The Best Strategy To Use For Residual Income Ideas In Malta

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TopCashBack is an online shopping money back website where 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.

These are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you purchase. Youre still shopping directly on the merchants website so that you get all the other discounts and deals they offer, you just get an additional bonus for going through the TopCashBack web site first. .

TopCashBack is somewhat better with the average money back around 6% 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 wealthy 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 huge fan of the term blogger because it sounds like youre just writing random notes on a site. In fact, owning your own piece of electronic real estate is big money.

I began my own sites in December 2014 and broke $5,000 per month just two years after. I dropped $5,500 through 2017 and thats not including side hustle work I did freelancing.

 

 

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Blogging is still going to require work starting out. That route to $5,000 a month didnt happen overnight but only like property development, it build up 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 video to talk about five secrets for starting a blog that Ive learned within the previous four years from how to boost traffic to the easiest ways to earn money so make sure you subscribe to the channel so you dont miss it when it comes outthere. .

 

 

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The biggest secret to success in this passive income source though, is to just begin. 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 website for less than $5 per month using Blue Host and spend only a few 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 begin your own blog. I had been making a grand a month away from my websites within a year of launching so even though your site isnt large enough to replace your work, a grand a month is still pretty nice to get a mainly passive income resource. .

I spoke about this next passive income idea in a recent video on the five investments which their explanation helped me earn money while stocks were crashing. Remember that, back in February when the stock exchange plunged 10% within 2 weeks I came out ahead because I had real estate crowdfunding and p2p lending to smooth out my portfolio. .

Want to get started in property investing Check out this video where I show the four keys I learned over 20 years as a real estate investor. Four steps to choose that will guarantee your success! See 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 property has always had a special place in my portfolio. No other advantage has generated as much long-term wealth as land.

There are a couple problems with direct investment in real estate though. Its expensive to purchase even a single property, a minimum of tens of thousands of bucks, and theres no way many investors can build a portfolio of different property types and in different regions to protect from those risks when you have all of 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 properties but much more like crowdfunding in website here 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 the date of this 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 property types.

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