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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 at 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 also get from 3% to 25% cash back on anything you purchase. Youre still shopping directly on the retailers site so that you get the rest of the discounts and deals they provide, you simply get an additional bonus for going through the TopCashBack web site . .
TopCashBack is a little better with the average money back around 6 percent 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 rich because you have to buy things 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 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 real estate is big money.
I started my own websites in December 2014 and broke $5,000 per month just two decades later. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.
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Blogging is going to require work starting out. That path to $5,000 a 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 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 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 make sure you subscribe to this 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 however, is to simply begin. There are factors like website age that play into getting ranked on Google and the sooner you begin, the better.
You can begin your website for less than $5 per month using Blue Host and spend just a Go Here few 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 particular offer by Blue Host below. Dont wait until you need the extra cash to begin your blog. I was making a grand a month away from my websites within a year of launching so even though your blog isnt large enough to replace your job, a grand per month remains fairly nice to get a mostly passive income source. .
I talked about this next passive income idea in a recent movie on the five investments which let me earn money while stocks were crashing. Remember thatback in February when the stock market 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 property investing Check out this movie where I show the four keys I learned more than 20 years as a real estate investor. Four measures to take that will guarantee your success! Watch the movie 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 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 though. Its expensive to purchase even a single property, a minimum of tens of thousands of dollars, and theres no way many investors can create a portfolio of different property types and in different regions to shield from these dangers 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 like a real estate investment trust in that it holds a collection of possessions 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 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 over $5.4 billion in property and across all property types.