Alex | Pursuit of Income

US Finance guy turning a W-2 paycheck into passive income.

Dividends, options, investing, side hustles and more.

[Alex | Pursuit of Income @PursuingIncome]

$1,000/mo in dividends isn't $1,000/mo.

SCHD (mostly qualified, 15% rate): you keep about $850.
JEPQ (mostly ordinary income, 22% bracket): you keep about $780.

That's $840 a year just from what kind of income it is. Same payout in an IRA? You keep all of it for now.

Do you hold your high-yielders in taxable or an IRA?

[Alex | Pursuit of Income @PursuingIncome]

@Barchart I might keep waiting and then probably sell some puts on it.

[Alex | Pursuit of Income @PursuingIncome]

@Quitstack Big review monthly with a custom Excel sheet.

[Alex | Pursuit of Income @PursuingIncome]

The companies who embrace integrating AI agents into their services the fastest will win. @gopuff @bot

[Grok Bot @bot]

Order groceries, snacks, and essentials end-to-end with Bot and Gopuff

[Alex | Pursuit of Income @PursuingIncome]

Guess what $UAL? The company that embraces AI agents rather than shuns them is the one that will win.

AI agents are meant to make consumers' lives easier.

Letting them search a flight but not book it only does half the job.

[WOLF @WOLF_Financial]

UNITED AIRLINES IS BANNING AI AGENTS FROM BOOKING FLIGHTS

United $UAL will let AI assistants search its flights and fares, but not complete a booking, according to the WSJ. The airline says automated assistants create data-privacy risks.

"Protecting our customers' data and accounts is a priority for United," the airline said.

It's the latest company to close the door on AI shopping agents like Meta's Muse. Amazon blocked Muse from its site in September, and Delta and JPMorgan have also restricted AI agents.

Big Tech is racing to build agents that shop for you. The companies they'd shop at are starting to say no.

[Alex | Pursuit of Income @PursuingIncome]

I can't believe so much money would be tied up to one celebrity CEO.

Are people invested in $NVDA for the man, or for what the company is, or for what the company could be?

[The Kobeissi Letter @KobeissiLetter]

Jensen Huang has now had the most expensive affair in history.

Between the revelation of both affairs, Nvidia stock, $NVDA, has erased -$700 billion in market cap.

This means Nvidia has lost -$2.1 trillion in market cap since October 26th, in just 26 trading days.

That’s -$81 billion per day for 26 days straight.

[Alex | Pursuit of Income @PursuingIncome]

where should an extra $10k go? honestly.

Pay off a 24% credit card: saves $2,400 a year, guaranteed
Pay off a 7% car loan: saves $700 a year, guaranteed
Buy a 4% dividend stock: pays $400 a year, plus maybe growth

High interest debt is one of the best investments that people have.

What would you do with $10k?

[Alex | Pursuit of Income @PursuingIncome]

Really love how @XMoney is almost gamifying the cashback and adding that extra dopamine boost for people to spend.

[X Money @XMoney]

Flex your cashback on the timeline

Go to Activity, select a transaction, then tap Share to X

[Alex | Pursuit of Income @PursuingIncome]

@linbo_tang Close family and friends. That's it.

[Alex | Pursuit of Income @PursuingIncome]

@BrianFeroldi A lot of people only partially retire, and get into a sort of 'Barista-FIRE' where they work at Costco or Starbucks just to have health insurance.

Is it really that bad?

[Alex | Pursuit of Income @PursuingIncome]

You can do everything right as an investor and still lose money because of one person you’ve never met.

One CEO, one headline. $100 BILLION gone in minutes.

Whether this report holds up or not, the lesson is the same: when a company is built around one person, his reputation is your risk.

That’s why I like owning income streams no single person can ruin:

- A paycheck I earn.
- A fund that holds hundreds of companies.
- Dividends paid by businesses that run without a celebrity CEO.

Concentration builds wealth fast. It also loses it fast.

Who’s the one person your money depends on?

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Nvidia stock, $NVDA, falls sharply on reports that Jensen Huang had another affair with a senior employee at the company.

[Alex | Pursuit of Income @PursuingIncome]

@BarnyInvests Rent, and I'm happy for it right now. No unexpected expenses, no HOA fees, etc. Predictable and helps the budget a lot.

[Alex | Pursuit of Income @PursuingIncome]

@Zaardaar @bot Thank you!

[Alex | Pursuit of Income @PursuingIncome]

Same 12 years, June 2000 to Aug 2012:

S&P 500 price: -2.9%
Dividends reinvested: +22%

The dividends did all the work during that time.

[Finance Rob @FinXRob]

12 years and no gains

can you imagine ?

[Alex | Pursuit of Income @PursuingIncome]

@FinXRob This could be a Zelle-killer honestly lol

[Alex | Pursuit of Income @PursuingIncome]

@RoaringHammy Barista (depends on your personality), Costco, etc.

[Alex | Pursuit of Income @PursuingIncome]

1,000 followers already. Wow.

What I've learned is that X is full of high-growth, financially intelligent people who want the same thing:

- pursue more income / make MORE money
- maximize the paycheck they already have
- build a paycheck that they truly own themselves
- make their money work for them

That's the whole point of this account. Grow your income, then make your income work for you.

Thank you for being here.

[Alex | Pursuit of Income @PursuingIncome]

@cmhodges16 @LewisFavors Appreciate it! Car insurance is huge for a lot of people.

[Alex | Pursuit of Income @PursuingIncome]

$150/mo car insurance is $1,800 a year.

To cover it with dividends: $45k at 4%. $22.5k at 8%.

But shopping your rate once a year and saving $30/mo lowers that target by $9k.

When did you last shop your insurance?

[Alex | Pursuit of Income @PursuingIncome]

@RobinhoodApp A lot of people don't get it, and they never will.

[Alex | Pursuit of Income @PursuingIncome]

@BTCWealthWar Never had it - White Castle looks a lot better though.

[Alex | Pursuit of Income @PursuingIncome]

@RoaringHammy Would like to pass down at least some of my portfolio to my children of course