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TopCashBack is an online shopping money back site where you get a percentage discount on anything you buy online. What you do is start in the TopCashBack website 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 percent to 25% cash back on anything you purchase. Youre still shopping directly on the retailers website so that you get all the other discounts and deals they offer, you just get an additional bonus for going via the TopCashBack site first. .
TopCashBack is somewhat better with the ordinary 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 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 notion is blogging. Im not a huge fan of the term blogger as it sounds like youre just writing random notes on a website. In reality, owning your own piece of digital real estate is big money.
I began my own sites in December 2014 and broke $5,000 a month just two decades 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 per month didnt happen overnight but only like real estate development, it build up an asset that now generates constant cash flow whether I work or not. I get 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 share five secrets to starting a blog that Ive learned over the previous four years out of how to boost traffic to the simplest ways to make money so make sure you subscribe to this 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 simply begin. There are factors like site 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 with Blue Host and spend only a few hours every week to build it while you wait for it to start producing that income you can count on.
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Ill leave a link to a particular offer by Blue Host below. Full Report Dont wait until you need the excess cash to start your blog. I had been making a grand a month away from my sites within a year of launching even if your blog isnt big enough to replace your work, a grand a month remains pretty nice to get a mainly passive income source. .
I talked about this next passive income idea in a recent movie on the five investments that let me make money while stocks were crashing. Bear in mind thatback in February when the stock exchange plunged 10% within two weeks I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in real estate investing Check out this video 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 my own rental properties so real estate has always had a special spot in my portfolio. No other advantage has created as much long-term wealth as property.
There are a couple of problems with direct investment in real estate though. Its expensive to purchase even discover this a single property, 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 protect from these risks when you have 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 properties but much more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a fantastic way to increase your property 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 obtained or managed from this source over $5.4 billion in land and across all real estate types.