Make sure your liquid assets are really liquid

I have now played the cash flow game for real for over a year.

One of the lessons I learned just by watching my own finances was that I was able to borrow a ton of credit card money at zero percent interest for 6 to 9 months.

I then took the money and invested in "liquid" assets.

At first this was wonderful because I was making money and paying zero percent interest.

However, when the credit cards jumped up to the normal interest rate, I started to try and get my money out of some of my investments.

2008, as you know, has been the year where "liquid" investments aren't really that liquid.

I am still trying to get my money out of some of these investments, meanwhile, the interest on these credit cards and higher payments continue to eat me alive.

Lesson learned. When investing, always plan on the worst case scenario because it might become a reality.

Thanks,

Burke Bennett
http://www.seidahohomes.com/
burkebennett@hotmail.com
208 589 5599