Controversial radio host Daddy Freeze recently congratulated Wizkid, a popular artiste in Nigeria, on his N232 million Rm030 wristwatch, confamgists report.

He took to his instagram page to share a post of wizkid rocking the luxury wrist watch telling his followers not to invest in watches if they don’t own a home.

He wrote:

@fakewatchbuster just certified @wizkidayo’s Rm030 as original. Congrats Big Wiz! Big Win!!!
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When this watch was first released circa 2012, it cost about $150k. Today, 10 years later, a used one will sell for almost double that price.
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Watches are a good investment! How many houses doubled their value ‘in Dollars’ within that same time frame?
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Yes, houses tripled in Naira but can’t match anything hedged to a dollar.
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In 2011 a U.S. dollar sold for 165 Naira so this watch would have been worth about N25 million. Today, with the dollar exchanging for over N800 that same watch at the current price of $290k would fetch N232 million Naira.
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As yourself honestly, how many properties that were worth 25 million in 2011 would today sell for 232million?�
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Buy property, it’s safer and more secure, but when it comes to investing, consider adding a Rolex daytona stainless steel to your portfolio and thank me later. (The current waiting list for the stainless steel daytona is anything between 2 and 4 years and would more than double in value in USD immediately it’s received).
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Don’t invest in watches if you don’t own a home. Remember, watches can’t shelter you.
~FRZ

Source: https://confamgists.com/daddy-freeze-praises-wizkid-for-wearing-a-wristwatch-worth-n232-million/

Machala Na baba �

Grandor

232M? Does it predict the future or predict Correct score in Bet9ja, Betking and Lotto?

Say Daddy freeze that owns many fake watches

Sometimes, it isn't about what you own but how marketable that property is. The question is, if he wants to sell that watch urgently, will he get a buyer?

And even if he does get one, they will underprice it. I know someone with a property worth Millions that is up for sale. He hasn't been able to sell it because there are no buyers.

Those that indicated interest to buy wants to pay 1/4th of the total value.

So, it is better to invest wisely as some investments are not worth it.

Freeze zuwanike

We4all:
Sometimes, it isn't about what you own but how marketable that property is. The question is, if he wants to sell that watch urgently, will he get a buyer?

And even if he does get one, they will underprice it. I know someone with a property worth Millions that is up for sale. He hasn't been able to sell it because there are no buyers.

Those that indicated interest to buy wants to pay 1/4th of the total value.

So, it is better to invest wisely as some investments are not worth it.

Don't mind the mofo Jare.. people just open their mouth to spew trash thinking they know so much, whereas they know nothing. A house, when you put it out for rent/lease will continue to fetch you return on investments for that 10 years while gradually increasing in value.. a watch can't give you that. If watches were better investments, Dangote would have more watches then. LUXURY IS NEVER AN INVESTMENT. Take it or leave it

No Osu artiste can lace the shoe of big Wiz. More wins to you bro. Now I see why yellow pawpaw-yam leggers want to kill them selves over handsome Wiz.

cigaricon:


Don't mind the mofo Jare.. people just open their mouth to spew trash thinking they know so much, whereas they know nothing. A house, when you put it out for rent/lease will continue to fetch you return on investments for that 10 years while gradually increasing in value.. a watch can't give you that. If watches were better investments, Dangote would have more watches then. LUXURY IS NEVER AN INVESTMENT. Take it or leave it

Well, investment is investment and luxury is luxury. Saying luxury is an investment is misleading. However, if you can afford both luxury and investment, it's not sin. I mean, what's the point of investments if you can't afford what you consider as luxury at the end of the day? Wizkid never said he doesn't have investments. You're just seeing this watch because it's something worn on the body. You don't expect him to cover himself with his investment papers so you'd know he also has investments. Dangote might not buy this watch because it's not his own version of luxury, but we all saw a picture of him with a model in an expensive hotel showcasing his ass. We don't know how much he paid for the days he spent in that hotel and the high class escort he was with. We just can't tell know how much he spends on luxury.

So before we go lecturing people on how to spend thier money, let's remember we didn't tell them how to make it.

We4all:
Sometimes, it isn't about what you own but how marketable that property is. The question is, if he wants to sell that watch urgently, will he get a buyer?

And even if he does get one, they will underprice it. I know someone with a property worth Millions that is up for sale. He hasn't been able to sell it because there are no buyers.

Those that indicated interest to buy wants to pay 1/4th of the total value.

So, it is better to invest wisely as some investments are not worth it.

If he wants to sell, there are organized channels to do so. It's not something you peddle on the streets. Wizzy will resell and still make more money provided watch is in good shape.

MzErica:
No Osu artiste can lace the shoe of big Wiz. More wins to you bro. Now I see why yellow pawpaw-yam leggers want to kill them selves over handsome Wiz.

How much do you charge currently to parch a tube?

BeardedMeat:
How much do you charge currently to parch a tube?

I don laugh tire

BeardedMeat:
How much do you charge currently to parch a tube?

I laughed so loud I woke the full street up.

The watch is fantabulous.

A watch brand that is superb investment is Hublot. It is great at creating a scarcity value. It is hard to go wrong with them

BeardedMeat:
How much do you charge currently to parch a tube?

Whatever u deem fit, so long it is your money

Holybaddo:
I don laugh tire

Don't mind the fvckniser

iHateFraudsters:

iHateFraudsters:

LoL

cigaricon:


Don't mind the mofo Jare.. people just open their mouth to spew trash thinking they know so much, whereas they know nothing. A house, when you put it out for rent/lease will continue to fetch you return on investments for that 10 years while gradually increasing in value.. a watch can't give you that. If watches were better investments, Dangote would have more watches then. LUXURY IS NEVER AN INVESTMENT. Take it or leave it

That watch has no auto update function and can never match a digital watch in accuracy or added functions like stop watch and reminders.

I tire for show off people.

People worship money in this clime

etrange:


Well, investment is investment and luxury is luxury. Saying luxury is an investment is misleading. However, if you can afford both luxury and investment, it's not sin. I mean, what's the point of investments if you can't afford what you consider as luxury at the end of the day? Wizkid never said he doesn't have investments. You're just seeing this watch because it's something worn on the body. You don't expect him to cover himself with his investment papers so you'd know he also has investments. Dangote might not buy this watch because it's not his own version of luxury, but we all saw a picture of him with a model in an expensive hotel showcasing his ass. We don't know how much he paid for the days he spent in that hotel and the high class escort he was with. We just can't tell know how much he spends on luxury.

So before we go lecturing people on how to spend thier money, let's remember we didn't tell them how to make it.

You clearly didn't get my point in my comment. All you're saying here is out of point to what I'm trying to pinpoint. I never said Wizzy doesn't have investments, neither am I trying to lecture anybody on how to make or spend their money, infact I don't care. I was just trying to pinpoint the fact that between a watch and a landed property in terms of investment is bad comparison. A WATCH vs A HOUSE, that's the argument here not all the English your speaking.

So please before you go ahead to quote anyone, try to understand their comment first.
Gracias

BeardedMeat:
How much do you charge currently to parch a tube?

Ask your stupid LovePeddler mother?