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TopCashBack is an online shopping cash back website where 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 purchase. Youre still shopping right on the merchants website so you get all the other discounts and deals they provide, you just get an extra bonus for going via the TopCashBack web site . .
TopCashBack is a little better with the average cash back around 6 percent 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 because you have to buy stuff to get 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 as it sounds like youre just writing random notes on a website. In reality, owning your own piece of electronic real estate is big money.
I started my own websites in December 2014 and broke $5,000 a month just a couple of decades later. I dropped $5,500 through 2017 and thats not including side hustle 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 only like property development, it build up 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 if I take a little time off. .
Now Im working on a movie to talk about five secrets for starting a website that Ive learned over the previous four years from how to boost traffic to the simplest 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 secret to success in this passive income source however, is to simply get started. There are factors like site age that play into getting ranked on see this here Google and the sooner you get started, the better.
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Ill leave a link to a special offer by Blue Host below. Dont wait until you need the extra money to begin your blog. I had been making a grand a month away from my sites within a year of launching so even if your site isnt big enough to replace your work, a grand a month is still fairly nice for a mostly passive income resource. .
I talked about this next passive income idea in a recent video on the five investments which helped me make money while stocks were crashing. Bear in mind that, back in February when the stock market plunged 10% within 2 weeks I came out ahead because I had real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in property investing Check out this video where I reveal the four secrets I learned more than 20 years as a property investor. Four measures to take that can guarantee your success! See the video below 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 generated as much long-term wealth as land.
There are a couple problems with direct investment in real estate though. Its expensive to purchase even a single property, a minimum of address tens of thousands of bucks, and theres no way most investors can create a portfolio of different property types and in different regions to shield from those risks when you have all of 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 similar to a real estate investment trust in that it holds 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 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 the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have obtained or managed over $5.4 billion in land and across all real estate types.