Jack Crivici-Kramer

speaker
7,119 appearances 168 recordings 1 series first heard Jan 2025 last heard 4d ago

Jack Crivici-Kramer’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
21 · Jul OctJan 26AprJulnow

Recordings per month over the last 12 months — 145 in all, peaking in Jul 2026 with 21.

Appearances

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you money.
For those wondering, the estimated property tax on this $88 million home?
What is it, Jack?
A hundred grand a month.
Wow, Uncle Sam.
Wow.
So with interest costs like that, why is the first couple of cool cuffing it with a mortgage?
fifty-three million dollars that Jay and Bey didn't put towards their house by borrowing cash instead.
What do they do, Jack?
They probably invested that cash into the stock market where the gains have easily covered the interest rate that they pay on that mortgage.
And that ETF is up twelve point eight percent on average since twenty seventeen.
Almost fifteen percent if you include the dividends you receive.
Nick, let's do some investing to mortgage math.
Hit
They gained almost 15% in the stock market while paying 4.1% interest on their mortgage.
That means they walked away with a 10.9% net stock market gain.
Not too shabby.
There's no guarantee their stocks will grow like they have in the past.
Fair point.
But the SP 500's historical average of 10% growth per year easily beats the 4.1% interest on their mortgage, netting them out at an expected 5.9% per year.
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