10 Simple Techniques For Residual Income In Malta - Passive Residual Income

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TopCashBack is an online shopping cash back site in which you receive a percentage discount on anything you buy online. What you do is start at the TopCashBack website then click through one of the 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 receive the rest of the discounts and deals they provide, you simply get an extra bonus for going via the TopCashBack site first. .

TopCashBack is somewhat better with the ordinary 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 wealthy because you have to buy things 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 notion is blogging. Im not a big fan of the term blogger as it sounds like youre just writing random notes on a site. In fact, owning your own piece of electronic real estate is large money.

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

 

 

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Blogging is going to take work starting out. That path to $5,000 a month didnt happen overnight but only like property development, it build an asset that now creates 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 if I take a little time off. .

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

 

 

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The biggest secret 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 start your website for less than $5 a month using Blue Host and spend only a couple of hours every 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 particular offer by Blue Host below. Dont wait until you need the extra money 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 per month remains fairly nice for a mainly passive income resource. .

I spoke about this next passive income notion in a recent video on the five investments which helped me make money while stocks were crashing. Bear in mind that, back in February when the stock market plunged 10% within 2 weeks I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out my portfolio. .

Want to start 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 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 place in visit site my portfolio. No other asset has created as much long-term wealth as property.

There are a couple of problems with direct investment in real estate though. Its expensive to buy even a single property, a minimum of tens of thousands of dollars, and theres no way most investors can build a portfolio of different property types and in different regions to protect from these dangers when you have 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 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 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 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 property and across all real estate types.

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