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by kasey_junk
4321 days ago
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"Liquid: Funds can be bought or sold easily (with no fee), money is accessible via ACH." Just as a heads up, most finance folks don't consider being able to buy/sell something easily as the only bar to liquidity. Volatility is also a major component. That is, if something can change value dramatically from day to day it can be considered "illiquid". So lots of people do not consider mutual funds "liquid". |
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