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TopCashBack is an online shopping money back site where you get a percentage discount on anything you buy online. What you do is start at the TopCashBack website then click through one of the 4,000 retailers using a money back program.
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 right on the retailers website 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 first. .
TopCashBack is somewhat better with the average cash 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 things to get the cash 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 huge fan of the term blogger as it sounds just like youre only writing random notes on a site. In reality, owning your own piece of digital real estate is large money.
I started my own sites in December 2014 and broke $5,000 per 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 going to require work starting out. That route to $5,000 a month didnt happen overnight but just like property development, it build up an asset that now creates constant cash flow whether I work or not. I get 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 to starting a website that Ive learned within the last four years from how to boost traffic to the simplest ways to make money so be sure to subscribe to the channel so that you dont miss it when it comes out. .
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The biggest key to success in this passive income source however, is to simply get started. There are factors like website 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 money to begin your blog. I was making a grand a month away from my sites within a year of launching so even if your site isnt big enough to replace your work, a grand per month remains pretty nice for a mostly passive income resource. .
I spoke about this next passive income idea in a recent video on the five investments which helped me visit earn money while stocks were crashing. Remember that, back in February when the stock market plunged 10% within 2 months I came out ahead because I had real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in real estate investing Check out this video where I show the four secrets I learned more than 20 years as a property investor. Four steps to choose that can guarantee your success! Watch the video below 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 place in my portfolio. No other asset has created as much long-term wealth as property.
There are a couple of problems with direct investment in real estate however. Its expensive to purchase even a single house, a minimum of tens of thousands of dollars, and theres no way most investors can create a portfolio of different property types and in different regions to shield from these risks 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 similar to a real estate investment trust in that it retains a collection of possessions but more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great 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 this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have acquired or managed around $5.4 billion in land and across all real estate types.