Have he invested the ₦30 millions winning wisely?

[Dunamisx]

This image have being flying all around social media here in my country, the image above is taken from one of the social media posts, for the evidence of this discussion and More understanding here is the man story.
He won 30 millions naira from sport betting, and he went ahead to buy all those machines that you see in the picture, do you think he did right by buying 4 keys at the same time and what is the economic benefits of this items please I will like to know, do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

If his intentions for buying all these were for business purposes, then he just invested well and should have done more by diversifying on other assets other than these, it could be gold, land or bitcoin.

But if he's not making business with all these he bought, then they happened to turned a liability did not make the right decision for himself, though there's no source to this story, but I believe he should also have invested on other assets because #30 million is too much for just these, the rest of the money can be well utilized for other productive assets that could serve him better in the future.

[m2017]

This image have being flying all around social media here in my country, the image above is taken from one of the social media posts, for the evidence of this discussion and More understanding here is the man story.
He won 30 millions naira from sport betting, and he went ahead to buy all those machines that you see in the picture, do you think he did right by buying 4 keys at the same time and what is the economic benefits of this items please I will like to know, do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

What does this post have to do with gambling? Only that this machines in the photo were bought with gambling winnings? Why is there no information about which gambling game he won the 30 millions naira on? Maybe it was the lottery?

This person spent his winnings based on his knowledge. We know about bitcoin here, so buying machines would seem foolish to us. But let's not rush things. It all depends on how the winning man will use these machines. If he makes money with them (either personally or by renting them out), then they're a good investment.

Someone should let him know on social media that he can charge for rentals (or other services using the motorcycles) in bitcoin.

[Yablee0]

He won 30 millions naira from sport betting, and he went ahead to buy all those machines that you see in the picture, do you think he did right by buying 4 keys at the same time and what is the economic benefits of this items please I will like to know, do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

I wouldn't know how authentic this information is but if it is to be true then he just did awesome, a big shout-out to you bro because not everyone can be able to come up with such an excellent idea of investing the funds wisely just as he did, some would have prefer using the fund's to stake a countless times till everything get exhausted before they will realize, perhaps want to go clubbing with different women till everything is gone, kudos to you bro it is not an easy one.

[Odusko]

do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

For me he would have taken the best decision if he at least bought 2 or 3 plots of lands with part of the money and then probably added those machines he bought if those were his dream. Actually out of those machines, only two has capacity to generate money back to him on higher purchase agreement and the other two are luxury or maybe the other will be used for load carriage. One thing with investing in tricycle and machine is that you have to be careful not to be cheated at the end of the day. However, investment in properties would have been the best for him and I should believe he would be advised to use the remaining monies for that because with what he bought so far, he should still have more than half of his winning money with him. But I hope he won't go and buy car worth of 10-15 million because most gamblers who win jackpot never invest properly.

I agrees with this in this part of the world, real estate is becoming a lucrative business as needs for housing increases, a lot of properties are increasing in value with zero mentainance demanded, unlike machine and laid carriage business that requires a lot of third party involvement, the amount spent is not the total money although but uli also believes he will think in that direction, gambling winnings like this need to be treated with discretion since this doesn't come by all the time.

[Strongkored]

He won 30 millions naira from sport betting, and he went ahead to buy all those machines that you see in the picture, do you think he did right by buying 4 keys at the same time and what is the economic benefits of this items please I will like to know, do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

Seeing the items that the man bought, they did not seem luxurious to me, in fact, I saw them as machines that would be used to generate money for his business, so that was quite a smart move.
However, if you win money from gambling or see someone else win it, and the amount is life-changing, do not expect too much or think it can be used wisely because money gained quickly often leaves the recipient mentally unprepared to make it useful.

[davis196]

This image have being flying all around social media here in my country, the image above is taken from one of the social media posts, for the evidence of this discussion and More understanding here is the man story.
He won 30 millions naira from sport betting, and he went ahead to buy all those machines that you see in the picture, do you think he did right by buying 4 keys at the same time and what is the economic benefits of this items please I will like to know, do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

Maybe this guy is financially stable, so he used his gambling winnings to buy motorcycles and trucks, because he likes motorcycles and trucks. Or maybe he has low standard of living, but he decided to use gambling winnings to buy a bunch of machines in order to brag with them on social media. That's just stupid, but the world is full of not-so-smart people. You know that easy money can be spent in no time. Easy come, easy go. Maybe he would never have spent hard earned money on such things, but gambling money are easy money. Who are we to judge him? Only his family(wife and kids) can judge him, if he makes stupid financial decisions.

