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TopCashBack is an online shopping cash back site where you receive a percentage discount on anything you buy online. What you do is start at the TopCashBack site then click through one of those 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 merchants website so you get the rest of the discounts and deals they offer, you simply get an additional bonus for going through the TopCashBack web site first. .
TopCashBack is somewhat better with the ordinary money back around 6% of your purchase so if you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you rich because you have to buy things to find the cash 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 big 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 property is big money.
I began my own sites in December 2014 and broke $5,000 per month just two years after. I dropped $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 path to $5,000 per month didnt happen overnight but only like real estate development, it build an asset that now creates constant cash flow if 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 video to share five secrets for starting a blog that Ive learned within the previous four years out of how to boost visitors to the easiest 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 key to success in this passive income source though, is to simply get started. There are variables 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 with Blue Host and spend only a few hours a week to build 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 offer by Blue Host below. Dont wait until you need the excess money to start your own blog. I was making a grand a month away from my sites within a year of launching so even if your site isnt large enough to replace your job, a grand a month remains pretty 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 helped me make money while stocks were crashing. Remember thatback in February when the stock market plunged 10% within 2 weeks 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 property investor. Four measures to take that can 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 spot in my portfolio. No other advantage has generated as much long-term prosperity as land.
There are a couple problems with direct investment in real estate however. Its expensive to purchase even a single house, 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 those risks when you have all 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 retains 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 great way to diversify 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 this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have find here acquired or managed over $5.4 billion in property and across all property types.