An asset is often defined as the opposite of liability, which is money you owe. Assets can be liquid or illiquid. A liquid asset means that it is either cash or can quickly and easily be converted ...

But in a larger sense, think of liquidity as a spectrum: Some assets are more readily convertible into cash than others. At the far end of the spectrum are illiquid assets, which are very hard to ...

Alternative investments are comprised of more complex investments and include private strategies focused on illiquid holdings ...

For GottaHustle_999, their portfolio of $7.5M in accessible assets (retirement, brokerage, and 529 plans) likely provides a solid foundation for FIRE. I’d recommend that they use the illiquid ...

The authors propose the using equal risk pricing for market-consistent valuation of illiquid financial derivatives, ...