The Definitive Guide for Residual Income Ideas In Malta

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TopCashBack is an online shopping cash back website in which you receive a percentage discount on anything you buy online. What you do is start at 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 purchase. Youre still shopping directly on the retailers website so that you get all the other discounts and bargains they offer, you just get an additional 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 to get $60 back. Again, not something thats going to make you wealthy because you have to buy things to find 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 because it sounds just like youre only 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 a couple of years after. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.

 

 

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Blogging is still going to take work starting out. That route to $5,000 a month didnt happen overnight but only like real estate development, it build an asset that now generates constant cash flow if 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 talk about five secrets for starting a website 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 this channel so that you dont miss it click resources when it comes out. .

 

 

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The biggest secret to success in this passive income source however, is to just begin. There are variables like website age that play into getting ranked on Google and the sooner you begin, the better.

 

 

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You can start your website for less than $5 a month using Blue Host and spend only a couple of hours a week to assemble it while you wait for it to begin 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 extra money to start your own blog. I was making a grand a month away from my websites within a year of launching even if your blog isnt big enough to replace your job, a grand per month remains pretty nice for a mostly passive income source. .

I talked about this next passive income notion in a recent movie on the five investments which let me make money while stocks were crashing. Bear in mind thatback in February when the stock market plunged 10% within two months 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 video where I show the four secrets I learned over 20 years as you can find out more a real estate investor. Four measures to choose that can guarantee your success! Watch 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 spot 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 bucks, and theres no way most investors can create a portfolio of different property types and in different regions to protect from these risks when you've got all of your money in only one or two investments. .

StREITwise provides 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 retains a collection of possessions but much 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 the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have acquired or managed over $5.4 billion in property and across all real estate types.

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