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TopCashBack is an online shopping cash back website where you receive a percentage discount on anything you buy online. Everything 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 also get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the merchants website so that you receive the rest of the discounts and bargains they provide, you just get an extra bonus for going via the TopCashBack site first. .
TopCashBack is somewhat better with the average money back around 6 percent of your purchase so if 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 cash back but its completely 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 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 digital property is big money.
I began my own websites in December 2014 and broke $5,000 a month just a couple of years after. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.
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Blogging is going to take work starting out. That route to $5,000 per month didnt happen overnight but only like property development, it build up an asset that now generates constant cash flow whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even if I take a little time off. .
Now Im working on a movie to share five secrets for starting a website that Ive learned over the previous four years out of how to boost visitors to the easiest ways to earn money so make sure you subscribe to this channel so you dont miss it when it comes out. .
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The biggest key to success in this passive income source however, is to just begin. There are factors 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 begin your own blog. I was making a grand a month away from 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 to get a mostly passive income source. .
I talked about this next passive income idea in a recent video 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 months I came out ahead because I'd property crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in property investing Check out this video where I reveal the four keys I learned over 20 years as a property investor. Four steps to take that will guarantee your success! See 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 link has always had a special spot in my portfolio. No other advantage has generated as much long-term wealth as land.
There are a couple problems with direct investment in real estate however. Its expensive to purchase 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 risks when you've got 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 properties but much more like crowdfunding in its 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 check my blog video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have acquired or managed around $5.4 billion in property and across all property types.