When it comes to investing in ASX shares, you could do a lot worse than listen to the advice of the Oracle of Omaha, Warren Buffett.

Over almost six decades now, the legendary investor’s Berkshire Hathaway (NYSE: BRK.B) business has smashed the market with some mind-boggling returns.

In fact, Buffett’s most recent letter to shareholders reveals that the conglomerate’s book value per share has grown by an average of double the stock market return since 1965.

And that’s not because the stock market has delivered pitiful returns. Far from it! The S&P 500 index has generated an average return of 9.9% per annum since 1965. It’s just that Buffett has found a way to achieve a return of 19.8% per annum over the same period.

So, what’s the secret to Buffett’s success? Well, the good news is that there isn’t a secret and anyone can follow his investment style.

Investing like Buffett with ASX shares

While Buffett is well-known for loving a bargain, his focus is more on quality than how cheap something looks. He once explained:

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

But what makes a company wonderful and how can we find ASX shares with these qualities?

Buffett believes sustainable competitive advantages, or moats, are of the utmost importance when investing. In his 2007 letter to shareholders, he explained:

A truly great business must have an enduring ‘moat’ that protects excellent returns on invested capital. The dynamics of capitalism guarantee that competitors will repeatedly assault any business ‘castle’ that is earning high returns.

Therefore a formidable barrier such as a company’s being the low-cost producer (GEICO, Costco) or possessing a powerful world-wide brand (Coca-Cola, Gillette, American Express) is essential for sustained success. Business history is filled with ‘roman candles’, companies whose moats proved illusory and were soon crossed.

Where to find moats on the ASX?

There are a number of ASX shares that have moats. These include toll road operator Transurban Group (ASX: TCL), realestate.com.au owner REA Group Limited (ASX: REA), and biotherapeutics giant CSL Limited (ASX: CSL).

There’s also the Buffett-inspired VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT) to consider, which only invests in companies with moats.

And if you need any more proof that following Buffett’s advice could be the smart thing to do, you only need to look at this ETF’s returns. Over the last decade, the index it tracks has generated an average return of 18.64% per annum.

That would have turned a $10,000 investment into approximately $55,000 over the 10 years.

The post I’d listen to Warren Buffett to grow my wealth with ASX shares appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Berkshire Hathaway and CSL. The Motley Fool Australia has recommended Berkshire Hathaway, REA Group, and VanEck Morningstar Wide Moat ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Last week saw a number of broker notes hitting the wires once again. Three buy ratings that investors might want to be aware of are summarised below.

Here’s why brokers think investors ought to buy them next week:

Aristocrat Leisure Limited (ASX: ALL)

According to a note out of Morgans, its analysts have retained their add rating and $43.00 price target on this gaming technology company’s shares. The broker was pleased with the company’s investor round table event and came away from the event as bullish as ever. It highlights Aristocrat’s superior capitalisation and strong ability to invest in the development of its land-based and digital gaming businesses. The Aristocrat share price ended the week at $37.20.

Liontown Resources Ltd (ASX: LTR)

A note out of Bell Potter reveals that its analysts have retained their speculative buy rating on this lithium developer’s shares with an improved price target of $3.35. Its analysts believe that Albemarle’s takeover approach speaks to the quality of Kathleen Valley and the scarcity of growth opportunities in the sector. And while the broker feels the offer was reasonable, it doesn’t believe it was full. The Liontown share price was fetching $2.58 at Friday’s close.

Premier Investments Limited (ASX: PMV)

Analysts at Macquarie have retained their outperform rating on the retail conglomerate’s shares with an improved price target of $30.50. Macquarie was impressed with Premier Investments’ half-year results, noting that its earnings came in well-ahead of its expectations. In light of this strong performance, the broker has bumped its earnings estimates higher and lifted its valuation accordingly. The Premier Investments share price ended the week at $26.09.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

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More reading

• These ASX 200 lithium shares could be takeover targets: Morgans
• These were the best performing ASX 200 shares in March
• Liontown share price climbs as Albemarle continues loading up
• Attention lithium investors: This ASX 200 mining billionaire says Australia could become a battery chemical manufacturing powerhouse
• Best ASX lithium share to buy: Liontown Resources vs. Pilbara Minerals

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Premier Investments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Are you looking for dividend shares to buy for passive income? If you are, then it could be a good idea to check out the two listed below that Morgans rates highly.

Here’s what the broker is saying about them:

Aurizon Holdings Ltd (ASX: AZJ)

The first ASX dividend share that Morgans is tipping as a buy is Aurizon.

It is Australia’s largest rail freight operator, connecting miners, primary producers, and industry with international and domestic markets via its extensive national rail and road network.

