The 6-Minute Rule for Residual Income In Malta - Passive Residual Income

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TopCashBack is an online shopping cash back website where you get a percentage discount on anything you buy online. Everything you do is start at the TopCashBack site then click through one of the 4,000 retailers using a cash back program.

All these are everything from Nike to Home Depot and you get from 3 percent 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 bargains they provide, you just get an additional bonus for going through the TopCashBack web site first. .

TopCashBack is a little better with the ordinary money back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich because you need to buy stuff to get the money 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 because it sounds just like youre only writing random notes on a site. In fact, owning your own piece of electronic real estate is large money.

I began my own websites in December 2014 and broke $5,000 a 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 just like property development, it build up an asset 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 to starting a blog that Ive learned within the previous four years from how to boost visitors to the easiest ways to earn money so make sure you subscribe to the channel so 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 site age that play into getting ranked on Google and the sooner you get started, the better.

 

 

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You can begin your website for less than $5 a month using Blue Host and spend just a few hours every week to assemble it while you wait for it to start producing that income Web Site 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 was making a grand a month off my websites within a year of launching even if your blog isnt big enough to replace your work, a grand per month remains fairly nice for a mainly passive income source. .

I talked about this next passive income notion in a recent movie on the five investments that helped me make money while stocks were crashing. Bear in mind thatback in February when the stock market 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 start in property investing Check out this movie where I show the four keys I learned more than 20 years as a property investor. Four steps to take that can guarantee your success! Watch the video here on YouTube.

 

 

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I began my professional career as a commercial real estate analyst and Ive managed my Visit Your URL own rental properties so property has always had a special spot in my portfolio. No other asset has created as much long-term wealth 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 bucks, and theres no way many investors can create a portfolio of different property types and in different regions to protect from those risks when you have all 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 holds a collection of possessions but more like crowdfunding in its 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 this date of this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have acquired or managed around $5.4 billion in property and across all property types.

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