Many passive income articles start with the same formula: work out the yield you need, divide your income target by that number, and you are done.
But building a real $50,000 annual income stream from the share market isn’t a neat spreadsheet exercise, it is a journey.
It rarely happens in a straight line, and the smartest investors don’t aim for income first. They build their portfolio up before they take from it.
Here’s a more practical and realistic approach to creating a $50,000-a-year passive income stream from ASX shares.
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Forget income at the beginning
It may sound counterintuitive, but the biggest mistake income investors make is chasing high dividend yields too early. High-yield portfolios…
