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TopCashBack is an online shopping money back website in which you receive a percentage discount on anything you buy online. Everything you do is start at 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 buy. Youre still shopping directly on the merchants website so that you receive the rest of the discounts and bargains they offer, you just get an extra bonus for going through the TopCashBack web site first. .
TopCashBack is a little 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 wealthy as you have to buy stuff to find 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 just writing random notes on a site. In reality, owning your own piece of electronic real estate is large money.
I began my own sites in December 2014 and broke $5,000 a month just two years after. I dropped $5,500 through 2017 and thats not including side holiday work I did freelancing.
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Blogging is going to require work starting out. That route to $5,000 a month didnt happen overnight but just like property development, it build an asset that now generates 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 traffic 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 within the previous four years out of how to boost traffic to the easiest ways to make 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 get started. There are variables like website age that play into getting ranked on Google and the sooner you begin, the better.
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Ill leave a link to a particular offer by Blue Host below. Dont wait until you need the excess money to start your own blog. I had been making a grand a month off my sites within a year of launching so even though your site isnt large 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 video on the five investments that let me make money while stocks were crashing. Bear in mind that, back in February when the stock market plunged 10% within 2 months I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in real estate investing Check out this movie where I reveal the four secrets I learned over 20 years as a property investor. Four steps to choose that can guarantee your success! Watch the movie here 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 property has always had a special spot 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 however. Its expensive to purchase even a single house, a minimum of tens of thousands of bucks, and theres no way many investors can create a portfolio of different property types and in different regions to shield from these dangers when you've got all of your money in only one or two investments. .
StREITwise provides a hybrid investment between traditional REIT fund investing and the new crowdfunding. The he has a good point 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 fantastic 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 acquired or managed around $5.4 billion in land and across all property types.