3 steps to build an ASX passive income machine in 2025
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Creating a reliable stream of passive income from ASX shares may seem like an intimidating task, but it doesn’t have to be.
With the right strategy and a disciplined approach, 2025 could be the year you set the foundation for a robust passive income portfolio. Here are three steps to help you get started.
Step 1: Focus on high-quality dividend stocks
The cornerstone of any passive income portfolio is high-quality ASX dividend stocks. These are companies with strong balance sheets, consistent earnings, and a track record of paying (and increasing) dividends over time.
Think ASX-listed giants like Telstra Group Ltd (ASX: TLS) and Coles Group Ltd (ASX: COL), which have demonstrated resilience across…
