Access to cash can make or break your ability to survive financial emergencies or even secure a mortgage. But access to cash doesn’t always mean having currency in your wallet. Liquid assets can be ...

In simple words, an asset is something of value that you own and can convert to cash. Your car is an asset and so is your house because you could sell either one and receive its value in cash.

Liquidity refers to how quickly an asset can be converted into cash without drastically affecting its value. It could also be considered a measure of how easy something is to sell for cash, although ...

That’s a question that Phil Watson, a private wealth advisor with Ameriprise Financial, asks his clients. His point? If — or when — the unexpected happens, you need a plan in place. “Cars do break ...

Liquid assets can take on various forms, and in many circumstances, a liquid asset depends on the current market situation. For example, an investor could own various assets that are difficult to ...

Assets generate income and appreciate in value, while liabilities drain resources and depreciate over time. Do you want to improve your net worth? Probably so. But if you’re like many people, you ...

Liquid assets differ from other assets in how quickly they can be converted into cash. However, there are some other ways in which liquid assets differ from non-liquid ones. Aside from cash, liquid ...