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Joined 1 year ago
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Cake day: October 9th, 2023

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  • “Rigged” is an opinion.

    I don’t think it was rigged, but people routinely claim that due to the way the Electoral College works, all presidential elections are “rigged” in favor of the GOP. Similar claims have been made of recent Democratic primaries. Or that elections are rigged in favor of wealthy candidates, or incumbents.

    Courts aren’t going to decide whether it’s true that something is “rigged”, they need something more concrete.







  • Liquid means something can be sold quickly for its market value. In other words there are lots and lots of potential buyers bidding for it, so low-balling won’t work, so you will get a fair price. Whereas an illiquid investment, like real estate, has few potential buyers. If you are in a hurry to sell real estate, buyers can lowball you.

    Liquidity has nothing to do with whether it is wise to sell right now.

    Depending on what maturity rate

    T-bills are constantly bought and sold on the secondary market before maturity, the maturity value is built into the market price. If your T-bill matured in 10 years you could sell it tomorrow if you wanted, and you would get a fair price.

    You can find quotes here. Want a T-bill that matures on Mar 31? You can easily buy it. Or sell it.

    Not super liquid if you are considering taxes

    Taxes depend on if your investment was profitable, not liquidity. Something can be illiquid but subject to no taxes (if you lost money on it) or very liquid but subject to high taxes (if you made a lot of money).

    Of course, it’s possible that selling an investment today wouldn’t synergize with your particular tax avoidance strategy. But that’s not a liquidity problem, that’s a you problem.