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TopCashBack is an online shopping money back site in which 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 cash back program.
All 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 you receive the rest of the discounts and deals they offer, you just get an additional bonus for going via the TopCashBack site first. .
TopCashBack is a little better with the average cash 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 because 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 just writing random notes on a website. In fact, owning your own piece of electronic property is large money.
I began my own websites in December 2014 and broke $5,000 per month just a couple of decades after. I dropped $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 property development, it build up an advantage 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'll continue to send visitors even if I take a little time off. .
Now Im working on a video to talk about five secrets for starting a blog that Ive learned over the previous four years from my blog how to boost traffic to the simplest ways to earn money so make sure you subscribe to this channel so you dont miss it when it comes outthere. .
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The biggest secret to success in this passive income source though, is to simply begin. 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 special offer by Blue Host below. Dont wait until you need the excess money to start your blog. I was making a grand a month off my websites within a year of launching so even though your blog isnt big enough to replace your work, a grand a month is still pretty nice for a mainly passive income resource. .
I talked about this next passive income notion in a recent video on the five investments that helped me make money while stocks were crashing. Bear in mind thatback in February when the stock market plunged 10% within two months I came out ahead because I'd property crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in real estate investing Check out this movie where I show the four secrets I learned over 20 years as a property investor. Four steps to take that can guarantee your success! See the movie below 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 my portfolio. No other asset has created as much long-term prosperity as property.
There are a couple problems with direct investment in real estate though. Its expensive to buy even a single property, a minimum of tens of thousands of bucks, and theres no way most investors can create a portfolio of different property types and in different regions to shield from these dangers when you have all your money in only one or two investments. .
StREITwise offers 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 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 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.