Alex | Pursuit of Income

$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?

Thanksgiving is coming up. What's one money habit you're grateful you started?

I've always liked these charts but never preferred investing in too many individual names for dividend growth - too many to keep up with. That's 24 companies to follow. 24 earnings reports a quarter. 24 payout ratios to watch. And it only takes one cut to break the calendar. $AAP is on this list and slashed its dividend 83% in 2023. I'd rather own a few dividend growth ETFs like $SCHD, $VIG and $DGRW and let the index do the screening. Hundreds of companies, and the weak ones get rotated out without me lifting a finger. Getting paid every month is nice. Getting paid more every year is the point.

$120K into SCHD pays about $3,500 a year today. I wonder what that dividend payment will look like after 20+ years of dividend growth and reinvesting. @SCHD_Whale is doing the smart move.

Let's see WAY more competitive credit card offerings in 2027, please. Your current credit cards just aren't good. @SoFi @anthonynoto @CLapointe12 SoFi needs to run their card offerings based on relationship tiers. You already have this set up with differentiating customers through SoFi Plus, and direct deposit vs no direct deposit. Something like this: SoFi Start (replaces Essential) 1% on everything, 1.5% with direct deposit. Starts secured, graduates to unsecured after 6-12 months of on-time payments. For people trying to build their credit. SoFi Unlimited 2% on everything. 2.5% with direct deposit. 3% with direct deposit + $50k in SoFi assets. For anyone who wants one card. SoFi Everyday 4% dining, 3% groceries, 1% everything else. Direct deposit adds 3% on gas and streaming. Built for younger people whose spend is mainly food. SoFi Reserve (new, $295/yr) 3% travel and dining, 2% everything else. 4% / 2.5% with the relationship boost. Fee waived at $250k+ in assets. Aimed at the high earners SoFi already has through student loan refinancing and other products. "Your groceries can pay down your student loans" is a pitch that no other card issuer can make. The card doesn't have to make money on interchange. It feeds the deposits, the assets, and the loans, and those pay for the card. Robinhood runs this playbook really well already. SoFi has the bank, the brokerage, and the lender in one app and isn't using it correctly.

With a mindset like this, achieving your investing goals is inevitable.

Grok Bot @bot found $75 of unclaimed money in my name that I didn't even know existed. My state was just holding it. The claim took a few minutes and the payment is on the way. Search your name on your state's unclaimed property site. It's free, and it's your money.

$2,000 a month in dividends isn't $2,000 a month. If it's taxed at 15%: you keep $1,700. If it's taxed at 22%: you keep $1,560. Same payout. $140 a month, $1,680 a year, just from how it's taxed. Are your income funds in a taxable account or an IRA?

A $70k salary is $5,833 a month before tax. To replace it with dividends: $1.75M at a 4% yield $875k at 8% That's why I grow the paycheck first and let the portfolio catch up. What's your replacement number?

For any investors - it's good to have a travel credit card if you have some travel or vacations. But the REAL investing hack is to maximize your cash back and put it as much as possible into your investments. Let your cash back work for you for the rest of your life.

When can I purchase my autonomous robotaxi fleet? @robotaxi

How about 5% cash back on all H-E-B groceries, instead of just y'all's brand products? @HEB And then I will apply for this credit card.

Excited to get my physical X debit card. I wish that they would come out with a credit card - especially one that competes with Robinhood's card. Make it happen! @XMoney

Can't wait until Grok Bot is being used in everyday companies.

Thanks for all of your support! 🥇 @RoaringHammy 🥈 @StickWithNate 🥉 @loveleesfinance

What it takes to get paid every month by dividends: $500/mo: $150k at 4%, $75k at 8% $1,000/mo: $300k at 4%, $150k at 8% $2,000/mo: $600k at 4%, $300k at 8% $5,000/mo: $1.5M at 4%, $750k at 8% Before taxes. Which line are you working toward?

Time is the biggest asset you have from the start, and a lot of people don't even realize it runs out until it's too late.

Has the AI bubble popped? Or is this just a step backwards while $NVDA looks for new leadership?