[hyudien]

This image have being flying all around social media here in my country, the image above is taken from one of the social media posts, for the evidence of this discussion and More understanding here is the man story.
He won 30 millions naira from sport betting, and he went ahead to buy all those machines that you see in the picture, do you think he did right by buying 4 keys at the same time and what is the economic benefits of this items please I will like to know, do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

Since you have explained that the total price of the 4 items is only half of the winnings, I don't think it's a bad decision for the man, after all the other half he can invest or open a micro business, my assumption why he bought the machines is to rent out to make it easier to transport goods or others, maybe what should be considered is the purchase of two motorized vehicles, I think one is more than enough.

[Beparanf]

This image have being flying all around social media here in my country, the image above is taken from one of the social media posts, for the evidence of this discussion and More understanding here is the man story.
He won 30 millions naira from sport betting, and he went ahead to buy all those machines that you see in the picture, do you think he did right by buying 4 keys at the same time and what is the economic benefits of this items please I will like to know, do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

Since you have explained that the total price of the 4 items is only half of the winnings, I don't think it's a bad decision for the man, after all the other half he can invest or open a micro business, my assumption why he bought the machines is to rent out to make it easier to transport goods or others, maybe what should be considered is the purchase of two motorized vehicles, I think one is more than enough.

On 3rd world country I believe investing on vehicle is a good choice since it can be used for transportation rental or for business logistics which is very crucial on country with poor mass transport.

I consider it as a good investment since it just came from a gambling profit and probably this guy source of income revolves on transportation that’s why he focus on vehicle purchases.

It’s much better than wasting money luxury things or alcohol.

[Pandu Geddon]

do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

We never know what items someone has dreamed of and hasn’t been able to buy for a long time. So it’s understandable that when a person buys something they want after winning big in gambling. 
I would do it too, but maybe not that much. Only what I would need. And the rest could be bought for others. 
Whether it’s the right choice or not, I guess they must have their own reasons.

[lovesmayfamilis]

His purchases merely demonstrate his childishness. I don't know how much these cars cost in Nigeria, but I imagine he bought them even when they were used. However, I converted the amount to naira, and it came out to a pretty decent dollar amount. If this man were smarter, he would have realized that the money he won should be invested in work, that is, in generating passive income. Renting out the space (if he bought one) or the house, or any reasonable business, would have earned him more than these small cars and would have satisfied his vanity.

[maydna]

Perhaps he made the right buying those considering he wants to do something with his wins money. He may knows what he wants to do with the money and thinks that is the right options to do.

If you want clear answers, you can visiting his home and asking him what he want to do. But I hopes he can saving his wins money for his future or build a new business that can produce him more money.

Building business delivering things to other places is a good option for him. He have those 4 vehicles and he can hire people to helps him running the business.

[Findingnemo]

Is this for rental purpose or he is going to use for his personal use?

I read that in Nigeria the bike taxi is the most preferred transport for the regular commuters so this man bought with the intention of doing business then it is a good decision, could have invested better but everyone have their own knopwledge and going with it so it's okay but he bought so he can go on different ones for different week days then he is ruined it.

[lionheart78]

He won 30 millions naira from sport betting, and he went ahead to buy all those machines that you see in the picture, do you think he did right by buying 4 keys at the same time and what is the economic benefits of this items please I will like to know, do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

Whether it is a smart move or not depends on his intention why he bought those vehicles.  If that is just for show off then it is not a wise move but if he use it to earn money or become a source of income, then I commend him for thinking that way.

It is always a good thing when we use our gambling winnings to get more sources of funding.  This way, we can earn more money to make our lives more comfortable.

[justinlamode]

He won 30 millions naira from sport betting, and he went ahead to buy all those machines that you see in the picture, do you think he did right by buying 4 keys at the same time and what is the economic benefits of this items please I will like to know, do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

Three of the four machines he bought will be used for business which will generate profits for him, so it is good to know that he did not waste the entire money but invested some in income generating ventures. From Nigerian setting, those three items will be able to generate him enough income to remain afloat irrespective of how the economy shakes. Another thing too is that he can take part of the proceeds of this investment to gamble and will not feel bad when he loses because he have a stable source of income.

