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Building significant wealth isn’t just about working hard and investing. It’s also about increasing liquid assets, a crucial ...
Liquid assets include cash and other assets that can quickly be turned into cash without losing value. You always want some of your assets to be liquid in order to cover living expenses and ...
The liquid assets of $116,000 minus liabilities of $112,000 equals $4,000 liquid net worth. Remember, for liquid net worth, we excluded the house, car and retirement accounts.
Here's why gold is a highly liquid asset worth investing in: It's easy to buy and sell. Liquidity refers to how easily and quickly you can sell an asset for cash at its current market value.