Editorial

Boxer Errol Spence Jr. Spends $400,000 On Diamond Chain

(Photo by Donald Miralle/Getty Images)

David Hookstead Smoke Room Editor-in-Chief
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Boxer Errol Spence Jr. dropped a ton of money on a diamond chain.

TMZ reported the following details on the chain Monday:

The chain is downright one of the most absurd things I’ve ever seen. Take a look at it below. (SLIDESHOW: These Are The Hottest Women On Instagram)

 

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Look, I’m not the kind of person who tells another man how to spend his money, but I’m not sure dropping $400,000 on a chain is a smart investment.

I’m not exactly Warren Buffett, but I’m pretty sure jewelry isn’t often recommended from most financial advisors as a safe bet for your money.

 

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Why would you spend your money on a chain over investing in the market or buying up real estate?

To me, it’s an easy choice of what to do. I don’t care how much money I have. There’s a zero percent chance I ever drop cash on a chain.

I could be worth a billion dollars. It wouldn’t make a difference.

Don’t buy stuff that doesn’t return value. It’s simple, my friends. Yet, Spence apparently never learned that lesson because buying a chain hardly has a great ROI.

Be smart with your money, folks. Otherwise, you’ll quickly part ways with it.