You're funny!
My assets are only liquid when I've drank a lot of beer and ate a lot of Mexican food!
2007-02-23 04:36:46
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answer #1
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answered by a kinder, gentler me 7
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I have no liquid. I'm too poor to have financial assets. I've got other assets, but none that I can sell. Ha! Pay check to pay check is what I am. The only thing I have worth anything is my car but that's not liquid. I maybe have a couple hundred in the bank. You know any rich single men?..... just kidding, money is obviously not a motivating force in my life.
2007-02-23 11:38:39
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answer #2
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answered by Anonymous
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I think you should keep at least 10% of your assets liquid at all times (cash, stocks, mutual funds, anything you can sell and get cash for within a few days/a week).
But I also think everyone should have at least $10,000 in cash for emergencies and irregular expenses that will arise over the next 2 years (so as not to have to use a loan/credit card when something comes up--even something like needing a new car).
2007-02-23 12:24:22
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answer #3
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answered by lizzgeorge 4
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Well, my house, I could put on the market and sell but that might take a while so it's not very liquid.
My Mutual Funds would take a week or so to sell and get all the cash out. Same with my stocks.
Checking and savings accounts are liquid.
2007-02-23 11:25:55
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answer #4
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answered by Faye H 6
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Most is 3 days to liquid, as in investment accounts..... but my home of course, would take longer to sell and get anything out of.
I do have alot of cash just waiting around for emeergencies though and I plan on keeping it that way.
: )
2007-02-23 12:26:29
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answer #5
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answered by Kitty 6
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Completely. No house. No car. Only a good-sized pool of investments easily fungible. Nothing to tie me down/worry over.
2007-02-23 11:35:59
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answer #6
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answered by vegas_iwish 5
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Some are very liquid...others not so much.
2007-02-23 11:35:00
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answer #7
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answered by derek 4
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Not very liquid. :( Unfortunately
2007-02-23 11:26:16
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answer #8
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answered by Anonymous
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