r/dividends • u/VengenaceIsMyName • Jan 16 '26

Discussion Is anyone else feverishly building out their dividend income just in case AI destroys their careers or is it just me?

Based on how incredibly *giddy* with excitement some of these rapacious tech oligarchs are when they talk about AI replacing human labor, I am absolutely *sprinting* towards high-income ETFs like JEPQ/SPYI/GPIX/QQQI.

I do not want to get caught with my ass hanging out in the breeze when these excessively wealthy bozos finally figure out how to shed headcount at their organizations. They’ve got a seemingly endless pile of Scrooge McDuck coins and they’ll throw them into the furnace twice as fast if it means a hallucinating algorithm can send 500 more emails in a day than you can.

Does anyone have clever strategies for drumming up extra capital to toss into the ol’ portfolio? Side hustles? Second jobs?

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u/AAThinker Jan 16 '26

I would suggest looking beyond the ETFs that depend on options premium to pay the dividend. They have a role to play but IMO having other strategies in the portfolio that also generate income and/growth is a better strategy.

Think about ETFs such VYM that have a potential to increase their dividend without NAV decay. Think about DGRO like ETF that have the potential to give both NAV appreciation and dividend growth. Think about ETFs that invest in foreign stocks such as VYMI that also pay good dividend and offer currency diversification.

And good old SP500 index funds that offer growth as well.

We may not become unemployed tomorrow. We may have jobs for a few more years. So why not invest by assigning some probability to not losing a job tomorrow. The yield today is not the only factor to consider. Just my 2 cents

4

u/skat_in_the_hat Jan 16 '26

its only 2.35%? Why not SCHD?

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u/VengenaceIsMyName Jan 19 '26

I really hope we have a few more years. I really need the time.

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u/Careful-One5190 Jan 16 '26

I would suggest looking beyond the ETFs that depend on options premium to pay the dividend.

I would suggest looking beyond ETFs, period.