If you can manage it, put a significant amount of money in the bank or have
other liquid assets on hand.
Not exact matches
The new US tax code requires companies to pay tax of 15.5 %
on accumulated overseas profits held in cash and
other liquid assets, regardless of whether or not the company repatriates the money.
Instead, you might want to use
liquid assets to pay down all your
other debt, catch up
on your retirement savings and start saving for your child's college.
On the
other hand, less
liquid assets, such as small - cap stocks, may have spreads that are equivalent to 1 to 2 % of the
asset's lowest ask price.
Such market permit
other financial institutions with liquidity needs to borrow in a short period of time from
other companies with excesses, that adapts those banks to elude keeping far too large sums of their means, which are based
on liquid assets such as cash to control any implicit expenses from the clients.