So since the troll sputtered so much BS, let me repeat.
When you "Liquidate assets" you convert an illiquid asset into a liquid asset. Note: the dumb little kid disputes this.
Liquid assets include most stocks, money market instruments and government bonds.
Therefore you can not "liquidate" your mutual fund.
When you "Liquidate assets" you convert an illiquid asset into a liquid asset. Note: the dumb little kid disputes this.
Liquid assets include most stocks, money market instruments and government bonds.
Therefore you can not "liquidate" your mutual fund.
Just like everything else you believe in, the rest of the intelligent world doesn't agree... lmao.
[h=2]liq·ui·date[/h] [lik-wi-deyt] Show IPA
verb (used with object), liq·ui·dat·ed, liq·ui·dat·ing. 1. to settle or pay (a debt): to liquidate a claim.
2. to reduce (accounts) to order; determine the amount of (indebtedness or damages).
3.to convert (inventory, securities, or other assets) into cash.
4. to get rid of, especially by killing: to liquidate the enemies of the regime.
5. to break up or do away with: to liquidate a partnership.
Do you understand what you just posted? Apparently not because it proves you are wrong. You are highlighting the wrong words that pertain to liquidating. "To convert assets into" is what liquidate pertains to. The assets you are liquidating is what turns into cash or equivalent. Again you are either to stubborn to admit you are wrong or to dumb to realize it. Or maybe both!!
And the funny thing is he's using mutual funds as an example. Cash equivalents are more of an accounting term for businesses so they don't have to hold on to non-interest bearing cash and can stick them in to very short term no risk securities (mature in 3 months or less). It has nothing to do with liquidating your mutual funds, stocks, or other assets. He's quite possibly the dumbest person I've met.
The assets you are liquidating is what turns into cash or equivalent.
[FONT=Tahoma, Calibri, Verdana, Geneva, sans-serif]No shit.[/FONT]
[FONT=Tahoma, Calibri, Verdana, Geneva, sans-serif]And when you "liquidate" something into an "equivalent' it is not cash.[/FONT]
[FONT=Tahoma, Calibri, Verdana, Geneva, sans-serif]#Duh[/FONT]
[FONT=Tahoma, Calibri, Verdana, Geneva, sans-serif]No shit.[/FONT]
[FONT=Tahoma, Calibri, Verdana, Geneva, sans-serif]And when you "liquidate" something into an "equivalent' it is not cash.[/FONT]
[FONT=Tahoma, Calibri, Verdana, Geneva, sans-serif]#Duh[/FONT]
you are using bad examples for acebb since he is delusional. start out with the star trek example where scottie puts captain kirk and mutual funds in the transporter and then the evil captain kirk and the liquidated mutual funds come back. then proceed with more simpler examples that acebb will never grasp anyway. it is possible acebb gets the good vs bad captain kirk theory because it is juvenile. i would say the ship has sailed on educating acebb on anything adult oriented, no matter how fun it is to see his uneducated posts.
