Residual Income In Malta - Passive Residual Income for Beginners

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TopCashBack is an online shopping cash back site in which you get a percentage discount on anything you buy online. What you do is start in 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 right on the merchants site so you get all the other discounts and deals they offer, you simply get an additional bonus for going via the TopCashBack site . .

TopCashBack is a little better with the average 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 as you need to buy things to get 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 notion is blogging. Im not a big 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 digital real estate is large money.

I began my own sites in December 2014 and broke $5,000 per month just a couple of decades after. I averaged $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 route to $5,000 a month didnt happen overnight but only like real estate development, it build up 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 if I take a little time away. .

Now Im working on a video to talk about five secrets for starting a website that Ive learned over the last four years out of how to boost visitors to the simplest ways to earn money so be sure to subscribe to this channel so that you dont miss it when it comes out. .

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The biggest key to success in this passive income source though, is to simply get started. There are factors like website 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 per month using Blue Host and spend only a few hours a week to build 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 money to begin your own blog. I was making a grand a month away from my websites within a year of launching so even if your blog isnt big enough to replace your job, a grand page a month remains pretty nice for a mostly passive income source. .

I spoke about this next passive income notion in a recent video on the five investments which helped me earn money while stocks were crashing. Bear in mind 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 real estate investing Check out this movie where I show the four secrets I learned over 20 years as a property investor. Four measures to take 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 real estate has always had a special spot in my portfolio. No other asset has created as much long-term wealth as land.

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

StREITwise 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 holds a collection of possessions but more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a fantastic 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 this date of this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have acquired or managed over $5.4 billion in land and across all real estate types.

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