[uchegod-21]

I consider what this young man has done to be the most relevant way to know who a responsible gambler is. He didn't buy those items for personal use. In my country, the tricycle and motorcycles are used for commercial transportation business. The 4th one is used by businesses in delivering large commodities to customers within thesame locality. He can hire people to run these deliveries or do the transport business for him while he sits at home receiving daily, weekly or monthly income as the case may be. This is the real win, he will enjoy this win for as long as he manages his business very well.

Being responsible is not just about gambling with what you can afford to lose, irresponsible spending isn't a proof  that one is still responsible.

Investing in a real business such as transport business with the winnings is a sign that we are very mature at utilising what we already have. Yes, a responsibility cannot only be pertinent in terms of minimising losses, but also in the way we use such profits wisely. Daily construction of the cash flow by purchasing transportation means will make it not to waste all in vain.

Another thing he should take note of if he wants to be financially stable for a very long time is for him to minimise the rate at which he gambles. We are applauding him now for investing his win, he shouldn't get so excited to think that there is more from where the win came from. Everything that has happened to him is all luck, he shouldn't invest his time and money so much again on gambling to win more. Greed is one of the greatest destroyer of men. He should focus more on his new business and reduce the time and money he spends on gambling.

[giammangiato]

4 keys at the same time and what is the economic benefits of this items please I will like to know, do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

From a single image you can't draw conclusions, you can't say things in a hurry.
It can be understood that the man has invested in work by purchasing means that will bring continuous profit and perhaps a margin of growth in his business (presumably taxi service).
Those who invest in their future always make the right choice, if instead of those vehicles there was a luxury car I would have said the exact opposite, a waste and money definitely wasted.

[Dunamisx]

If I win a huge amount of money, all will do is to first try as much as possible to sit down and plan on what to invest, because this has a vital role on what we do and the fate of the money for our own sustainability, investing is important, so that y could bring as many as possible if it's kind, while in addition, this must also be done on multiple assets, so that we don't have a single source of income.

[Webutxo]

This image have being flying all around social media here in my country, the image above is taken from one of the social media posts, for the evidence of this discussion and More understanding here is the man story.
He won 30 millions naira from sport betting, and he went ahead to buy all those machines that you see in the picture, do you think he did right by buying 4 keys at the same time and what is the economic benefits of this items please I will like to know, do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

I don't condemned peoples choice of way they spend their money, if you make money and feel you want to give it to charity then it's your decision and I'm not gong to discourage you because I feel that I have an opinion, that's wrong. What if the guy use the money to make another bet and in the process lose the momey. I'm sure many people are going to be blaming him and even be calling him names, there are people that has gotten this opportunity before and lost it.

Only few people make huge money from gambling and spent them wisely. This money when converted to foreign currency, I can assure you that this money is not thag bad. It can gives you good thing you never even think you can have. This reminds me of a guy that won momey from gambling, use half of the money to build a house and use half to start up a business, today he is not even a serious gambler and he is doing well and better than where he used to be.

[bhadz]

This image have being flying all around social media here in my country, the image above is taken from one of the social media posts, for the evidence of this discussion and More understanding here is the man story.
He won 30 millions naira from sport betting, and he went ahead to buy all those machines that you see in the picture, do you think he did right by buying 4 keys at the same time and what is the economic benefits of this items please I will like to know, do you believe he made the right choice of spending his gambling winnings on this items, or he should have done better.

That's none of our concern if he's able to afford those keys, cars, bikes at the same time. If he's able to purchase that then I don't have a say if he did the right decision because that's his money. I guess that we shouldn't put our minds into these people that does things they like to do from the money that they've won. If they're happy about it, who are we to be too worried if they did the right thing or not. And if they can afford that economically for themselves that it won't make them bankrupt, it's okay. Even if it's from a loan, I'll mind my own business.

[nara1892]

Judging from the types of bicycle locks he bought, I think he was very wise in spending his money. Why? You can see that there are several types of bicycles: a tricycle for transporting goods, a tricycle with a roof for transporting several people (probably for family trips), and two two-wheelers for personal use. From what I can see, I can conclude that all of these items seem to be useful for him in the long term, and it seems that he has a delivery business or is just starting one.
At first glance, couldn't he have bought a much more luxurious vehicle, like a sports car? Of course, but the man prefers items that are useful.