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TopCashBack is an online shopping cash back website in which you receive a percentage discount on anything you buy online. Everything you do is start at the TopCashBack website then click through one of those 4,000 retailers with a money back program.
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 directly on the retailers site so you receive all the other discounts and deals they provide, you simply get an extra bonus for going through 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 for $60 back. Again, not something thats going to make you rich because you have to buy stuff 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 big fan of the term blogger because it sounds just like youre only writing random notes on a site. In fact, owning your own piece of electronic property is large money.
I started my own websites in December 2014 and broke $5,000 a month just a couple of decades after. 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 take work starting out. That path to $5,000 per month didnt happen overnight but only like property development, it build an asset that now creates 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 off. .
Now Im working on a video to talk about five secrets for starting a website that Ive learned within the last four years out of how to boost visitors to the simplest ways to make money so be sure to subscribe to this channel so that you dont miss it when it comes out. .
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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 get started, 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 money to begin your own blog. I was 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 spoke about this next passive income idea in a recent video on the five investments which let me make money while stocks were crashing. Bear in mind that, back in February when the stock exchange plunged 10% within two months 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 movie where I show the four secrets I learned over 20 years as a real estate investor. Four steps to choose that will guarantee your success! See 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 real estate has always had a special spot in my portfolio. No other advantage has generated as much long-term prosperity 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 most investors can build a portfolio of different property types and in different regions to protect from those risks when you have all 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 similar to a real estate investment trust in that it retains a collection of possessions but much more like crowdfunding in its management. The fund he has a good point 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 that have obtained or managed over $5.4 billion in land and across all property types.