Open Question: How do i develop an unmanaged recurring income from investments?

I am 22 years old and i would like to start making investments to yield an income from the stock market. Is it possible for me to start investing now and develop a recurring income from the stock market? If so how long might it take if i were to say invest in 5 to ten shares of companies like wal-mart, mcdonnalds, microsoft. and such. im looking to spend $250-$500 a month at first. I dont want to become a millionaire but i do want to make somewhere around $35,000 a year. What are my best options to get in to the stock market? Am i wasting my time?