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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 website then click through one of the 4,000 retailers with a cash back program.
These are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you buy. Youre still shopping right on the retailers website so you get all the other discounts and deals they offer, you simply get an extra bonus for going through the TopCashBack site first. .
TopCashBack is somewhat 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 rich as you need to buy stuff to get the cash 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 because it sounds just like youre only writing random notes on a website. In reality, owning your own piece of digital real estate is large money.
I started my own websites in December 2014 and broke $5,000 a month just two decades later. I averaged $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 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 if I take a little time away. .
Now Im working on a movie to talk about five secrets to starting a blog that Ive learned over the last four years from how to boost visitors to the easiest ways to earn 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 secret to success in this passive income source though, is to simply get started. There are factors like site age that play into getting ranked on Google and the sooner you get started, the better.
You can begin your site for less than $5 a month with Blue Host and spend just a 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 special Visit Your URL offer by Blue Host below. Dont wait until you need the extra money to start your own blog. I was making a grand a month away from my websites within a year of launching even if your site isnt big enough to replace your job, a grand per month is still fairly nice for a mainly passive income source. .
I talked about this next passive income idea in a recent video on the five investments that let 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 real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in property investing Check out this video where I show the four keys I learned over 20 years as a real estate investor. Four steps to take 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 place in my portfolio. No other asset has generated as much long-term wealth as property.
There are a couple of problems with direct investment in real estate though. Its expensive to buy even a single house, a minimum of tens of thousands of dollars, and theres no way most investors can build a portfolio of different land types and in different regions to protect from those risks when you have all of your money in just one or two investments. .
StREITwise offers 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 retains a collection of properties but more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a great 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 around $5.4 billion in land and across all real estate types.