money to begin your own blog. I was making a grand a month away from my sites within a year of launching so even if your site isnt large enough to replace your job, a grand per month remains pretty nice for a mainly passive income source. .
I spoke about this next passive income notion in a recent video on the five investments that let me make money while stocks were crashing. Remember thatback in February when the stock exchange plunged 10% within two weeks I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in property investing Check out this video where I show the four secrets I learned over 20 years as a property investor. Four steps to choose that will guarantee your success! See the movie here on helpful site YouTube.
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I started 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 as much long-term prosperity as property.
There are a couple of problems with direct investment in real estate though. Its expensive to buy even a single house, a minimum of tens of thousands of bucks, and theres no way many investors can build a portfolio of different land types and in different regions to protect 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 like a real estate investment trust in that it holds a collection of properties but 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 this 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 real estate types.