A Nigerian critic has taken aim at popular musician Phyno for his recent real estate investments. Singer, Phyno, recently purchased a series of houses on a terrace, a move that has gotten him congratulatory messages from fans and celebrities alike.
However the Nigerian man, came out to reveal that Phyno buying a house was no a smart investment move. He believes that buying a house is a long-term investment that might take a long amount of time to yield profit.
Instead, the critic suggests that Phyno should channel his money into his music career. According to this Nigerian man, investing in a new album had the potential to generate significant revenue and return on investment more quickly than real estate.
He explained 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.
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