With its shares trading within touching distance of their 52-week low, Morgans sees a lot of value in them at present. The broker commented:

We are not yet convinced that the capital AZJ is deploying into the lower quality Bulk business (both One Rail Bulk acquisition and growth capex) to diversify its operations away from coal exports and tap into new growth avenues will deliver appropriate risk-adjusted returns over time. Nonetheless, we see value in the stock at current prices, supported by the far higher quality Network and Coal haulage businesses. ADD retained.

As for dividends, it has pencilled in partially franked dividends of 17 cents per share in FY 2023 and then 19 cents per share in FY 2024. Based on the latest Aurizon share price of $3.36, this will mean yields of 5% and 5.65%, respectively.

Morgans currently has an add rating and $3.81 price target on its shares.

HomeCo Daily Needs REIT (ASX: HDN)

Another ASX dividend share that Morgans has named as a buy is HomeCo Daily Needs.

It is a property investment company with a focus on properties that serve daily needs. These are metro-located, convenience-based assets across neighbourhood retail, large format retail, and health and services. basis.

The broker believes the company is well-placed for the future thanks to its development pipeline. It commented:

HDN offers investors exposure to a portfolio of daily needs assets with its large development pipeline to provide both near-term and future growth opportunities. FY23 guidance was reiterated; metrics stable across the $4.7bn portfolio; and cap rate expansion was offset by property income growth. Looking ahead, the focus also remains on recycling assets and the development pipeline which has been boosted to +$600m from +$500m.

As for dividends, the broker is forecasting dividends per share of 8.3 cents in FY 2023 and 8.4 cents in FY 2024. Based on the current HomeCo Daily Needs share price of $1.16, this will mean dividend yields of 7.15% and 7.25%, respectively.

Morgans has an add rating and $1.50 price target on HomeCo Daily Needs’ shares.

The post Buy these ASX dividend shares next week for passive income: broker appeared first on The Motley Fool Australia.

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• Buy NAB and this ASX passive income share: analysts

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Aurizon. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Westpac Banking Corp (ASX: WBC) share price was out of form in March.

Australia’s oldest bank’s shares lost almost 4% of their value during the month.

Why was the Westpac share price sold off last month?

The Westpac share price was caught up in a broad selloff in the banking sector last month after rising interest rates inadvertently caused the sudden collapse of a number of international banks.

Among the casualties were Silicon Valley Bank and Signature Bank in the United States and Credit Suisse in Europe.

And while the crisis has not spread to Australia, that didn’t stop investors from reducing their exposure to the big four banks and regional players.

But every cloud has a silver lining. That silver lining is that investors will be able to buy Westpac shares in April at a meaningful discount to what they would have paid a month earlier.

This is something that analysts at Goldman Sachs are recommending investors do.

Goldman says buy Westpac shares

In response to the banking crisis, Goldman has done a health check on the Australian banking sector and given it the all-clear. The broker commented:

We remain confident in the health of the banking sector in Australia given: i) a single, national regulator, with most of the Australian listed banks subject to the Liquidity Coverage Ratio (LCR), ii) balance sheet mix, which sees only a relatively small part of their balance sheets in a marked-to-market environment, iii) Australian bank regulatory capital positions are MTM for the impact of rate rises, and iv) strong capital positions, with fully-loaded CET1 ratios at close to 18%.

In light of this, the broker has reiterated its conviction buy rating and $27.74 price target on the bank’s shares. Based on the latest Westpac share price of $21.66, this implies potential upside of 28% over the next 12 months.

The post Why was the Westpac share price sold off in March? appeared first on The Motley Fool Australia.

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• Does the Westpac share price fall make it a no-brainer buy?
• Guess which ASX 200 bank stock UBS says is the most over-priced right now
• ASX 200 bank stocks: ‘No different’ or ‘extremely strong’?
• Bendigo Bank shares worst of the ASX 200 banks following UBS downgrade
• Morgans says these are some of the best blue chip ASX 200 shares to buy now

Motley Fool contributor James Mickleboro has positions in Westpac Banking. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Westpac Banking. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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It certainly was a massive week for ASX 200 lithium shares. Investors were piling back into the industry after Liontown Resources Ltd (ASX: LTR) revealed that it had received and rejected a takeover proposal from lithium giant Albemarle at a huge premium.

The good news for lithium investors is that one leading broker believes the mergers and acquisitions (M&A) activity may not be over.

According to a note out of Morgans, its analysts have picked out two more lithium miners that it believes could soon become takeover targets along with Liontown.

Which ASX 200 lithium shares could be takeover targets?

