What are liquid assets?
The Bankrate.com financial term of the day is: "Liquid assets."
Your liquid assets most likely would NOT include a swimming pool, waterbed or wine collection, despite what you might immediately think when you hear that term. Instead, the phrase "liquid assets" refers to cash or anything that can be converted into cash quickly and easily. That would include certain accounts and investments, such as stocks and government bonds.
When you need money for a rainy day, you want liquid assets.
To find out more about liquid assets for your portfolio, visit the Investing section at Bankrate.com.
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Dear Dr. Don, I would like to begin investing money to use in retirement. I want to be conservative with these investments, and I don't know where to begin. Any advice on retirement investing would be appreciated. Thank... Read more
What if you could participate in the market's upside performance while protecting yourself against downside risk?
These products exist. They are equity-indexed annuities and equity-linked CDs.
... Read more