Nigerian on-air-personality, Ifedayo Olarinde, popularly known as Daddy Freeze hailed the famous singer Wizkid as he rocked his N232 million Rm030 wristwatch.
Daddy Freeze, who has a flair for luxury wristwatches, took to Instagram to gushingly praise the singer.
He revealed that it’s better to invest in the accessories for future benefits.
“@fakewatchbuster just certified @wizkidayo’s Rm030 as original. Congrats Big Wiz! Big Win!!!
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.
Watches are a good investment! How many houses doubled their value ‘in Dollars’ within that same time frame?
Yes, houses tripled in Naira but can’t match anything hedged to a dollar.
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.
As yourself honestly, how many properties that were worth 25 million in 2011 would today sell for 232million?🤷
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).
Don’t invest in watches if you don’t own a home. Remember, watches can’t shelter you.”