Liquidity EXPLAINED in 30 SECONDS!
Download the Tickertape App: https://ttape.in/QxY5NlWXhtb
#dimaaglaganazarurihai #dimaagyahalagao #tickertapehaina
What is liquidity?
Okay quick question- Most people think that real estate is a solid investment, but do you think it’s liquid?
Well, the answer is- NO
So what do you consider as a liquid asset?
3 points that make your asset liquid are
If your asset can be converted into cash
As early as possible
Without affecting its market value
Now, because converting your house into cash at the earliest and at a fair value, is super difficult. And even if you get a buyer in a hurry, you might not get a good price and the chances are if you want a good price, you need to wait a lil longer.
What are the liquid assets you hold? Let us know in the comments and follow tickertape for more investing & trading content.