Residual Income In Malta - Passive Residual Income Fundamentals Explained

Residual Income In Malta - Passive Residual Income Fundamentals Explained


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 the 4,000 retailers using a cash back program.

All 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 site so you receive the rest of the discounts and deals they provide, you just get an extra bonus for going via the TopCashBack web site first. .

TopCashBack is a little better with the average money 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 get 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 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 began 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 per month didnt happen overnight but only like property development, it build up an advantage 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'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 over the last four years from how to boost visitors to the easiest ways to earn money so be sure to subscribe Find Out More to this channel so that you dont miss it when it comes outthere. .

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The biggest key to success in this passive income source though, is to just get started. There are variables like site age that play into getting ranked on Google and the sooner you get started, the better.

Residual Income Ideas In Malta Fundamentals Explained3 Easy Facts About Residual Income In Malta - Passive Residual Income Described
You can begin your website for less than $5 per 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 cash to begin your blog. I was making a grand a month off my sites within a year of launching even though your site isnt big enough to replace your work, a grand a month remains pretty nice for a mostly passive income source. .

I talked about this next passive income idea in a recent video on the five investments that helped me earn money while stocks were crashing. Bear in mind that, back in February when the stock exchange plunged 10% within two 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 video where I reveal the four keys I learned over 20 years as a real estate investor. Four steps to take 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 asset 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 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 dangers when you've got 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 like a real estate investment trust in that it holds 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 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 who have acquired or managed around $5.4 billion in property and across all real estate types.

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