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TopCashBack is an online shopping cash back site where you get a percentage discount on anything you buy online. What you do is start in 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 get from 3 percent to 25% cash back on anything you purchase. Youre still shopping right on the merchants website so that you get all the other discounts and bargains they offer, you simply get an extra bonus for going via the TopCashBack site first. .
TopCashBack is a little better with the ordinary cash back around 6% of your purchase so if you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you wealthy because 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 idea is blogging. Im not a big fan of the term blogger as it sounds like youre just writing random notes on a website. In fact, owning your own piece of digital real estate is big money.
I started 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 holiday work I did freelancing.
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Blogging is still going to require work starting out. That route to $5,000 per month didnt happen overnight but only 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'll continue to send traffic even if I take a little time away. .
Now Im working on a video to share 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 make sure you subscribe to this channel so that you dont miss it when it comes outthere. .
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The biggest key to success in this passive income source though, is to simply get started. There are variables like website age that play into getting ranked on Google and the sooner you begin, the better.
You can start your site for less than $5 per month with Blue Host he has a good point and spend just a couple of hours every 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 start your own blog. I had been making a grand a month off my sites within a year of launching so even though your site isnt big enough to replace your job, a grand per month remains pretty nice for a mainly passive income source. .
I talked about this next passive income idea in a recent video on the five investments that let me earn money while stocks were crashing. Bear in mind thatback in February when the stock market plunged 10% within 2 weeks 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 movie where I show the four keys I learned more than 20 years as a property investor. Four steps to take that can guarantee description your success! See the movie below on YouTube.
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I started my professional career as a original site commercial real estate analyst and Ive managed my own rental properties so property 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 problems with direct investment in real estate however. Its expensive to purchase even a single property, a minimum of tens of thousands of dollars, and theres no way many investors can create a portfolio of different land types and in different regions to protect from those risks when you have all of your money in just 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 more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great way to diversify your property 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 obtained or managed around $5.4 billion in property and across all real estate types.