The Basic Principles Of Residual Income Ideas In Malta

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TopCashBack is an online shopping cash back site where you receive a percentage discount on anything you buy online. Everything you do is start in the TopCashBack website then click through one of those 4,000 retailers using a money 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 retailers site so you receive the rest of the discounts and bargains they provide, you just get an additional bonus for going through the TopCashBack web site first. .

TopCashBack is a little better with the average money back around 6 percent of your purchase so in the event that you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you rich because you have to buy stuff to get the money back but its 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 as it sounds just like youre just writing random notes on a site. In reality, owning your own piece of electronic property is large money.

I started my own websites in December 2014 and broke $5,000 a month just a couple of years after. I averaged $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 route to $5,000 per month didnt happen overnight but only like real estate 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'll continue to send visitors even when I take a little time off. .

Now Im working on a video to talk about five secrets for starting a website that Ive learned over the last four years from how to boost visitors to the easiest ways to earn money so make sure you subscribe to this channel so 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 variables like website age that play into getting ranked on Google and the sooner you get started, the better.

 

 

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You can start your site for less than $5 a month with Blue Host and spend just a couple of hours a 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 excess cash to start your own blog. I had been making a grand a month away from my websites within a year of launching so even if your site isnt large enough to replace your job, a grand a month remains fairly nice for a mainly passive income resource. .

I talked about this next passive income idea in a recent movie on the five investments that let me make money while stocks were crashing. Bear in mind that, back in February when the stock market plunged 10% within two months I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out my portfolio. .

Want to start in real estate investing Check out this movie where I show the four secrets I learned more than 20 years as a real estate investor. Four measures to choose that can 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 property.

There are a check my source couple of problems with direct investment in real estate though. Its expensive to buy even a single house, a minimum of tens of thousands of dollars, and theres no way most investors can build a portfolio of different land types and in different regions to shield from those dangers when you have 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 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 diversify your property exposure. .

 

 

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The home stREITwise 1st stREIT Office REIT invests in high quality office properties and as of the date of the 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 property types.

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