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TopCashBack is an online shopping cash back site where you get a percentage discount on anything you buy online. Everything you do is start at the TopCashBack site then click through one of the 4,000 retailers using a money back program.
All these are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you buy. Youre still shopping right on the retailers site so you receive all the other discounts and bargains they provide, you just get an extra bonus for going via the TopCashBack web site . .
TopCashBack is somewhat better with the average money back around 6% 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 as you have to buy things to find 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 like youre just writing random notes on a site. In reality, owning your own piece of electronic real estate is large money.
I began my own sites in December 2014 and broke $5,000 per month just two decades 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 path to $5,000 per month didnt happen overnight but only like real estate development, it build an asset that now generates constant cash flow whether I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that will continue to send visitors even if I take a little time away. .
Now Im working on a video to share five secrets for starting a website that Ive learned over the previous four years from 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 key to success in this passive income source however, is to just begin. 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 cash to begin your blog. I was making a grand a month away from my sites within a year of launching even if your blog isnt big enough to replace your work, a grand per month is still fairly nice to get a mainly passive income resource. .
I talked about this next passive income notion in a recent video on the five investments anchor that helped me earn money while stocks were crashing. Bear in mind thatback in February when the stock market 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 get started in property investing Check out this movie where I reveal the four keys I learned more than 20 years as a real estate investor. Four steps to choose that will guarantee your success! Watch the video below 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 spot in my portfolio. No other advantage has created as much long-term prosperity as property.
There are a couple of problems with direct investment in real estate however. Its expensive to buy even a single property, a minimum of tens of thousands of dollars, and theres no way most 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 similar to a real estate investment trust in that it retains a collection of possessions but much more like crowdfunding in its own 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 who have acquired or managed around $5.4 billion in land and across all real estate types.