The Worst Investment you can make is to Buy a New car  – Reno Omokri

Reno Omokri, a human right activist and Nigerian Lawyer has taken to his social media handle to share his opinion about purchasing a new car.

Omokri who shared his opinion on his instagram page said the worst investment anyone can make is to buy a new car.

His post reads;

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”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!”