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TopCashBack is an online shopping cash back website in which you get a percentage discount on anything you buy online. What you do is start in the TopCashBack site then click through one of the 4,000 retailers with a cash back program.
These are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you buy. Youre still shopping right on the merchants website so you receive all the other discounts and deals they provide, you just get an additional bonus for going via the TopCashBack site first. .
TopCashBack is a little better with the average money back around 6 percent 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 because you need to buy stuff to find 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 because it sounds just like youre just writing random notes on a site. In reality, owning your own piece of digital real estate is big money.
I started my own websites in December 2014 and broke $5,000 a 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 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 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 if I take a little time off. .
Now Im working on a video to share five secrets for starting a website that Ive learned within the last four years out of how to boost traffic to the official website easiest 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 begin. 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 per month with Blue Host and spend only a few 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 own blog. I had been making a grand a month away from my websites within a year of launching even though your site isnt big enough to replace your job, a grand a month is still fairly nice to get a mainly passive income source. .
I talked about this next passive income notion in a recent video on the five investments that let me hop over to these guys make money while stocks were crashing. Bear in mind thatback in February when the stock exchange plunged 10% within two weeks I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in real estate investing Check out this video where I reveal the four keys I learned more than 20 years as a property investor. Four steps to choose that can guarantee your success! Watch the video here on YouTube.
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I began 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 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 buy even a single property, 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 risks when you have 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 possessions but much more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a fantastic 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 this date of this 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 property types.