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TopCashBack is an online shopping cash back website in which you get a percentage discount on anything you buy online. Everything you do is start at the TopCashBack site then click through one of the 4,000 retailers with a cash back program.
All these are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the retailers site so that you get the rest of the discounts and deals they offer, you simply get an extra bonus for going via the TopCashBack site first. .
TopCashBack is a little better with the average money back around 6% of your purchase so in the event that you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you wealthy as you have 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 like youre only writing random notes on a website. In reality, owning your own piece of digital real estate is large money.
I began my own sites in December 2014 and broke $5,000 per month just a couple of decades later. 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 creates constant cash flow if I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that'll continue to send visitors even if I take a little time away. .
Now Im working on a movie to talk about five secrets for starting a website that Ive learned within the last four years from how to boost visitors to the simplest ways to make money so be sure to subscribe to this 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 though, is to just begin. 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 per month with Blue Host and spend just a couple of hours a week to assemble it while you wait for it to start 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 cash to begin your blog. I had been making a grand a month off my websites within a year of launching so even if your blog isnt large enough to replace your work, a grand a month is still pretty nice to get a mostly passive income source. .
I talked about this next passive income notion in a recent video on the five investments that let me earn money while stocks were crashing. Bear in mind that, back in February when the stock market plunged 10% within 2 months I came out ahead because I had 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 official source your success! See the video 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 property has always had a special spot 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 however. Its expensive to purchase even a single house, a minimum of tens of thousands of bucks, and theres no way many investors can create a portfolio of different land types and in different regions to shield from these dangers when you've got all your money in only 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 holds a collection of properties but more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a fantastic 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 this date of this video, has paid a 10% annualized dividend. The fund is managed Get More Info by seasoned real estate professionals that have acquired or managed over $5.4 billion in land and across all real estate types.