liquid investments
Investing, Saving

What Are Liquid Investments? Explained With Clear Examples

Have you ever wondered what a liquid investment is? Or have you ever had someone ask you what your liquid net-worth is? A liquid investment or liquid asset is just a simple way to say, “I could turn this asset into money right now if I wanted to.” Liquidity is the ability to convert assets …

passive vs active income
Investing, Saving

Passive vs. Active Income And Four Examples of Each

You may have heard of income being either passive or active. But what does passive and active income mean? This article will discuss the key differences of passive versus active income, provide some examples of each, and highlight why you may prefer to create passive income streams rather than active income streams. Passive income is …