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2007-02-23 03:18:55 · 8 answers · asked by Mindrape 2 in Business & Finance Personal Finance

8 answers

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 · answer #1 · answered by a kinder, gentler me 7 · 0 0

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 · answer #2 · answered by Anonymous · 0 0

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 · answer #3 · answered by lizzgeorge 4 · 0 0

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 · answer #4 · answered by Faye H 6 · 0 1

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 · answer #5 · answered by Kitty 6 · 0 0

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 · answer #6 · answered by vegas_iwish 5 · 0 1

Some are very liquid...others not so much.

2007-02-23 11:35:00 · answer #7 · answered by derek 4 · 0 1

Not very liquid. :( Unfortunately

2007-02-23 11:26:16 · answer #8 · answered by Anonymous · 0 1

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