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TopCashBack is an online shopping money back website where you receive a percentage discount on anything you buy online. Everything you do is start at the TopCashBack site then click through one of those 4,000 retailers using 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 buy. Youre still shopping directly on the merchants site so you get the rest of the discounts and bargains they offer, you just get an additional bonus for going via the TopCashBack web site . .
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 to get $60 back. Again, not something thats going to make you rich as you need to buy stuff to find the money 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 huge fan of the term blogger as it sounds just like youre only writing random notes on a website. In reality, owning your own piece of electronic property is large money.
I began my own websites in December 2014 and broke $5,000 per 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 still going to take work starting out. That route to $5,000 a month didnt happen overnight but just like property development, it build up an asset that now creates 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 visitors even when I take a little time away. .
Now Im working on a movie to talk about five secrets for starting a blog that Ive learned over the last four years out of how to boost visitors to the simplest ways to make money so make sure you subscribe to the channel so you dont miss it when it comes out. .
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The biggest secret to success in this passive income source though, is to simply get started. There are variables like site age that play into getting ranked on Google and the sooner you get started, 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 off my sites within a year of launching even though your site isnt large enough to replace your job, a grand a month is still fairly nice for a mainly passive income resource. .
I talked about this next page next passive income idea in a recent movie on the five investments which helped me earn money while stocks were crashing. Bear in mind that, back in February when the stock exchange 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 get started in property investing Check out this video where I show the four anchor secrets I learned more than 20 years as a real estate investor. Four steps to take that can 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 place in my portfolio. No other advantage has created as much long-term wealth as property.
There are a couple of problems with direct investment in real estate however. Its expensive to buy even a single house, a minimum of tens of thousands of dollars, and theres no way many investors can build a portfolio of different land types and in different regions to protect from those risks when you've got all your money in only 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 properties but much more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a fantastic read this post here 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 this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have acquired or managed over $5.4 billion in land and across all property types.