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TopCashBack is an online shopping money back site in which you receive a percentage discount on anything you buy online. What you do is start at the TopCashBack website then click through one of the 4,000 retailers using a cash 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 retailers website so you get the rest of the discounts and bargains they provide, you simply get an extra bonus for going via the TopCashBack site first. .
TopCashBack is somewhat better with the average money 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 as you have to buy things to find 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 idea is blogging. Im not a huge fan of the term blogger because it sounds like youre only writing random notes on a website. In fact, owning your own piece of digital real estate is big money.
I started my own websites in December 2014 and broke $5,000 a month just two years after. 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 per month didnt happen overnight but just like property development, it build up an asset that now creates constant cash flow whether 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 off. .
Now Im working on a movie to share five secrets for starting a website that Ive learned within the last four years from how to boost traffic to the easiest ways to earn money so be sure to 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 begin. There are variables like website age that play into getting ranked on Google and the sooner you begin, the better.
You can start your website for less than $5 a month using Blue Host and spend only a couple of hours a 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 particular offer by Blue Host below. Dont wait until you need the extra money to start your own blog. I was making a grand a month away from my websites within a year of launching so even though your blog isnt large enough to replace your job, a grand per month is still fairly nice for a mostly passive income resource. .
I talked about this next passive income notion in a recent video on the five investments which let me earn money while stocks were crashing. Bear in mind that, back in February when the stock exchange plunged 10% within two weeks I came out ahead because I had real estate 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 more than 20 years as a real estate investor. Four steps to choose that can guarantee your success! See the movie below on YouTube.
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I started my professional career as a commercial real estate analyst and Ive managed Read More Here my own rental properties so property has always had a special spot in my portfolio. No other asset 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 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 shield from those risks when you have 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 fund is similar to a real estate investment trust in that it retains a collection of possessions but much more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great way to diversify your real estate exposure. .
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The stREITwise 1st stREIT Office REIT invests in high-quality office properties and as of this date of the 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 property and across all property types.