Question
Which of the following investments is NOT liquid?
1. Publicly-traded stocks
2. Cash equivalents
3. Real property
4. Mutual funds
1. Publicly-traded stocks
2. Cash equivalents
3. Real property
4. Mutual funds
Answers
GPT-4o mini
The investment that is NOT liquid among the options provided is:
3. Real property
Real property (real estate) generally cannot be quickly converted into cash compared to publicly-traded stocks, cash equivalents, and mutual funds, which can be sold or accessed more readily in financial markets.
3. Real property
Real property (real estate) generally cannot be quickly converted into cash compared to publicly-traded stocks, cash equivalents, and mutual funds, which can be sold or accessed more readily in financial markets.