At the same time, greatly heightened demand for safe and liquid assets encouraged shifts from equity markets into deposit assets. |
We recommend you hold around three to six months of your net salary in liquid assets. |
Ten percent of it must be in the form of Singapore government securities, with the rest in the form of cash or other liquid assets. |
There are no liquid assets aside from money, unless there is a central bank. |
Borrowers will also desire less debt, since balance sheet liquidity is a concept in which debt is netted against liquid assets. |
This is simplest if you have spare cash, shares or other liquid assets that can easily be siphoned off into a trust when you die. |