Buying a new car is the worst investment you can make – Reno Omokri

Reno Omokri is of the opinion that buying a new car is the worst investment anyone can make.

Advertisment

He shared this thought on his Instagram page. His post reads;

”The owners of Gucci, Armani and Louis Vuitton are already billionaires. You are not a billionaire. You are not a millionaire. You are not even worth $100,000. They don’t need your money. You need your money more than them. Invest in your future, not their future! In fact, nobody on Earth needs a new car. Absolutely nobody. What you need is a reliable car. Except it is an antique car, buying a new car is the worst investment you can make. The moment you drive it out of the dealership, 15% of its value is gone. Spend your money on assets that put money in your pocket!”

Advertisment

Advertisment

READ THIS  “Don’t go into debt to show people how much you love them” – Reno Omokri advises

Advertisment

Check Also

Bitcoin hits record $75,000 as Trump moves closer to victory

Bitcoin surged to a record high of $75,000 on Wednesday, fueled by growing investor confidence …

Leave a Reply

Your email address will not be published. Required fields are marked *