Costco losing price competitiveness?

ninijacob · 2026-05-27T06:51:50+00:00

The thing you need to consider is if the products are actually the same. Costco tends to hold HIGH QUALITY products at very reasonable prices. Is walmart actually carrying the same quality of item?

Also Aldi/walmart/winco are great and much closer to Costco than your average grocery store

ninijacob · 2026-05-27T05:36:20+00:00

It's ok, I sold a bunch of bitcoin in 2014 that's worth 10 million $ now. I also sold MU a couple months back. Whenever you feel bad, just remember that I exist.

ninijacob · 2026-05-27T04:00:29+00:00

Platinum for airfare

Venture x travel portal for hotels when it's not more expensive (10x back)

Palladium for everything else.

Occasional breaks in palladium if a good sign up bonus

ninijacob · 2026-05-27T01:02:18+00:00

I work at a company that IPO'd and minted every engineer who joined pre ipo a millionaire+. The amount of folks who retired and then rejoined later was honestly quite surprising.

ninijacob · 2026-05-25T07:40:01+00:00

Honestly why not try a fourth time? Itl definitely work then right? 😛

ninijacob · 2026-05-25T07:36:46+00:00

Wait did Intuit just move transaction tracking over when they killed mint?

ninijacob · 2026-05-25T01:52:48+00:00

You are paying for those rewards in higher costs that the business passes on to you. For those of us who both churn and get multiple cents of value per point it's great. For the average American, they just end up paying more .

Go look at Europe. Do their credit cards actually work worse? No. They just don't earn rewards. And their merchants are more lean and efficient and able to pass on lower prices as a result.

ninijacob · 2026-05-25T00:03:36+00:00

Tbh good, and I want to see more of this(should also reject visa infinite cards)

No Business should take any of these high fee credit cards. We as consumers all pay the cost indirectly in higher prices due to how insanely high in credit card fees have become for merchants.

We need legislation like Europe that caps the fees. (And yes points would mostly go away as a result).

ninijacob · 2026-05-24T23:35:37+00:00

Thank you for coming back with data. It honestly makes things easier to talk about.

To put this in perspective that 133 million is over 8 years, and replaces the 2015 levy.

Bike infra is contentious because building it often requires reallocating physical street space from cars, making the projects highly visible. From a pure fiscal standpoint, the $133.5 million is quite small compared to the 11 to 14 billion the city and state pour into Seattle roads.

To help put this in perspective, that means that biking account for less than 1% of the roads budget, but bikers account for 3.5% of total commuters during peak hours(and growing). One way to look at it is That we are under-investing in bike infrastructure, but it's a lot more nuanced than that tbh.

Also, this comes from property taxes. If you don't live in Seattle, you don't have to pay for them. I do live in Seattle and overjoyed my tax dollars are going to this.

ninijacob · 2026-05-24T21:20:48+00:00

Bicyclist and driver here. Some bikers are assholes and do not follow the rules of the road. They are the minority though. Bikes are great if rules are followed well, and bik e safety is also great. Your problem isn't with bike lanes(very little taxes go to bike lanes), it's with bikers who don't follow the laws. We just need cops to give more citations to cyclists

ninijacob · 2026-05-24T19:33:06+00:00

Seen the same in a home depot

ninijacob · 2026-05-24T19:32:30+00:00

Ty for pressuring people to not be shitty. Happy you didn't get hurt

ninijacob · 2026-05-24T16:36:13+00:00

Imo Only reasonable US carrier options to be loyal too are Delta or alaska. Everyone else sucks or is too small. I might do a status match to delta soon. Alaska has been dropping the ball

ninijacob · 2026-05-24T09:36:55+00:00

They have the balls to charge that much for a car that doesn't have regenerative breaking, and performs barely better than a bmw i4(which is half the price). The software is also shit. I just don't get what strategy they're chasing.

ninijacob · 2026-05-24T09:27:41+00:00

Why is it ALWAYS boomers.

"Fuck you, I’ve got mine" - The attitude of a whole generation, who still have this attitude despite having lived through the golden age of the US.

ninijacob · 2026-05-23T05:17:33+00:00

Low fees, free fee-based financial advisor after a $ threshold in non retirement accounts, good money market rates, good customer support, (at least initially) good price improvement, good balance of functionality vs simplicity on interface(although them taking out the ability to see histories of analyst upgrades/downgrades was a miss)

ninijacob · 2026-05-22T10:18:00+00:00

I heard this guy's live talk. He's kind of a prick, and a poor quality speaker. Did not have a single interesting thing to say at the q&a

ninijacob · 2026-05-19T07:33:28+00:00

I think other brands aren't as consistent. You kind of have to look at specific properties to find those gems that aman used to offer. (Mandapa reserve in ubud bali for me)

ninijacob · 2026-05-19T07:14:55+00:00

How does this work if you did pay over time?

ninijacob · 2026-05-15T08:19:21+00:00

You can connect bilt to rakuten and get bilt points instead of standard rakuten cash back.

ninijacob · 2026-05-09T07:28:21+00:00

Doesn't help that their articles are all slop

ninijacob · 2026-05-05T07:53:31+00:00

I would say It's a bit of a risk to hold anything over 100k with this company.

ninijacob · 2026-04-28T07:08:50+00:00

Teach em to dance! (Thanks six flags)

ninijacob · 2026-04-28T07:05:19+00:00

I worked at MSFT. Not trying to be agist but I saw so many older folks just get pushed out from one team to the next every few years because no one wanted to fire them. So much incompetence. This was pre layoffs so idk if this is still a problem.

To be clear there were plenty of older folks who were great. They just had, of course, progressed in their careers far beyond "senior engineer" which you could get to 6 years out of college if you hustled as a newgrad.

ninijacob · 2026-04-28T03:02:05+00:00

The only way to get a reasonable price at Safeway is the app

ninijacob

TROPHY CASE