The Basic Principles Of Residual Income In Malta - Passive Residual Income

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TopCashBack is an online shopping money back website in which you get a percentage discount on anything you buy online. What you do is start in the TopCashBack website then click through one of the 4,000 retailers with a money back program.

All these are everything from Nike to Home Depot and you also get from 3 percent to 25% cash back on anything you purchase. Youre still shopping directly on the retailers site so you get all the other discounts and bargains they offer, you simply get an additional bonus for going through the TopCashBack web site . .

TopCashBack is somewhat better with the ordinary cash back around 6% of your purchase so in the event that you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich because you have to buy stuff 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 notion is blogging. Im not a huge fan of the term blogger as it sounds just like youre only writing random notes on a website. In reality, owning your own piece of electronic real estate is big money.

I started my own websites 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 going to require work starting out. That route to $5,000 a month didnt happen overnight but just like real estate development, it build an asset that now creates constant cash flow if I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that will continue to send visitors 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 within the last four years from how to boost traffic to the easiest ways to earn money so be sure to subscribe to the channel so that you dont miss it when it comes outthere. .

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The biggest secret to success in this passive income source however, is to simply 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 begin your website for less than $5 per month with Blue Host and spend just 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 special offer by Blue Host below. Dont wait until you need the extra money to begin 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 big enough to replace your job, a grand per month is still pretty nice for a mainly passive income source. .

I talked about this next passive income idea in a recent video on the five investments that let me make money while stocks were crashing. Bear in mind that, back in February when the stock exchange plunged 10% within 2 months I came out ahead because I'd property crowdfunding and p2p lending to smooth out my portfolio. .

Want to get started in property investing Check out this movie where I show the four keys I learned over 20 years as a real estate investor. Four steps to take that can guarantee your success! Watch the video here 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 asset has created as much long-term prosperity as land.

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 land types and in different regions to protect from those dangers when you've got all of he has a good point 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 like a real estate investment trust in that it retains a collection of possessions but 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 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 who have acquired or managed over $5.4 billion in land and across all property types.

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