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TopCashBack is an online shopping money back website in which you get 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 buy. Youre still shopping directly on the retailers site so you get the rest of the discounts and bargains they offer, you just get an extra bonus for going through the TopCashBack site first. .
TopCashBack is somewhat better with the ordinary cash back around 6 percent of your purchase so if 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 money back but its free money on the things you were going to buy anyway. .
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Our next passive income notion is blogging. Im not a big fan of the term blogger as it sounds like youre only writing random notes on a website. In reality, owning your own piece of digital real estate is big money.
I started my own sites in December 2014 and broke $5,000 a month just a couple of decades after. I averaged $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 per month didnt happen overnight but just like real estate development, it build an advantage that now generates constant cash flow if 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 away. .
Now Im working on a video to share five secrets for starting a website that Ive learned within the previous four years out of how to boost traffic to the easiest ways to make money so be sure to subscribe to this channel so that you dont miss it when it comes outthere. .
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The biggest secret to success in this passive income source however, is to simply begin. There are factors like website age view it now that play into getting ranked on Google and the sooner you begin, the better.
You can start your website for less than $5 a month with Blue Host and spend only a few hours every week to build it while you wait for it to begin producing that income you can count on.
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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 own blog. I had been making a grand a month away from my sites within a year of launching so even if your site isnt large enough to replace your job, a grand per month is still pretty nice for a mainly passive income source. .
I talked about this next passive income idea in a recent movie my website on the five investments that helped me earn money while stocks were crashing. Remember that, back in February when the stock exchange plunged 10% within two weeks I came out ahead because I had real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in real estate investing Check out this movie where I show the four secrets I learned more than 20 years as a property investor. Four measures to take that will guarantee your success! See 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 spot in my portfolio. No other advantage has generated as much long-term wealth as land.
There are a couple of 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 most investors can build a portfolio of different land types and in different regions to protect from those dangers when you have all your money in just one or two investments. .
StREITwise offers a hybrid investment between traditional REIT home fund investing and the new crowdfunding. The fund is similar to a real estate investment trust in that it retains a collection of properties but much 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 the 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.