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TopCashBack is an online shopping cash back site where you get a percentage discount on anything you buy online. Everything you do is start in the TopCashBack site then click through one of the 4,000 retailers using a money back program.
These are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you buy. Youre still shopping directly on the retailers site so you get all the other discounts and deals they provide, you simply get an additional bonus for going via the TopCashBack web site first. .
TopCashBack is a little better with the average cash 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 have to buy stuff to get the cash 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 big fan of the term blogger as it sounds like youre only writing random notes on a website. In fact, owning your own piece of electronic real estate is large money.
I began my own sites in December 2014 and broke $5,000 a month just two decades later. I averaged $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 per month didnt happen overnight but just like property development, it build an advantage 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 if I take a little time away. .
Now Im working on a video to share five secrets to starting a blog that Ive learned within the previous four years from how to boost visitors to the simplest ways to make money so be sure to subscribe to the channel so that you dont miss it when it comes out. .
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The biggest key to success in this passive income source however, is to simply 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 cash to start your own blog. I had been making a grand a month off my sites within a year of launching so even though your site isnt large enough to replace your work, a grand per month remains fairly nice for a mostly passive income resource. .
I talked about this next passive income notion in a recent movie 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'd real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in property investing Check out this movie where I show the four secrets go to this site I learned more than 20 years as a property investor. Four steps to take that can guarantee your success! Watch the video here on YouTube.
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I started 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 land.
There are a couple of problems with direct investment in real estate however. Its expensive to purchase even a single house, a minimum of tens of thousands of dollars, and theres no way many investors can create a portfolio of different land types and in different regions to shield from these dangers when you've got 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 like 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 pop over here 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 acquired or managed over $5.4 billion in property and across all property types.