Avid traveller and Gospeller, Reno Omokri has shared his 2 cents with the Nigerian youths to where they should put their money, in this year 2022 following the unfavourable swings of economy in the country.
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The former presidential aid to Godluck Johnathan, opined that banks isn’t the safest place any Nigerian youth should have their money in, in 2022. He also opined that putting money in banks is putting your money in banks is just like putting your ice on the table. Little by little, the ice will melt until nothing is left.
Reno maintained that money should be invested and only emergency mpney should be kept in banks, in his words, he posted on facebook saying;
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The safest place for your money in 2022, and beyond, is not in banks. Putting your money in banks is just like putting your ice on the table. Little by little, the ice will melt until nothing is left.
Put your money in investments. Not in banks. The only money you should put in banks are your emergency funds, or funds you are saving for investment purposes. Other than that, your money should be invested.
What do banks do with the money you deposit? They invest it. Why not do what they do too? Invest in crypto, shares, mutual funds, treasury bills, The Gold ETF. When you buy liabilities, you make others rich. When you buy assets, you make you wealthy!