The Poly Forum Has Turned Into A Disgrace

[Acebb]

I'm not defending you.

You don't need to. You are incoherent.

 

[Acebb]

Because he is talking about actual "cash" on hand which obviously would not collect interest. Since you say yours is collecting interest, it must be some other type of liquid asset, which you will need to liquidate to turn into "cash". "Cash" is a liquid asset, but a liquid asset is not necessarily "cash".

Actually, since the cash I have in a savings account is cash and is earning interest and I don't have to "liquidate" it in order to obtain it, you are laughably wrong.

But by all means, explain what I "don't understand" and stuff.

It will be exciting.

 

[festeringZit]

My cash balance in my checking account earns interest too.

FYI.

Not worried about "liquidating" my cash balance in my checking account. Hahahaha

 

[wabashwonders]

Actually, since the cash I have in a savings account is cash and is earning interest and I don't have to "liquidate" it in order to obtain it, you are laughably wrong.

But by all means, explain what I "don't understand" and stuff.

It will be exciting.

Actually you do but since you don't understand what liquidate means when referring to finance it doesn't surprise me you said this. Do you have the actual cash on you that are in these accounts? No, you don't. All you have is a statement or a checkbook that shows what is in that account. In order to get the cash, you must go to bank or ATM and withdraw the cash, or with a checking account you write a check. This procedure of withdrawing or writing a check is called "liquidating". I'm not sure how many times this needs to be explained to you but it's really simple to understand for a normal person.

 

[wabashwonders]

My cash balance in my checking account earns interest too.

FYI.

Not worried about "liquidating" my cash balance in my checking account. Hahahaha

Every time you write a check, you are "liquidating" the balance or part of in your checking account.

 

[Acebb]

Actually you do but since you don't understand what liquidate means when referring to finance it doesn't surprise me you said this. Do you have the actual cash on you that are in these accounts? No, you don't. All you have is a statement or a checkbook that shows what is in that account. In order to get the cash, you must go to bank or ATM and withdraw the cash, or with a checking account you write a check. This procedure of withdrawing or writing a check is called "liquidating". I'm not sure how many times this needs to be explained to you but it's really simple to understand for a normal person.

That is comically stupid. The process of taking money out of the bank is not "liquidating" since the money in the bank is cash.

So when a business "liquidates" this process isn't complete until the cash is in someone's hand. Not bank, in hand.

By the way, I love how you skipped right over "non interest bearing account"

Funny that, huh?

 

[Acebb]

Every time you write a check, you are "liquidating" the balance or part of in your checking account.

Actually, I'm not.

 

[Acebb]

Do you have the actual cash on you that are in these accounts?

You sound like you're from 1954 or something.

cash

noun \ˈkash\


Definition of CASH

1
: ready money

2
: money or its equivalent (as a check) paid for goods or services at the time of purchase or delivery

 

[scottcarter]

is it even possible to make a solid post about liquidating?

 

[Acebb]

"Hey Mr. Bank teller, how are you today?"

"Doing well, Mr. Ace, how can I help you?"

"I would like to withdrawal $500 from my account today!"

"Oh, ok, let me liquidate it for you!!"

[PRESSES MAGIC 'LIQUIDATE' BUTTON, DANCES, SPINS, UNICORNS]

"A one,
A two
A threeeeeeeee
A fooooouuuuuuuuuurrrrrr"
"A five hundred for you Mr. Ace!"

"Thanks for liquidating!"

 

[Acebb]

So here we go again.

[h=2]Definition of 'Liquid Asset'[/h]An asset that can be converted into cash quickly and with minimal impact to the price received.
...
Liquid assets include most stocks, money market instruments and government bonds.

[h=2]Definition of 'Liquidate'[/h]1. To convert assets into cash or equivalents by selling them on the open market.

2. When an entity chooses or is forced by a legal judgment or contract to turn assets into a "liquid" form (cash).

================


"Liquidate" has nothing to do with the money in my checking account. Which is why it isn't "liquidated" (nothing is sold or converted) in order for me to obtain it.

 

[GasMan]

I liquidated some Taco Bell assets I had just a little while ago.:trx-smly0

 

[ScottL]

I liquidated some Taco Bell assets I had just a little while ago.

Coincidence? ENCSU, the Encore Suspense Channel is headlining the movie, "Don't Go In The Bathroom" tonight.

 

[Willie99]

I have liquid dates all the time

tonight it's going to be Tequila, to honor all our anchor babies

 

[snoop]

wabitch follows Acebb around like a homeless cat.

Scary stupid weird.

 

[SheriffJoe]

wabitch follows Acebb around like a homeless cat.

Scary stupid weird.

wabitch = fratfraud without the drama queen personality

 

[vitterd]

The fact that you would actually post such links tells everyone all they need to know.

says the guy posting stories from commentarymagazine.com

 

[SheriffJoe]

says the guy posting stories from commentarymagazine.com

"governmentisgood.com"

:laughingb

 

[vitterd]

"governmentisgood.com"

:laughingb

breitbart, Drudge, daily caller......3 worst sources by far.....even worse than commentary magazine and some of your disgraceful far right wing cut/pastes. Didn't you post some crazy loon thing about the birth certificate that was laughed at by several other websites?

When is the "BIG" news coming on that? lol

 

[SheriffJoe]

Drudge is a news filter, not a 'source'

"governmentisgood.com"

face)(*^%