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When singer-songwriter-dancer Jason Derulo talks investments, it's not about Wall Street. At least, not for now.

"As of yet, I don't [invest in Wall Street]," said Derulo, "but I do have my eye on it."

Bitcoin? Nope.

"Right now, I'm investing only in things that I'm passionate about, that are in my wheelhouse—clothing, fitness and real estate," he told TheStreet in an interview when asked about whether he owned stocks and followed Wall Street.

Derulo was speaking at a Bloomingdale's (owned by Macy's Inc.  (M) ) event in New York City to introduce a clothing collection of LVL XIII, crafted by designer Antonio Brown, of which the singer is a spokesman.

The Miami-born entertainer, whose songs include Swalla, Want to Want Me and Whatcha Say, may have a net worth of $10 million, according to Celebrity Net Worth, but any extra coin isn't going into public companies.

Derulo also said he's "cheap" and wouldn't buy Apple Inc.'s (AAPL) new iPhone X until the price slips from the reported $1,000 plus to $850 (see below).

Apple is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AAPL? Learn more now.

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