“Charter A Car, Buy Luxury Assets Instead Of Buying Luxury Cars” : Reno Omokri

“Charter a car and buy luxury assets instead of buying luxury cars” says Reno Omokri. 

He said luxury cars are liability today, adding that most people now go for Uber and other ride sharing services.

According to Reno, a car is deemed an asset if it is necessary tool for income generation.

Reno Omokri, a former media aide to ex-President Goodluck, has advised Nigerian ‘Big Boys’ to invest on luxury assets that can provide future economic benefits instead on buying luxury cars.

In a post on X, formerly known as Twitter, Reno noted that luxury cars are liability today, adding that most people now go for Uber and other ride sharing services.

He wrote :

“You drive a better car, use a costlier phone, and wear more expensive designer clothes than your landlord, and you think you are a big boy? You should pray for wisdom. Big boys don’t RENT luxury houses and BUY luxury cars.

“That is the luxury of big fools! In fact, since the introduction of Uber and other ride sharing services, genuine big boys no longer even buy cars.

According to Reno, a car is deemed an asset only if it is a necessary tool for income generation.

“They just charter luxurious ride sharing cars to get from point A to B. Except you are using it for commercial purposes, a car is a liability today. Buy luxury assets instead of luxury cars!”

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