'Don't Save Your Money In Banks, Inflation Will Destroy Its Value' - Reno Advises Nigerians | MyLatestGist.com
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‘Don’t Save Your Money In Banks, Inflation Will Destroy Its Value’ – Reno Advises Nigerians

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Former special assistant to former president Goodluck Jonathan, Reno Omokri has once spoken again. According to a recent tweet he made on his verified Twitter handle on Sunday, December 12, 2021, he advised his fans on which aspect they should invest their money on.

In the post, he beseeched his fans to never save in banks as Nigeria’s inflation will make cash in bank worthless.

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Concluding his post, he wrote it is more invulnerable for people to devote their funds to building or buying homes, buying gold, engaging in agricultural activities and investing in bonds.

In his post, he wrote

When you have money and you don’t know what to invest it in, don’t save it in a bank. Inflation will destroy its value. Simply buy 4 things that have held their value for thousands of years: A home, Gold, Agriculture, Government bonds

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This is good piece of advice from Reno. Moreso, the economy is not too friendly. People need to be wise in their spendings

What do you think about this?

 

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