Residual Income In Malta - Passive Residual Income for Beginners

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TopCashBack is an online shopping cash back website in which you get a percentage discount on anything you buy online. What you do is start in the TopCashBack site then click through one of those 4,000 retailers using a cash back program.

All 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 right on the merchants website so you receive all the other discounts and bargains they provide, you simply get an extra bonus for going via the TopCashBack web site . .

TopCashBack is a little better with the average cash 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 need to buy stuff to find the cash 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 website. In reality, owning your own piece of digital real estate is big money.

I started my own websites in December 2014 and broke $5,000 per month just two decades 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 just like property development, it build 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 when I take a little time away. .

Now Im working on a movie to share five secrets for starting a website that Ive learned over the last four years out of how to boost traffic to the easiest ways to make money so be sure to subscribe to the channel so you dont miss it when it comes outthere. .

 

 

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The biggest key to success in this passive income source though, is to just get started. There are variables like site age that play into getting ranked on Google and the sooner you get started, the better.

 

 

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You can begin your site for less than $5 a month with Blue Host and spend only a couple of hours every week to assemble it while you wait for it to start 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 extra cash to start your blog. I had been making a grand a month away pop over to this site from my websites within a year of launching so even though your blog isnt large enough to replace your job, a grand per month is still pretty nice to get a mostly 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. Bear in mind that, back 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 show the four keys I learned more than 20 years as a property investor. Four steps to choose that will guarantee your success! See the video 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 property has always had a special spot in my portfolio. No other advantage has generated as much long-term prosperity as land.

There are a couple 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 many investors can create a portfolio of different land types and in different regions to shield from those risks when you've got all your money in just one or two investments. .

StREITwise offers a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is like a real estate 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 fantastic 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 the date of this 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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