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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Nick, you know Jay and Bey aren't everyday investors.
They definitely had access to invest in some sexy startups too, with riskier venture investments that can out earn the 10 to 15% the stock market offers.
Jay-Z was an investor and probably took a huge gain when he sold that music streamer to Square.
Or how about
Do.
You gotta compare your investment opportunity to the interest cost.
And if you like it, you should put a ring on that mortgage too.
But there's one more detail in the fine print that Jay-Z's accountants definitely want you to know.
This is good.
Interest on mortgages is tax deductible.
Cha-ching.
So that four and a half million that they pay in interest on that house every year, it actually reduces how much taxes they have to pay.
Nick, if mortgage math is a song, then the following formula.
is the course.
a limit to how much interest you can deduct that J and Bay absolutely exceeded.
Yeah, they did.
But for regular people, if you itemize, the effective interest rate on your mortgage is probably about one third lower than the number your banker tells you.
mortgage as simply debt.
Think of it like a business.
They would have been better off paying for the house in all cash because the stock market fell 50% in two years.
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