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TopCashBack is an online shopping money back site where you receive a percentage discount on anything you buy online. Everything you do is start at the TopCashBack website then click through one of those 4,000 retailers using a money back program.
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 receive the rest of the discounts and deals they offer, you just get an extra bonus for going via 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 rich as you have to buy things to get the money 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 because it sounds just like youre only writing random notes on a site. In reality, owning your own piece of digital real estate is large money.
I began my own websites in December 2014 and broke $5,000 per 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 going to take work starting out. That path to $5,000 a month didnt happen overnight but only like property development, it build an advantage 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 away. .
Now Im working on a video to share five secrets for starting a website that Ive learned over the last four years out of how to boost visitors to the easiest ways to earn money so make sure you 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 though, is to simply get started. There are variables like site 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 using Blue Host and spend only a couple of hours every 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 special offer by Blue Host below. Dont wait until you need the excess cash to begin your blog. I had been making a grand a month off my sites within a year of launching so even if your site isnt big enough to replace your work, a grand a month remains pretty nice to get a mostly passive income resource. .
I talked about this next passive income notion in a recent video on the five investments which let me make money while stocks were crashing. Our site Bear in mind that, back 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 start in real estate investing Check out this video where I show the four secrets I learned more than 20 years as a real estate investor. Four measures to take that will guarantee your success! See the video 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 place in my portfolio. No other asset has created as much long-term wealth as property.
There are a couple of 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 build a portfolio of different property types and in different regions to protect from these 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 holds 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 increase 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 who have obtained or managed around $5.4 billion in land and across all real estate types.