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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 in the TopCashBack website then click through one of the 4,000 retailers with a cash back program.
All these are everything from Nike to Home Depot and you also 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 provide, you simply get an additional bonus for going via the TopCashBack site . .
TopCashBack is somewhat better with the average cash back around 6 percent of your purchase so if you spend $1,000 online youre going to get $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 notion is blogging. Im not a big fan of the term blogger because it sounds just like youre only writing random notes on a site. In reality, owning your own piece of digital real estate is big money.
I began my own websites in December 2014 and broke $5,000 a month just a couple of years after. I dropped $5,500 through 2017 and thats not including side hustle work I did freelancing.
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Blogging is going to require work starting out. That route to $5,000 per month didnt happen overnight but only like real estate development, it build up an asset that now generates constant cash flow if I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even when I take a little time off. .
Now Im working on a video to share five secrets to starting a website that Ive learned over the last four years from how to boost traffic to the easiest ways to earn money so be sure to subscribe to this channel so 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 variables like website 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 per month with Blue Host and spend only a few hours a week to assemble 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 blog. I had been making a grand a month this website off my websites within a year of launching so even though your site isnt big enough to replace your work, a grand per month remains fairly nice to get a mainly passive income source. .
I spoke about this next passive income idea in a recent movie on the five investments which let me make money while stocks were crashing. Remember that, back in February when the stock exchange plunged 10% within 2 months I came out ahead because I had real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in property investing Check out this movie where I show the four secrets I learned more than 20 years as a real estate investor. Four measures to choose that can guarantee your success! See the movie 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 asset has generated as much long-term wealth as property.
There are a couple problems with direct investment in real estate however. Its expensive to buy even a single property, a minimum of tens of thousands of dollars, and theres no way most investors can build a portfolio of different property types and in different regions to shield from these dangers 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 like a real estate investment trust in that it holds a collection of linked here possessions but much more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great 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 the date of this 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 property types.