Costco – stlplace

Weekend thoughts on stock investing 2026-7-11

Reading Time: < 1 minute

I did some adjustments on my stocks, both in my regular brokerage accounts and IRA (including both regular and Roth IRA accounts) since my China trip. And I wrote a bit here on Twitter/X. Please note I sold $AAP as I believe they are not the best quality stock in the Auto Parts space and in the US stock market.

For Costco, the stock dropped quite a bit this past week after the June same store sales data (Barron‘s, and Costco IR website).

(quote from Barron’s…June sales were a mixed bag. While it reported its highest monthly sales of the year so far in June, same-store sales grew at their lowest rate since February on a year-over-year basis...

My takeaway is we don’t always shop everything at Costco: but buy the quality stock when it dips.

I think this is applicable to $HONA (Honeywell Aerospace) and SK Hynix too. I have a few shares of each. I plan to hold them for long term too. My quick thoughts on them is $HONA is comparable to $GE, while SK Hynix can be compared to Micron $MU. The latter 2 are doing well recently too.

Cash Back Credit Card II: rebate category madness

Reading Time: < 1 minute(Update 07-28-2010) I found Citi® Platinum Select® AAdvantage® World MasterCard® to be interesting. AA actually offers 3 cards: Master Card, American Express or Visa. They has a 30,000 miles promotion as of now. Another card, which is more useful in our daily lives, is the Upromise® World MasterCard® credit card with Dining & Grocery Rewards, offered by BoA. But I think I will go for the Subaru card, for the 3% cash back (Subaru dollars, good at Subaru dealers for purchase or service).

(Original)Costco American Express Card
3% gasoline
3% Restaurant
2% Travel
1% everything else (including Costco purchase)

Discover card
5% gasoline, hotels, movie and theme parks (July 1st to Sept 30). Discover rotates the 5% cash back category every quarter.
1% for everything else (after meeting those $2,000, $3,000 spending requirements, as I said in earlier post)

Citi Dividend Card
Citi Dividend changed its policy from July 1. It no longer offers 2% (3%?) cash back on groceries etc. Instead it’s taking a page from Discover Cash Bonus Card, doing the rotating category thing. For instance, for this quarter (July 1 to Sept 30) it offers 5% for restaurant (needs enrollment).

It offers 1% for everything else.

Citi Professional
3% cash back on gas station, restaurant, office supplies and car rental;
1% on everything else

Summary