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TopCashBack is an online shopping cash back website in which you get a percentage discount on anything you buy online. What you do is start in the TopCashBack site then click through one of the 4,000 retailers using 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 website so that you receive all the other discounts and deals they provide, you just get an additional bonus for going through the TopCashBack web site . .
TopCashBack is somewhat better with the ordinary money back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you wealthy as you need to buy stuff to find the money back but its 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 big fan of the term blogger as it sounds just like youre just writing random notes on a website. In fact, owning your own piece of digital property is large money.
I began my own sites in December 2014 and broke $5,000 a 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 require work starting out. That route to $5,000 a month didnt happen overnight but only like real estate development, it build an asset 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 visitors even if I take a little time away. .
Now Im working on a video to share five secrets for starting a website that Ive learned within the previous four years from 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 next begin. There are factors like website age that play into getting ranked on Google and the sooner you begin, the better.
You can start your site for less than $5 a month using Blue Host and spend just a few hours every 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 particular offer by Blue Host below. Dont wait until you need the extra cash to start your own blog. I was making a grand a month away from my sites within a year of launching so even though your blog isnt big enough to replace your work, a grand a month remains pretty nice for a mainly passive income source. .
I spoke about this next passive income idea in a recent video on the five investments which helped me earn money while stocks were crashing. Remember thatback in February when the stock market plunged 10% within 2 weeks I came out ahead because I had property 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 keys I learned more than 20 years as a property investor. Four measures to choose that will 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 created as much long-term wealth as property.
There are a couple of problems with direct investment in real estate however. Its expensive to purchase even a single property, a minimum of tens of thousands of dollars, and theres no way most investors can build a portfolio of different land types and in different regions to protect from those risks when you've got all your money in only 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 possessions 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. why not try these out .
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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 that have acquired or managed around $5.4 billion in property and across all real estate types.