Morgans believes that Allkem Ltd (ASX: AKE) and Pilbara Minerals Ltd (ASX: PLS) could be takeover candidates. It explained:

We see potential for both PLS and AKE to also be considered attractive targets. PLS offers exposure to high quality hard rock while AKE is much cheaper on a resource multiple.

And while the broker also sees Mineral Resources Ltd (ASX: MIN) as an attractive option, it feels a takeover is less likely “given its existing relationships with ALB and Jiangxi.”

It is a similar story for fellow ASX 200 lithium share Core Lithium Ltd (ASX: CXO), which the broker believes is less likely to become a target due to “the smaller resource size, higher EV / resource and likely higher cost operations.”

Why Allkem and Pilbara Minerals?

Morgans sees Pilbara Minerals as a top option due to its globally significant resource and ability to provide an acquirer with immediate exposure to spodumene and hydroxide. It commented:

We’d flagged LTR as a potential target but it’s not the only one. PLS remains one of the few independent lithium producers with a globally significant resource. With assets in operation it would offer an acquirer immediate exposure to spodumene and hydroxide.

As for Allkem, Morgans believes it would be a good target due to its large resource base. However, it concedes that the company is unlikely to be seen as a target for a miner that already has exposure to Argentina. It explained:

AKE is also potentially a target and holds a much larger resource base than PLS. However, the majority of its resource is in Argentina in lithium brines which are typically used for carbonate rather than hydroxide. We think both chemicals will be important over the long run but potential acquirers with pre-existing South American brine exposure may see fewer diversification benefits.

Time will tell what happens, but it certainly is an interesting time for ASX 200 lithium shares.

The post These ASX 200 lithium shares could be takeover targets: Morgans appeared first on The Motley Fool Australia.

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• These were the best performing ASX 200 shares in March
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• Brokers name 3 ASX shares to buy now
• Liontown share price climbs as Albemarle continues loading up

Motley Fool contributor James Mickleboro has positions in Allkem. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The S&P/ASX 200 Index (ASX: XJO) stock Telstra Group Ltd (ASX: TLS) could be a smart choice for dividend investors looking for passive income.

Telstra has long been regarded as an ASX dividend share by some investors.

Whilst it has paid a high dividend yield for a long time, I’ve been cautious about businesses that aren’t growing their earnings because it could mean that a dividend cut occurs. Telstra ended up cutting its dividend in FY18 and FY19.

But, pleasingly, dividend growth has returned to the telco, and it appears likely to continue.

With that positive outlook for passive income, I think the business could be a good one to consider for a contender to generate $400 in monthly passive income.

Telstra’s potential to pay good passive dividend income

The ASX telco share doesn’t pay a dividend each month, it actually pays one every six months. So, for our purposes, we’re going to calculate an annual amount which can then be divided into 12 equal parts.

Receiving $400 per month would translate into $4,800 of annual passive dividend income.

That’s quite a lot of dividends.

But, it helps that Telstra has a pretty high projected dividend yield for FY23 and beyond.

According to Commsec, Telstra shares are expected to pay an annual dividend per share of 17 cents. At the current Telstra share price, that represents a grossed-up dividend yield of 5.75%.

Based on trying to receive of $4,800 of annual income, investors would need to buy 28,236 Telstra shares.

The telco is then expected to grow its dividend to 18 cents per share in FY24 and then another increase to 19 cents per share in FY25.

If Telstra does keep increasing its dividend to FY25, then investors would need to own 25,264 shares to gain $4,800 of annual passive dividend income in FY25.

Will these payments happen?

Dividends are not guaranteed. Forecasts are just estimates, so the dividend payments could be smaller, or bigger, than expected.

Telstra is working on a number of initiatives to grow its profit in the coming years with its T25 strategy. It wants to reduce its costs, have the best 5G network and grow its margins for investors.

If the company is able to achieve these things, then I think the dividend can keep steadily climbing.

The post For $400 in monthly passive income, buy 28,236 shares of this ASX 200 stock appeared first on The Motley Fool Australia.

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• The latest Telstra dividend is being paid today. Here’s the lowdown
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• Here are the 3 most heavily traded ASX 200 shares on Thursday
• 2 ASX 200 stocks smashing new multi-year highs on Thursday
• Why did the Telstra share price just hit a multi-year high?

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Telstra Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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It certainly was a tough month for the ANZ Group Holdings Ltd (ASX: ANZ) share price.

During the period, the banking giant’s shares lost 7% of their value to end at $22.93.

This was notably worse than the performance of the ASX 200 index, which dropped 1.1% in March.

What happened to the ANZ share price?

