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TopCashBack is an online shopping money back site where you receive a percentage discount on anything you buy online. Everything you do is start at the TopCashBack site then click through one of those 4,000 retailers using a cash back program.
These are everything from Nike to Home Depot and you also get from 3 percent to 25% cash back on anything you purchase. Youre still shopping right on the merchants website so that you receive all the other discounts and bargains they offer, you just get an additional bonus for going through the TopCashBack site . .
TopCashBack is a little better with the ordinary 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 have to buy things to get the cash 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 property is large money.
I began my own sites in December 2014 and broke $5,000 per month just two years later. 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 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 will continue to send traffic even if I take a little time off. .
Now Im working on a movie to talk about five secrets for starting a website that Ive learned over the last four years from 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 out. .
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The biggest secret to success in this passive income source however, is to just 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 start your own blog. I was making a grand a month off my websites within a year of launching even though your blog isnt big enough to replace your work, a grand a month is still fairly nice to get 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 market plunged 10% within 2 weeks I came out ahead you could check here because I'd property crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in property investing Check out this video where I show the four secrets I learned more than 20 years as a real estate investor. Four steps to choose that can guarantee your success! Watch the movie 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 spot 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 buy even a single house, a minimum of tens of thousands of bucks, and theres no way many investors can build a portfolio of different land types and in different regions to protect from these risks when you've got 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 has paid a 10% annualized return since inception and is a fantastic 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 the date of the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have obtained or managed over $5.4 billion in land and across all real estate types.