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TopCashBack is an online shopping money back website in which you get 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 money back program.
All these are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you buy. Youre still shopping right on the merchants site so that you get all the other discounts and bargains they provide, you just get an extra bonus for going via the TopCashBack web site first. .
TopCashBack is somewhat better with the average cash back around 6% 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 as 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 notion is blogging. Im not a big 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 websites in December 2014 and broke $5,000 a month just a couple of decades later. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.
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Blogging is going to take work starting out. That path to $5,000 a month didnt happen overnight but just like real estate development, it build up an advantage that now creates constant cash flow whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even if I take a little time off. .
Now Im working on a movie to talk about five secrets to starting a blog that Ive learned over the previous four years out of how to boost traffic to the easiest ways to make money so be sure to subscribe to the channel so that you dont miss it when it comes outthere. .
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The biggest secret to success in this passive income source however, is to just begin. There are factors like website age that play into getting ranked on Google and the sooner you get started, the better.
You can begin your website for less resource than $5 a month with Blue Host and spend only a few hours a week to build 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 special offer by Blue Host below. Dont wait until you need the excess cash to begin your own blog. I was making a grand a month away from my websites within a year of launching so even though your blog isnt big enough to replace your work, a grand a month remains fairly nice for a mainly passive income source. .
I spoke about this next passive income idea in a recent movie on the five investments that helped me earn money while stocks were crashing. Remember that, back in February when the stock exchange plunged 10% within two months I came out ahead because I had property crowdfunding and useful reference p2p lending to smooth out my portfolio. .
Want to start in real estate investing Check out this video where I reveal the four secrets I learned more than 20 years as a real estate investor. Four measures to take that can guarantee your success! See the video below 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 real estate has always had a special place in my portfolio. No other advantage has generated as much long-term prosperity 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 many investors can build a portfolio of different property types and in different regions to shield 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 like a real estate investment trust in that it retains a collection of properties but much more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great way to diversify your property exposure. .
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The stREITwise 1st you can try this out 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 who have acquired or managed over $5.4 billion in property and across all real estate types.