#Liquidity101 Liquidity refers to how easily and quickly an asset can be converted into cash without significantly affecting its price.
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🏦 Types of Liquidity
1. Market Liquidity
Definition: How easily assets can be bought/sold in a market.
High liquidity: Stocks like Apple (AAPL) on the NASDAQ (many buyers/sellers).
Low liquidity: Rare collectibles or niche real estate (fewer buyers/sellers).
2. Accounting Liquidity
Definition: A company’s ability to meet short-term obligations using its current assets.
Measured by: Ratios like:
Current Ratio = Current Assets / Current Liabilities
Quick Ratio = (Current Assets – Inventory) / Current Liabilities
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🔄 Examples of Assets by Liquidity
Asset Type Liquidity Level
Cash Highest
Checking account Very High
Stocks/Bonds High (depends on market)
Real Estate Low
Art/Collectibles Very Low
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💥 Why Liquidity Matters
For individuals: Liquidity helps you handle emergencies without needing loans.
For businesses: It ensures they can pay bills, payroll, and other short-term costs.
For investors: A liquid market lets you enter/exit positions quickly at a fair price.