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The Importance of Liquidity in Investment
The common denominator I found is that every every year there's going to be a certain amount of time that's going to pass where there’s going to be tremendous volatility and uncertainty. So from a structure perspective, you always want to build into your total financial plan, your wealth management plan, having cash on hand. Cash is king because when you have cash, you have the ability to take advantage of certain inefficiencies that exist. Even if something is quote unquote bad, if it's at the right price, it's a good investment.