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Entertainment of Monday, 4 September 2023

Source: www.mynigeria.com

'Buying a house is a waste of investment' - Netizen advises Phyno to sell his house

An image of Phyno and his mansion An image of Phyno and his mansion

A netizen has given a piece of advise to popular musician Phyno for his recent real estate investments.

Recall that Phyno recently bought a series of houses on a terrace, and was heavily congratulated by his fans and other celebrities.

However a netizen who was not happy about the rapper's move, stated that buying a house was not a smart way to invest money.

According to him, acquiring a house is a long-term investment that might take a long amount of time to bring profit.

The netizen proceeded to advice Phyno to channel his money into his music career.

He added that investing in a new album had the potential to generate significant revenue and return on investment more quickly than real estate.

The netizen explained further that owning property can offer long-term financial security, but it can also tie up capital.

On the other hand, releasing new music can bring in immediate revenue through album sales, concerts, and endorsements.