Michael Saylor
speaker
2,284 appearances
6 recordings
5 series
first heard Nov 2024
last heard 14 Jun
Michael Saylor’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 1.
Appearances
And so you don't pay tax on the dividends until you've collected dividends equal to the $100.
Right.
So you would buy a share for $100, collect $100 of dividends over like nine years.
And then in the 10th year, you would start to have long-term capital gains tax on your dividends if you were collecting them.
But it's a great thing because if you're living in a high tax jurisdiction, if you're in California or New York, you get paid 3.5% by the money market and you have 1.7% half.
Right.
tax.
And so do you want 1.7% or do you want 11 and a half percent?
Well, you put your finger on an important idea, which is with capital investors and equity, normally you get to buy the equity and you hold it and it compounds tax deferred.
So you buy the S&P index and you never sell it and you might have a big capital gain in it, but it's an unrealized capital gain.
So you get tax deferred compounding with equity.
You get tax deferred compounding with Bitcoin.
With credit, you don't.
When you buy a corporate bond, there is no tax-deferred compounding.
When you buy a normal dividend-bearing preferred stock, there's no tax-deferred compounding.
You have to pay the tax on every dividend when you receive the dividend.
STRC is...
unique because there's three types of tax treatment.
The first is ordinary income for corporate bonds.
That's bad.
Showing 81–100 of 2,284 · page 5 of 115
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