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TopCashBack is an online shopping cash back site where 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 cash back program.
All these are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you purchase. Youre still shopping directly on the merchants site so that you receive the rest of the discounts and deals they offer, you just get an extra bonus for going via the TopCashBack site first. .
TopCashBack is a little 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 as you have to buy stuff 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 big fan of the term blogger as it sounds just like youre only writing random notes on a website. In fact, owning your own piece of electronic real estate is big money.
I started my own sites in December 2014 and broke $5,000 per month just two 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 take work starting out. That route to $5,000 per month didnt happen overnight but only like real estate development, it build 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 will continue to send visitors even if I take a little time away. .
Now Im working on a video to share five secrets to starting a blog that Ive learned over the last four years out of how to boost visitors to recommended you read the simplest ways to earn money so be sure to subscribe to the channel so 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 begin. There are factors like site age that play into getting ranked on Google and the sooner you begin, the better.
You can start your site for less than $5 a month with Blue Host and spend just a couple of 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 excess cash to start your own blog. I was making a grand a month away from my sites within a year of launching even if your blog isnt large enough to replace your job, a grand a month is still pretty nice for a mostly passive income resource. .
I talked about this next passive income idea in a recent movie on the five investments which let me make money while stocks were crashing. Remember that, back in February when the stock market plunged 10% within two weeks I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to start in property investing Check out this video where I reveal the four keys I learned over 20 years content as a real estate investor. Four measures to choose that can guarantee your success! See 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 real estate has always had a special place in my portfolio. No other advantage has generated as much site long-term prosperity 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 bucks, 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 properties but more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a fantastic way to diversify 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 the 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 property types.