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Invest in liquid assets for emergencies

Invest in liquid assets for emergencies

Saturday, June 17, 2017, 5:43 PM

Various investment instruments have lock-in periods during which they cannot be redeemed or can be redeemed with a penalty. This reduces the investor’s liquidity. Always maintain liquidity through savings accounts or bank deposits for short-term needs and emergencies. Additionally, have life and health insurance at all times.
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