Residual Income In Malta - Passive Residual Income Fundamentals Explained

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TopCashBack is an online shopping money back website in which you receive 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 money back program.

All these are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you buy. Youre still shopping right on the retailers site so you get all the other discounts and bargains they provide, you just get an additional bonus for going via the TopCashBack site first. .

TopCashBack is a little better with the average cash 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 things to find 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 reality, owning your own piece of digital property is big money.

I began my own sites in December 2014 and broke $5,000 a month just two years later. I dropped $5,500 through 2017 and thats not including side hustle 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 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 traffic even if I take a little time away. .

Now Im working on a video to share five secrets for starting a website that Ive learned over the last four years out of how to boost visitors to the easiest ways to earn money so be sure to subscribe to the 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 however, is to just get started. There are variables like site age that play into getting ranked on Google and the sooner you begin, the better.

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You can begin your site for less than $5 a 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 particular offer by Blue Host below. Dont wait until you need the excess cash to begin your own blog. I was making a grand a month off my sites within a year of launching so even if your blog isnt big enough to replace your job, a grand a month is still pretty nice for a mostly passive income resource. .

I talked about this next passive income notion in a recent video on the five investments which let me make money while stocks were crashing. Bear in mind that, back in February when the stock exchange plunged 10% within two why not try here weeks I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .

Want to start in property investing Check out this movie where I reveal the four secrets I learned more than 20 years as a real estate investor. Four steps to take that can guarantee your success! See the video 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 generated as much long-term prosperity as land.

There are a couple problems with direct investment in real estate however. Its expensive to buy even a single property, a minimum of tens of thousands of dollars, and theres no way many investors can create a portfolio of different land 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 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 obtained or managed over $5.4 billion in land and across all property types.

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