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TopCashBack is an online shopping money back site in which 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.
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 directly on the merchants website so you receive all the other discounts and bargains they offer, you just get an extra bonus for going via 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 rich as you need 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 huge 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 electronic real estate is big money.
I began my own websites in December 2014 and broke $5,000 per month just a couple of decades later. I averaged $5,500 through 2017 and thats not including side holiday work I did freelancing.
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Blogging is still going to require work starting out. That path to $5,000 a month didnt happen overnight but just like real estate development, it build 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 visitors even when I take a little time off. .
Now Im working on a movie to share five secrets to starting a website that Ive learned within the previous four years out of how to boost traffic to the simplest ways to earn money so make sure you subscribe to the channel so that you dont miss it when it comes out. .
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The biggest secret to success in this passive income source however, is to just get started. There are variables like website age that play into getting ranked on Google and the sooner you get started, 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 blog. I had been making a grand a month away from my sites within a year of launching so even though your site isnt large enough to why not look here replace your job, a grand a month is still fairly nice to get a mostly passive income resource. .
I spoke about this next passive income idea in a recent movie on the five investments that let me make money while stocks were crashing. Remember that, back in February when the stock exchange 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 reveal the four secrets I learned more published here than 20 years as a real estate investor. Four steps to take 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 place in my portfolio. No other asset has generated as much long-term prosperity as property.
There are a couple problems with direct investment in real estate though. Its expensive to purchase even a single house, a minimum of tens of thousands of dollars, and theres no way most investors can create a portfolio of different property types and in different regions to shield from these risks when you've got all your money in only one or two investments. .
StREITwise provides a hybrid investment between traditional REIT fund you could check here investing and the new crowdfunding. The fund is similar to 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 fantastic way to diversify your property exposure. .
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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 who have acquired or managed around $5.4 billion in property and across all real estate types.