no
35 year old married male. combined income of 185k. Liquid Savings is $32,000
Paper currency is more liquid than a savings account. In theory, you can withdraw money from a savings account at any time, however, banks do reserve the right to delay such payments (if too many people want currency at the same time, the bank may run out).
savings accounts are not subject to the Fed's reserve requirements because savings accounts are not as liquid as checking accounts.
Liquid assets are those considered easy to liquidate. Such as savings, money market accounts and cash on hand. Non liquid assets are difficult to liquidate. Certificates of deposits are an example of a non liquid asset.
no
$500,000
By definition, cash is the most liquid.
35 year old married male. combined income of 185k. Liquid Savings is $32,000
I would suggest never - hydrogen peroxide is a rather unpleasant liquid that is typically used to induce emergency vomiting at home prior to taking your dog to a vet clinic for treatment.
Paper currency is more liquid than a savings account. In theory, you can withdraw money from a savings account at any time, however, banks do reserve the right to delay such payments (if too many people want currency at the same time, the bank may run out).
The cash in your pocket, but secondary would be a savings account.
savings accounts are not subject to the Fed's reserve requirements because savings accounts are not as liquid as checking accounts.
It depends on what you are trying to do and what you are looking for. Basic cash accounts (checking, savings) are very liquid and are insured by the FDIC up to $250,000. The next step up is a money market account. Also liquid in that you can put cash in and take cash out quickly but it carries more risk as the account is based off of investments which maintain the value of your money. An example of non-liquid would be a house. While it's not an account, it's also not easy to sell it. Meaning it would take time and money to get your money out of the house (sell).
Liquid assets are those considered easy to liquidate. Such as savings, money market accounts and cash on hand. Non liquid assets are difficult to liquidate. Certificates of deposits are an example of a non liquid asset.
Go to an emergency i wash station or a doctor...
An example of a liquid investment is stocks or shares in a publicly traded company. These can be easily bought and sold on the stock market, allowing investors to quickly convert their investment into cash if needed.