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Today,\\xa0I want to talk about a word in finance that is often misunderstood and/or ignored \\u2013 liquidity.\\xa0\\xa0\\xa0

There is a language of finance, and liquidity is one of those words that can be difficult\\xa0to\\xa0describe; it\\u2019s much like one of those words or phrases in Spanish or French that just doesn\\u2019t\\xa0translate well into\\xa0English.\\xa0\\xa0\\xa0

We hear things on the news about how the Federal Reserve is \\u201cinjecting liquidity into the system,\\u201d or maybe we read an article about how\\xa0\\u201cliquidity issues\\u201d\\xa0led to\\xa0the demise of\\xa0a certain hedge fund or family office.\\xa0\\xa0\\xa0

You realize liquidity serves an important role, but maybe you don\\u2019t\\xa0exactly\\xa0know how it applies to your situation.\\xa0\\xa0Even a quick dictionary search doesn\\u2019t give you much clarity.\\xa0\\xa0\\xa0

So, let\\u2019s discuss how this mysterious concept of liquidity applies to you personally\\xa0and how crucial\\xa0liquidity\\xa0is\\xa0to\\xa0your personal financial plan.\\xa0

Links mentioned in this episode:

• http://thoughtsonmoney.com
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• http://thebahnsengroup.com
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