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TopCashBack is an online shopping cash back site 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 using 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 directly on the merchants site so that you get the rest of the discounts and deals they provide, you simply get an extra bonus for going via the TopCashBack site . .
TopCashBack is somewhat better with the ordinary cash 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 because you have 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 huge fan of the term blogger as it sounds like youre only writing random notes on a site. 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 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 path to $5,000 a month didnt happen overnight but just like real estate development, it build an asset that now generates constant cash flow if I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that will 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 previous four years from how to boost traffic to the simplest ways to make money so be sure to subscribe to the channel so you dont miss it when it comes outthere. .
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The biggest secret to success in this passive income source however, is to simply get started. There are variables like site age that play into getting ranked on Google and the sooner you begin, the better.
You can begin your website for less than $5 a month using Blue Host and spend just a few hours every 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 excess cash to begin your blog. I had been making a grand a month away from my websites within a year of launching even though your blog isnt large enough to replace your job, a grand per month is still fairly nice for a mainly passive income source. .
I talked about this next passive income notion in a recent video on the five investments that helped me earn money while stocks were crashing. Remember thatback in February when the stock market plunged 10% within 2 months I came out ahead because I had property crowdfunding and p2p lending to smooth out my anchor portfolio. .
Want to start in real estate investing Check out this movie where I reveal the four secrets I learned over 20 years as a real estate investor. Four steps to choose that will guarantee your success! See 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 advantage has generated as much long-term prosperity as land.
There are a couple of problems with direct investment in real estate though. Its expensive to buy even a single property, a minimum of tens of thousands of bucks, and theres no way most investors can create a portfolio of different land types and in different regions to shield from these dangers when you've got all of 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 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 way to increase 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 the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have acquired or managed around $5.4 billion in property and across all real estate types.