A disciplined investor also has money in bank accounts, bonds,
and other assets that offer growth or income opportunities. Diversification is
key to minimizing risk.
Knowing your net worth is important to your future financial success.
Knowing your net worth is important to your future financial success.
You can quickly convert current assets to cash — they’re more liquid; long-term assets have value, but you
can’t necessarily convert them to cash quickly — they aren’t very liquid.
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