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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 site then click through one of the 4,000 retailers with a cash back program.
All these are everything from Nike to Home Depot and you also get from 3 percent to 25% cash back on anything you buy. Youre still shopping right on the merchants site so you receive all the other discounts and deals they provide, you just get an additional bonus for going through the TopCashBack site . .
TopCashBack is a little better with the ordinary cash back around 6 percent of your purchase so if you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you wealthy because you need to buy stuff to get 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 big fan of the term blogger as it sounds like youre only writing random notes on a site. In fact, owning your own piece of electronic property is large money.
I started my own sites in December 2014 and broke $5,000 a month just a couple of years after. 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 take work starting out. That route to $5,000 a month didnt happen overnight but just like real estate development, it build up an asset that now creates constant cash flow if I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that will continue to send visitors even when I take a little time off. .
Now Im working on a movie to talk about five secrets to starting a website that Ive learned within the last 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 outthere. .
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The biggest key to success in this passive income source though, is to simply begin. There are variables like site age that play into getting ranked on Google and the sooner you get started, the better.
You can start your website for less than $5 per month using Blue Host and spend only a couple of hours every 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 special offer by Blue Host below. Dont wait until you need the excess money to start your own blog. I was making a grand a month away from my sites within a year of launching so even though your blog isnt large enough to replace your job, a grand a month remains pretty nice to get a mostly passive income source. .
I spoke about this next passive income idea in a recent movie on the five investments that helped 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'd real estate 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 keys I learned over 20 years as a real estate investor. Four measures to take that can guarantee your success! Watch the video below 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 place in my portfolio. No other asset has created as much long-term wealth as property.
There are a couple problems with direct investment in real estate however. Its expensive to purchase even a single house, 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 have all your money in only one or two investments. .
StREITwise Going Here 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 properties but much more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a fantastic 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 over $5.4 billion in land and across all real estate types.