The weakness in the ANZ share price was driven by the sudden collapse of a number of international banks. This includes Silicon Valley Bank and Signature Bank in the United States and Credit Suisse in Europe.

Investors appeared concerned that the crisis could spread to Australia and quickly reduced their exposure to the banks. That’s despite the big four banks being some of the safest in the world based on their capital positions and liquidity.

Is this a buying opportunity?

One broker that is likely to see this pullback as a buying opportunity is Citi.

That’s because its analysts recently named ANZ as their top pick in the banking sector. The broker commented:

ANZ’s 1Q23 disclosures exhibited strong trends in both lending growth and asset quality. No earnings disclosure was provided, but we think that after backing out RWA movements from capital, it comfortably implies above market earnings, although subject to movements in deductions/reserves.

Despite fears of deteriorating asset quality, impaired assets declined again in the quarter, although this could be the bottom as seasonally mortgages and personal credit arrears tick higher in the March quarter. Institutional lending momentum continued and accelerated in the Dec qtr, which we expect was driven by more available liquidity and pricing vs debt markets.

ANZ remains our top pick in the sector, and we expect the lending momentum, particularly in institutional, to continue to differentiate vs peers.

Citi has a buy rating and $29.25 price target on the bank’s shares. Based on the current ANZ share price, this implies potential upside of almost 28% for investors over the next 12 months.

In addition, it is expecting a fully franked 7.3% dividend yield this year, sweetening the deal even further!

The post Why did the ANZ share price crash 7% in March? appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The S&P/ASX 200 Index (ASX: XJO) was out of form in March. Due largely to weakness in the banking sector, the benchmark index fell 1.1% to 7,177.8 points.

But that couldn’t stop some ASX 200 shares from delivering very strong returns last month.

For example, the four shares listed below were the strongest performers on the index over the period. Here’s why they smashed the market:

Liontown Resources Ltd (ASX: LTR)

The Liontown share price was the best performer on the ASX 200 in March with a stunning gain of 89.7%. This was driven by news that the lithium developer received and rejected a non-binding takeover proposal from industry giant Albemarle. Management labelled the offer as “opportunistic.” So, with Liontown’s shares now trading beyond Albemarle’s $2.50 per share offer, it seems that investors are betting on an improved proposal being made in the near future.

United Malt Group Ltd (ASX: UMG)

The United Malt share price was on form and raced 33% higher last month. This was also driven by a takeover approach. However, on this occasion, the maltster was receptive of the approach and revealed that it would accept the $5.00 per share offer from rival Malteries Soufflet if it became binding.

Capricorn Metals Ltd (ASX: CMM)

The Capricorn Metals share price was a strong performer and rose 25.6% last month. Investors were buying the gold miner’s shares after the price of the precious metal surged to almost US$2,000 an ounce. This was driven by increased demand for safe haven assets due to the banking crisis and optimism that interest rates won’t rise as much as previously expected.

InvoCare Limited (ASX: IVC)

The InvoCare share price wasn’t far behind with a gain of 24.4% in March. This funerals company was another takeover target, receiving an unsolicited, preliminary, non-binding indicative offer from private equity giant TPG. It offered to acquire 100% of InvoCare’s issued shares for $12.65 cash per share. However, the company’s board was not biting and informed TPG that its offer “does not provide compelling value for InvoCare shareholders.”

The post These were the best performing ASX 200 shares in March appeared first on The Motley Fool Australia.

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• Here are the top 10 ASX 200 shares today
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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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It’s been an exciting few days for ASX lithium shares, with news of the surprise takeover offer from global giant Albemarle for Liontown Resources Ltd (ASX: LTR) on Tuesday pushing every lithium share north.

None more so than Liontown, with its share price up by 67% in just four days.

But one expert is reminding investors that it takes more than just lithium to make an electric car battery.

He says another way to leverage the “mega-trend of vehicle electrification” is through ASX graphite shares.

Graphite almost as important as lithium, says expert

Westpac Banking Corp (ASX: WBC) hosted a webinar this week on the future of lithium investment.

Among the speakers was Matthew Frydman, a senior research analyst specialising in metals and mining at MST Financial.

Frydman said there was a “j curve of adoption for electric vehicles”, and this would be a long-term trend benefitting several commodities.

MST Financial presented a chart sourced from Mineral Resources Ltd (ASX: MIN) showing that global sales of EVs are expected to rise from 11 million as of 2021 to more than 60 million by 2030.

Australia aims to have 3.8 million EVs on the roads by 2030.

Frydman said even though lithium commodity prices were falling, the medium-term outlook for Australia’s established producers was ‘still very favourable‘.

But he also said lithium wasn’t the only commodity that would benefit from the EV megatrend.

