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Reply to "How do you pay for a "big ticket" item?"
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[quote=Anonymous]Personally, I think (stock) mutual funds are not liquid. The stock market could tank tomorrow and you would lose 1/2 your value. In general, http://financial-dictionary.thefreedictionary.com/liquid+asset Could you convert it to cash in a few days for roughly the same value? Then it is liquid enough.[/quote]
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