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TopCashBack is an online shopping money back website 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 with a cash 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 directly on the retailers site so you receive all the other discounts and bargains they offer, you simply get an additional bonus for going via the TopCashBack site first. .
TopCashBack is a little better with the ordinary 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 rich as you need to buy stuff 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 big fan of the term blogger as it sounds just like youre just writing random notes on a website. In reality, owning your own piece of digital real estate is large money.
I began my own sites in December 2014 and broke $5,000 a month just two decades after. I averaged $5,500 through 2017 and thats not including side holiday work I did freelancing.
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Blogging is still going to require work starting out. That path to $5,000 a month didnt happen overnight but only like real estate development, it build an asset that now creates 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 traffic even when I take a little time away. .
Now Im working on a video to talk about five secrets for starting a blog that Ive learned over the previous four years from how to boost visitors to the easiest ways to earn money so make sure you subscribe to this channel so that you dont miss it when it comes outthere. .
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The biggest key to success in this passive income source however, is to just begin. There are variables like website age that play into getting ranked on Google and the sooner you begin, the better.
You can begin your website for less than $5 a month with Blue Host and spend just a couple of hours every week to assemble it while you wait for official website it to begin producing that income you can count on.
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Ill leave a link to a special offer by Blue Host below. Dont wait until you need the excess cash to start your own blog. I had been 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, go to my blog a grand per month is still pretty nice for a mainly passive income resource. .
I spoke about this next passive income idea in a recent video on the five investments that let me make money while stocks were crashing. Remember that, back in February when the stock exchange plunged 10% within 2 months I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in real estate investing Check out this movie where I reveal the four keys I learned more than 20 years as a property investor. Four steps to take that can guarantee your success! Watch the movie 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 property has always had get more a special spot in my portfolio. No other asset 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 most investors can build a portfolio of different property types and in different regions to shield from these dangers when you've got all your money in only one or two investments. .
StREITwise offers 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 holds 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 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 who have obtained or managed around $5.4 billion in land and across all property types.