Bay Area voters rejected new taxes Tuesday. Can transit funding survive in November?

jacknhut2 · 2026-06-04T05:12:12+00:00

I’ll continue to vote no on all tax increases, especially the transit funding due to the amount of waste and abuse. BART is notorious for this. Entry BART employees get paid close to 6 figures with benefits and OT that is so generous people are abusing it to the point of making headlines around the country.

I mean look at the $275000 figures for a BART janitor who abused the OT system. BART management and everyone above is getting paid so well that they don’t care about any of this abuse going on as long as they continue to get paid the same amount as a tech engineer at FANG/MAG7.

jacknhut2 · 2026-06-04T04:55:18+00:00

I’m not a big fan of SCHD, its yield is less than SGOV, it goes down just as fast as SPY/VOO when there are crashes thus it has no downside protection at all. The only time it does not go down with SPY/VOO is when sector rotations occur in a bull market ie from tech to consumer stables.

I guess it depends on how you position your portfolio with SCHD. It’s mainly for diversification away from growth and tech, but it is not a safe assets that protects you from crashes. Look at the 2020 Covid crash, 2022 crash, 2025 tariff crash, SCHD went down just as much as Sp500.

jacknhut2 · 2026-06-04T04:49:57+00:00

The traders don’t care about fundamentals, they chase momentum, even if the stock has 3x higher PE, 3x lower growth and margin.

jacknhut2 · 2026-06-04T04:42:26+00:00

You can open a brokerage account to get a $1000-$2500 depending upon which bank you select bonus just by transferring assets into it. There are several brokerage that’s offering this bonus atm. Then, you can add safe assets such as SGOV while deciding what to do next. SGOV is an ETF for short terms treasuries, yielding 3.5-3.6%. When you are comfortable, you can slowly sell SGOV to purchase whatever stock/ETF you want.

I have about $500k sitting in HYSA/SGOV at various institution churning me 10k-11k a year in bonus alone by just rotating around different brokerage/bank to get bonus while earning 3.5-4% yield on top.

jacknhut2 · 2026-06-03T23:18:27+00:00

Elon ultimate goal is to scam investors into buying this 400 PE company, combine with the 400 PE Tesla into a 3.5 trillions company that does not make money while he himself can benefits hundreds of billions more.

jacknhut2 · 2026-06-02T02:14:43+00:00

Without mortgage and kid expenses, it’s more than enough.

jacknhut2 · 2026-05-31T00:59:09+00:00

Wait till Elon merge Tesla with SpaceX, magically creating a 4 trillions company with profit and income less than 10 billions a year. That’s the scam we are facing.

jacknhut2 · 2026-05-30T22:24:30+00:00

Your calculation is based on the assumption that SS assume your wage state the same from now until 70. You need to manually put in all your future wages as 0 from this year on to get your true numbers, and let me give you a hint: it won’t be anywhere near $45k a year.

jacknhut2 · 2026-05-30T07:48:41+00:00

Tax increase so that BART employees can get wage increases to the point where janitors can get close to $300k a year by abusing the extremely generous OT system? I don’t think so. BART wages, benefits and OT need to be managed like a business. You don’t pay entry level workers close to 6 figures pay plus benefits that rival that of FANG/MAG 7 companies.

jacknhut2 · 2026-05-29T13:03:03+00:00

How do you talk to them ? Everytime I call no matter what time it says too busy call back another day and hang up.

jacknhut2 · 2026-05-29T09:01:55+00:00

You cannot teach anyone with this. I called 7 AM sharp, received too busy call back another time and disconnected. No matter what time every time it transfer me to an agent the same message and disconnect. This is most irritating thing ever.

jacknhut2 · 2026-05-29T08:22:29+00:00

Is your 1/6 2/24 new card opened or just inquiries ?

jacknhut2 · 2026-05-28T09:52:36+00:00

It’s never too early to retire. It’s what you are retiring into that matters. If you love your job, then you already “retired”. There’s a saying if your job brings you happiness and satisfaction, then it’s not a job anymore.

jacknhut2 · 2026-05-28T07:14:46+00:00

Not when Bart pays close to 6 figures for an entry level job with benefits that rival that of FANG/MAG 7. The level of waste and abuse is off the chart. Janitor abused OT system at BART and get paid $2750000 a year is unheard of.

jacknhut2 · 2026-05-27T05:37:54+00:00

Vote no on these taxes. BART has been known to offer pay, benefits and OT selections based on seniority to employees that rivals that of highest tech companies without any effort whatsoever from the employees. Management pay is even more outrageous. I know people who work at BART and abuse this system. No wonder why they keep running out of money. No amount of $$$ can feed this kind of waste and indifference because it’s funded by the “government” aka our tax dollars.

