The 8-Second Trick For Residual Income In Malta - Passive Residual Income

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TopCashBack is an online shopping money back website where you get a percentage discount on anything you buy online. Everything you do is start in the TopCashBack site then click through one of the 4,000 retailers with a cash 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 receive all the other discounts and deals they provide, you just get an additional bonus for going via the TopCashBack site . .

TopCashBack is somewhat better with the ordinary money 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 rich because you need to buy things to find the money back but its completely 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 site. In reality, owning your own piece of digital real estate is big money.

I began my own websites in December 2014 and broke $5,000 a month just a couple of 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 only like property development, it build up 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 will continue to send visitors even if I take a little time away. .

Now Im working on a video to talk about five secrets to starting a website that Ive learned over the previous four years out of how to boost traffic to the easiest ways to earn money so make sure you subscribe to the channel so you dont miss it when it comes outthere. .

 

 

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The biggest secret to success in this passive income source though, is to simply begin. There are factors like site age that play into getting ranked on Google and the sooner you begin, the better.

 

 

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You can begin your website for less than $5 a month using Blue Host and spend just a couple of hours every week to assemble it while you wait for it to begin producing that income home 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 start your blog. I had been making a grand a month off my sites within a year of launching so even though your blog isnt large enough to replace your job, a grand a month remains fairly nice for a mainly passive income source. .

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 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 keys I learned over 20 years as a real estate investor. Four measures to choose that will guarantee your success! See 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 a special place in my portfolio. No other asset has generated as much long-term wealth as land.

There are a couple of problems with direct investment in real estate though. Its expensive to purchase even a single property, a minimum of tens of thousands of dollars, and theres no way many investors can build a portfolio of different property types and in different regions to shield 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 properties but more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great 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 the date of this 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 property and across all real estate types.

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