Residual Income In Malta - Passive Residual Income Things To Know Before You Buy

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TopCashBack is an online shopping money back site in which you receive a percentage discount on anything you buy online. Everything you do is start in the TopCashBack website then click through one of the 4,000 retailers using 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 purchase. Youre still shopping directly on the merchants website so that you get the rest of the discounts and deals they provide, you just get an extra bonus for going via the TopCashBack site first. .

TopCashBack is somewhat better with the ordinary money back around 6 percent of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich because you have to buy things to get 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 huge fan of the term blogger because it sounds just like youre only writing random notes on a site. 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 a couple of years after. I dropped $5,500 through 2017 and thats not including side holiday work I did freelancing.

 

 

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Blogging is still going to take work starting out. That path to $5,000 a month didnt happen overnight but only like property development, it build an asset that now creates constant cash flow if I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even if I take a little time off. .

Now Im working on a movie to talk about five secrets for starting a blog that Ive learned over the previous four years from how to boost traffic to the simplest ways to earn money so make sure you 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 just get started. There are variables like website age that play into getting ranked on Google and the sooner you begin, the better.

 

 

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You can start your website for less than $5 a month with Blue Host and spend just a few hours every week to assemble 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 blog. I had been making a grand a month away from my websites within a year of launching even if your site isnt big enough to replace your work, a grand per month remains pretty nice for a mainly passive income source. .

I spoke about this next passive income idea in a recent video on the five investments which helped me earn money while stocks were crashing. Remember thatback in February when the stock exchange plunged 10% within 2 weeks I came out ahead because I had property 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 over 20 years as a property investor. Four steps to take that can guarantee your success! Watch the movie 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 asset Website has created as much long-term wealth as land.

There are a couple problems with direct investment in real estate however. Its expensive to purchase 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 shield from these risks 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 image source investment trust in that it holds 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 the 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 property and across all property types.

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