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TopCashBack is an online shopping money back site where you receive 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 with a money back program.
These are everything from Nike to Home Depot and you also get from 3 percent to 25% cash back on anything you purchase. Youre still shopping right on the retailers site so you get the rest of the discounts and bargains they provide, you simply get an extra bonus for going via the TopCashBack web site first. .
TopCashBack is somewhat better with the average money back around 6% of your purchase so in the event that you spend $1,000 online youre going for $60 back. Again, not something thats going to make you wealthy as you have 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 huge fan of the term blogger as it sounds like youre only writing random notes on a site. In reality, owning your own piece of digital property is big money.
I began my own sites in December 2014 and broke $5,000 per month just a couple of years later. I dropped $5,500 through 2017 and thats not including side holiday work I did freelancing.
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Blogging is going to take 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 whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even when I take a little time away. .
Now Im working on a movie to talk about five secrets to starting a blog that Ive learned within the previous four years from how to boost traffic to the simplest ways to make money so be sure to subscribe to this channel so that 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 just begin. There are factors 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 special offer by Blue Host below. Dont wait until you need the excess money to begin your blog. I was making a grand a month away from my websites within a year of launching even though your site isnt big enough to replace your work, a grand a month remains pretty nice to get a mainly passive income source. .
I spoke about this next passive income notion in a recent video on the five investments that helped me earn money while stocks were crashing. Remember that, back in February when the stock market plunged 10% within two months 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 video where I show the four secrets I learned over 20 years as a real estate investor. Four measures 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 spot in my portfolio. No other asset has generated as much long-term wealth as property.
There are a couple problems with direct investment in real estate however. Its expensive to buy even a single property, a minimum of tens of thousands of bucks, 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've got all of your money in just 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 holds 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 the 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 property types.