| If you are like most individuals, you would prefer investments that are highly liquid. The only exception, of course, is your real estate investment. Then, how concerned should you be about investment liquidity? Liquidity refers to your ability to easily sell your investments at the last traded price. The importance of investment liquidity can be best understood in the context of a core satellite portfolio.
In this framework, your core portfolio is geared towards achieving your life goals such as your retirement expenses and funding your child’s college education. Your satellite portfolio is created to take advantage of short-term fluctuations in the financial markets...............................................Full Article: Source
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