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Liquidity is a term used to signify how easily an asset or an investment can be converted into cash. Obviously cash is the most liquid investment or asset. real estate could be the least liquid because finding a prospective buyer for a home will take a long time.
The money in a Savings account is extremely liquid. The account holder can withdraw his money anytime he wants.
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∙ 12y ago
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Which of these options for saving money offers the most liquidity?
Piggy Bank
Which option for saving money typically offers the least liquidity?
Basic savings account
Which of the these options for saving money typically offers the most liquidity?
basic savings account
How can you make money using a savings account?
You cannot make much money out of a Savings account. The purpose of this account is to save some money for our future. It does not earn much because of the high liquidity banks have to provide to the account holders. The returns in a savings account would be between 3-4% per year.
Order of liquidity?
savings measurable attainable realistic time bound
Which of these options for saving money offers the most liquidity?
Piggy Bank
Which option for saving money typically offers the least liquidity?
Basic savings account
Which of the these options for saving money typically offers the most liquidity?
basic savings account
How can you make money using a savings account?
You cannot make much money out of a Savings account. The purpose of this account is to save some money for our future. It does not earn much because of the high liquidity banks have to provide to the account holders. The returns in a savings account would be between 3-4% per year.
What does liquidity of savings refer to?
Savings liquidity is a financial assessment of how quickly and easily an asset can be turned into cash. Funds in a savings or checking account would be considered very liquid since they exist as cash already. An asset like gold jewelry would be less liquid since it needs to be sold in order for it to be converted to cash. However, selling jewelry is not that difficult, so its liquidity is still pretty good. Property assets, like a car or house can take a lot of time to sell, placing them at the end of the "liquidity" spectrum.
What Measures how easy you can convert your savings to cash?
liquidity
Order of liquidity?
savings measurable attainable realistic time bound
What factors can you use to evaluate a savings plan?
Your selection of savings play will be influenced by several factors including rate of return, inflation, tax considerations, liquidity, restrictions, and fees.
Can you change a savings account to joint account?
You may be able to add someone to your savings account ..contact the bank where you have the savings account for details
Is there a monthly service charge to have an Eggs Savings account?
No, the Egg savings account called "Egg Savings Account (internet) Issue 2" does not have a monthly service charge. This type of savings account is accessible online.
What is a compound interest savings account?
Its where your savings account earns interest on the interest.
Why open an savings account?
A savings account is a good place to keep money safe for future needs.