While lithium is a well-known key component of EV batteries, with 40kg to 50kg of the carbonate variety used per car, Frydman said graphite was “almost as critically important to the chemistry of the battery”.

He explains:

Lithium is really important to the cathode side of the battery, graphite is absolutely critical to the anode component — the other half of the battery.

Graphite, like lithium, will be a rapidly growing market … and really, globally, there’s probably not too many widely-known grapite projects that are out there in the common knowledge.

2 ASX graphite shares that could be worth a look

Frydman said there were two ASX graphite stocks worth mentioning for Australian investors interested in leveraging the EV trend.

Firstly Syrah Resources Ltd (ASX: SYR). They have the biggest natural graphite deposit in the world in Balama in Mozambique. That was a mine which was developed a number of years ago and is currently producing [and is] really a stand-out in terms of the size and scale and quality of that deposit.

Balama and Syrah will be absolutely critical to supplying the market’s graphite needs in coming years.

The Syrah Resources share price closed on Friday at $1.84. It is up 8.9% over the past year.

The second ASX graphite stock Frydman highlighted was Black Rock Mining Ltd (ASX: BKT).

He said:

They have a very large and reasonably high grade deposit that they are developing in Tanzania and they’re quite advanced relative to the peer group and potentially will form part of that supply solution for graphite in the coming years. 

The Black Rock share price closed on Friday at 14 cents. It is down 48% over the past year.

Graphite market at a turning point

At an industry event in November last year, Andy Miller, COO of Benchmark Mineral Intelligence, said the mined and synthetic graphite market was at a turning point (courtesy mining.com).

Benchmark predicts that graphite demand will grow at an annual compound rate of 10.5% over the next 10 years, but supply will only expand by 5.7% per annum.

Benchmark’s Natural Flake Graphite Forecast tips the battery industry will consume two-thirds of the world’s flake graphite by 2025, increasing to 79% in 2030.

Graphite has traditionally been used in steel-making.

The post It ain’t all about lithium: 2 other ASX shares exposed to the EV trend appeared first on The Motley Fool Australia.

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Motley Fool contributor Bronwyn Allen has positions in Westpac Banking. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Westpac Banking. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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When you first start investing in ASX shares, it can be very intimidating. Going from zero to something material may seem like an impossible task, but history shows that it most certainly isn’t.

Furthermore, you don’t even need to generate Warren Buffett-style returns to make your wealth creation dreams a reality. Simply matching the market return has created significant wealth for investors in the past. And while I can’t guarantee that it will be the case again in the future, I’m optimistic that it will be.

With that in mind, let’s take a look at one possible investing route to earning $1,000 a month in passive income from ASX shares.

How to earn $1,000 a month from ASX shares

Firstly, if you want to earn $1,000 a month in passive income, you’ll need to pull in a total of $12,000 in dividends from ASX shares each year.

It’s quite easy to find ASX shares that offer investors 5% dividend yields. In fact, the Vanguard Australian Shares High Yield ETF (ASX: VHY) will do this for you (and some more) through a single diversified investment.

Based on this yield, to generate $12,000 of passive income a year, you’ll need to invest approximately $240,000.

Ouch!

That’s a big number if you’re starting at zero. But don’t let that put you off making it a longer-term goal.

According to the latest Berkshire Hathaway (NYSE: BRK.B) letter to shareholders, the S&P 500 Index (INDEXSP: .INX) on Wall Street has delivered an average annual return of 9.9% since all the way back in 1965.

Were ASX shares to generate this level of return for the foreseeable future, you could make your way to the $240,000 sooner than you think without breaking the bank.

For example, investing $500 into ASX shares each month would get you almost halfway there to $100,000 in 10 years if you earned the market return. And thanks to the power of compounding, it won’t take anywhere near as long to make up the rest.

A further six and a half years, so a total of 16.5 years, would see your portfolio grow to the target amount of $240,000.

At that stage, you could build a portfolio or buy an exchange-traded fund (ETF) with a 5% yield and sit back and watch the dividends roll in.

The key is being patient and sticking to the plan, whatever is happening in the market.

The post One possible investing route to earning $1,000 monthly passive income appeared first on The Motley Fool Australia.

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More reading

• Want $1,000 of passive income? Check out these ASX shares
• 3 ASX dividend ETFs to make nice income
• Market beating returns and big yields: 2 ASX ETFs to buy next week
• Buy this ASX ETF for retirement income
• Is a dividend ETF really better than an ASX index fund for income?

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Berkshire Hathaway. The Motley Fool Australia has recommended Berkshire Hathaway and Vanguard Australian Shares High Yield ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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