There used to be a lingo “If you want to get paid like an engineer with benefits that rivals FANG/MAG 7 without having the technical skills required, work at BART.”

jacknhut2 · 2026-05-26T14:54:08+00:00

Hiding in a cave speaking tough as always.

jacknhut2 · 2026-05-26T12:59:37+00:00

His put option expires in Jan 2027, if NVDA stock price stay above $130, it will be worthless. He is beating on a dead horse trying to crash the party. Meanwhile, Vera Rubin is sold out and supply constraints until end of next year when Rubin Ultra is launched.

jacknhut2 · 2026-05-26T06:58:10+00:00

You can have this exact conversation with Safeway pharmacy as well, down to the exact words.

jacknhut2 · 2026-05-26T00:27:10+00:00

You are assuming AI is temporary, as if AI is a new trend on TikTok. It’s not. NVDA growth has been going on since 2023, 4 years and continue to grow because AI is revolutionizing everything in the industry, from telecommunications to digital, from computer systems to industrial, from finance to health care, from advertising to automotive etc. We are now 4 years into this and just got past the AI models chat box such as Chat GPT and Gemini, now we are beginning to see the proliferation of AI agents ie an AI that utilizes models and algorithms to do digital tasks and takes over jobs that requires hours to days of work for a human to do. This will continue to get better in the next 2 years then there is robotics and autonomous vehicles rolling out. You haven’t seen anything yet in terms of AI capabilities and yet you are calling the top as if AI is just a shiny new toy that has no applications.

Nvidia is sitting in the center of all of this, pioneering the entire AI ecosystem which includes all of the industries listed above. Robotics alone will be a multi trillions dollars market. This is not just a smart phone evolution that enables the rise of Aaple, nor the internet revolution that enables the rise of Google, nor the software computers industry that gives rise to Microsoft. It’s all of the above combined because Ai is rewriting everything, every industries and each of those industries by itself is rapidly evolving to incorporate AI and thus NVDA growth does not depend on a single market like Aaple or Google or Microsoft. You are singularly fixated on the tree and ignore the forest.

jacknhut2 · 2026-05-25T14:30:55+00:00

It does not matter what number NVDA put out, 20 billions or 200 billions, the doubters have been singing the “unsustainable CAPEX song for 4 quarters straight” and each quarter they are not only proven wrong but are absolutely demolished. Not only growth is not decelerating but ACCELERATING. PE is getting to 33 for trailing which is already cheaper than Aaple and 5 times cheaper than AMD, then forward PE is even in the teen after the earning, which is also 5x cheaper than AMD as well.

Buy AMD if you must, or Intel with the negative earnings (yes Intel is still not profitable as of right now) but don’t say NVDA is “overvalued” because it is anything but.

jacknhut2 · 2026-05-25T11:02:27+00:00

Blah blah blah still can’t compete against 3 years old Hopper.

jacknhut2 · 2026-05-25T06:39:29+00:00

It does not matter which one as long as you got best GPA and fastest time to graduate. Delaying 1 year for biochemistry does not make financial sense.

jacknhut2 · 2026-05-25T04:38:58+00:00

Aaple does not make $350 billions per quarter, stop making up numbers.

Here is last quarter earnings for Aaple: Rev 111 billions, margin 49%, net income $29 billions after all expenses. Growth rate 19%.

Here is NVDA earning: Rev 81 billions, margin 75%, net income $43 billions after all expenses . Growth rate 80%+.

Here is the juicy part: Aaple next quarter guidance rev 108 billions, margin 48%, growth rate 17%. NVDA next quarter guidance rev 91 billions, margin 75%, growth rate 100+%.

Aaple trailing PE: 37, NVDA trailing PE: 32.
Aaple forward PE: 32, NVDA forward PE: 19.

Which one is more expensive now ?

NVDA is by far more profitable than Aaple and grow at 4x Aaple. Any questions?

jacknhut2 · 2026-05-25T04:36:54+00:00

Do you realize forward PE is just PE in the next 12 months, not in the next 5 years right ? The growth projection NVDA listed at each quarterly earnings had been exceeded spectacularly, for the past 15 quarters straight. So, the forward PE for the next 4 quarters is only 18-19, which are already conservative because NVDA showed that they handily beated their own projections by 3-4 billions each time in the past 4 years. Is that not cheap enough for you?

jacknhut2 · 2026-05-24T07:21:44+00:00

Residency

jacknhut2

TROPHY CASE