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TopCashBack is an online shopping money back site where you receive a percentage discount on anything you buy online. Everything you do is start at the TopCashBack website then click through one of those 4,000 retailers with a cash back program.
All these are everything from Nike to Home Depot and you also get from 3 percent to 25% cash back on anything you buy. Youre still shopping right on the retailers site so you get the rest of the discounts and bargains they provide, you just get an additional bonus for going through the TopCashBack site . .
TopCashBack is somewhat better with the ordinary 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 rich as you need to buy things to get 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 big fan of the term blogger because it sounds just like youre only writing random notes on a website. In fact, owning your own piece of electronic property is large money.
I began my own sites in December 2014 and broke $5,000 a month just two decades 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 require work starting out. That route 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 whether I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that'll 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 website that Ive learned over the last four years out of how to boost visitors to the simplest ways to make money so be sure to subscribe to the channel so that 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 get started. There are variables like site age that play navigate to these guys into getting ranked on Google and the sooner you begin, the better.
You can start your website for less than $5 per month using Blue Host and spend just a couple of hours a 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 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 so even if your site isnt big enough to replace your work, a grand a month remains pretty nice for a mainly passive income source. .
I spoke about this next passive income idea in a recent movie on the five investments that let me make money while stocks were crashing. Bear in mind that, back in February when the stock exchange plunged 10% within two months I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in property investing Check out this video where I show the four secrets I learned more than 20 years as a real estate investor. Four steps to choose that will guarantee your success! Watch the video here 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 spot in my portfolio. No other asset has created as much long-term wealth as land.
There are a couple of problems with direct investment in real estate though. Its expensive to purchase even a single property, a minimum of tens of thousands of bucks, 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've got 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 like a real estate investment trust in that it holds a collection of possessions but much more like crowdfunding in its 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 websites as of this date of this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have acquired or managed around $5.4 billion in land and across all real estate types.