Residual Income In Malta - Passive Residual Income for Beginners
TopCashBack is an online shopping money back website 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 the 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 you get all the other discounts and bargains they provide, you simply get an extra bonus for going through the TopCashBack web site first. .
TopCashBack is somewhat better with the average cash back around 6% 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 need to buy things 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 notion is blogging. Im not a huge fan of the term blogger as it sounds just like youre just writing random notes on a website. In fact, owning your own piece of electronic property is large money.
I began my own websites 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 going to require work starting out. That path to $5,000 a month didnt happen overnight but only like property development, it build up an advantage that now generates 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 off. .
Now Im working on a video to share five secrets to starting a blog that Ive learned over the previous four years out of how to boost traffic to the simplest ways to earn money so be sure to subscribe to the 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 though, is to simply get started. There are factors like site age that play into getting ranked on Google and the sooner you begin, the better.
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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 had been making a grand a month off my websites within a year of launching even if your blog isnt large enough to replace your job, a grand per month remains fairly nice to get a mainly passive income resource. .
I talked about this next passive income idea in a recent video on the five investments that helped 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 had property crowdfunding and p2p lending to see this website smooth out my portfolio. informative post .
Want to get started in property investing Check out this video where I reveal the four keys I learned more than 20 years as a real estate investor. Four measures to take that can guarantee your success! See the movie 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 created 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 house, a minimum of tens of thousands of dollars, and theres no way many 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 only one or two investments. .
StREITwise view it now provides a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is like a real estate investment trust in that it retains a collection of possessions but more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great way to increase your property exposure. .
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The stREITwise 1st stREIT Office REIT invests in high quality office properties and as of this date of this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have obtained or managed around $5.4 billion in property and across all property types.