Business
How to generate $50,000 a year from ASX dividends
Earning a passive income of $50,000 a year from the share market is entirely possible for regular investors.
There are a couple of ways to achieve this.
How can you earn $50,000 a year from investing?
If you already have a significant nest egg, then investing your funds into shares with generous dividend yields is the quickest way to do this.
Telstra Corporation Ltd (ASX: TLS) or Westpac Banking Corp (ASX: WBC), for example, offer fully franked forward yields in the region of 5%.
This means that an investment of $1 million in their shares would generate $50,000 in dividends this year.
What if you don’t have a million dollars?
Very few people will be lucky enough to have a million dollars to invest in the share market. But…
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