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TopCashBack is an online shopping money back website where you get 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 with a money back program.
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 website so that you get the rest of the discounts and deals they offer, you simply get an extra bonus for going via the TopCashBack web site first. .
TopCashBack is somewhat better with the average money back around 6% of your purchase so in the event that you spend $1,000 online youre going for $60 back. Again, not something thats going to make you wealthy because you need to buy things 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 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 years later. I averaged $5,500 through 2017 and thats not including side holiday work I did freelancing.
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Blogging is going to require work starting out. That path to $5,000 per month didnt happen overnight but just like property development, it build an advantage 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 will continue to send traffic even when I take a little time away. .
Now Im working on a video to talk about five secrets for starting a website that Ive learned over the last four years from how to boost visitors to the easiest ways to make money so make sure you subscribe to the channel so you dont miss it when it comes outthere. .
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The biggest key to success in this passive income source however, is to just begin. There are factors like site 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 particular offer by Blue Host below. Dont wait until you need the extra cash to begin your own blog. I was making a grand a month off my sites within a year of launching even though your blog isnt large enough to replace your job, a grand a month remains fairly nice to get a mostly passive income source. .
I spoke about this next passive income notion in a recent video on the five investments that helped me make 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 start in property investing Check out this video where I show the four secrets I learned over 20 years as a real estate investor. Four steps to choose that can guarantee your success! Watch the movie 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 property has always had a special spot in my portfolio. No other advantage has created as much long-term prosperity as property.
There are a couple problems with direct investment in real estate though. 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 land types and in different regions to shield from those dangers when you have all of your money in just one or two investments. .
StREITwise provides a hybrid investment between see page 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 more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a great way to increase 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 the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have acquired or managed over $5.4 billion in land and across all real estate types.