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TopCashBack is an online shopping money 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 those 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 purchase. Youre still shopping right on the retailers website so that you get the rest of the discounts and deals they offer, you simply get an extra bonus for going through the TopCashBack site . .
TopCashBack is somewhat better with the ordinary cash back around 6% 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 wealthy because you have to buy things 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 huge fan of the term blogger as it sounds like youre only writing random notes on a site. In fact, owning your own piece of digital property is large money.
I began my own sites in December 2014 and broke $5,000 a month just two years later. 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 route to $5,000 per month didnt happen overnight but only like real estate development, it build up an asset that now generates constant cash flow if I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even when I take a little time off. .
Now Im working on a video 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 earn money so be sure to subscribe to the 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 just begin. There are variables 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 extra money 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 blog isnt large enough to replace your job, a grand per month is still fairly nice for a mainly passive income source. .
I spoke about this next passive income idea in a recent movie on the five investments which let me make money while stocks were crashing. Bear in mind that, back in February when the stock exchange plunged 10% within two months I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in property investing Check out this movie where I reveal the four keys I learned over 20 years as a real estate investor. Four steps to choose that will guarantee your success! Watch the video 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 property has always had a special place in site my portfolio. No other asset has created as much long-term prosperity 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 most investors can build a portfolio of different property types and in different regions to shield from those risks when you have all 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 like 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 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 that have obtained or managed over $5.4 billion in land and across all real estate types.