What's Liquidity, And Why Does It Matter?
"Liquidity" is one of those financial terms that I always thought really rich people (and people involved in the financial industry) needed to know. A specialized term; jargon that the rest of us don't need to know.
Then a few years ago I decided to start my own financial education. And I learned that liquidity is a concept that is actually quite relevant to "the rest of us."
To put it simply: Liquidity is why, when you're living on the edge, you only ever put five or ten bucks of gas into your car's gas tank.
Then a few years ago I decided to start my own financial education. And I learned that liquidity is a concept that is actually quite relevant to "the rest of us."
To put it simply: Liquidity is why, when you're living on the edge, you only ever put five or ten bucks of gas into your car's gas tank.