As a young artiste with a lot of money and you don't know what to do with it, buy a land with it - SAMINI

Samini

Samini, a seasoned Ghanaian musician, has given new musicians who are starting to make money in the music business some invaluable advice.

In an interview with Kwame Dadzie and Doreen Avio on Hitz FM, the multi-award-winning performer urged young musicians to make prudent investments with their money, particularly in real estate and landed properties. Samini claims that when he first became successful, he made a lot of money but had no idea what to do with it.

He related how an older Rasta man named Jam Africa gave him some advice that fundamentally altered his perspective on investments and money.

“I used to visit this elder Rasta called Jam Africa anytime and free and want someone to reason with, and any time I went there, I went with a new car. One day, he looked at me and said, ‘Cars depreciate, land appreciates. If you buy a car today, in 10 years it will depreciate, but if you buy land, in 10 years you can sell it for 100 folds,” he stated.

According to Samini, this speech had a profound effect on him and motivated him to start purchasing land instead of expensive cars. He stressed that aspiring artists should take note of his experience and make wise financial choices at an early stage of their careers.

“As a young artiste with a lot of money and you don’t know what to do with it, buy land with it,” he reiterated.