Access to cash can make or break your ability to survive financial emergencies or even secure a mortgage. But access to cash doesn’t always mean having currency in your wallet. Liquid assets can be ...

An asset constitutes anything that holds monetary value, whether current or future, to a person or organization. Businesses, governments and non-profits all own assets. So do many people. An asset is ...

Liquidity refers to how quickly an asset can be converted into cash without drastically affecting its value. It could also be considered a measure of how easy something is to sell for cash, although ...

Editor's note: A version of this article was initially published on March 2, 2017. It is part of Morningstar's Tax and IRA Guide special report. You've run the numbers and determined whether your ...

This asset is liquid, easy to divide among beneficiaries, earns a decent interest rate, offers guaranteed returns, and is ...