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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: albaby1 SILVER
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Number: of 84361 
Subject: Re: Biden's billionaire tax rate fact checked
Date: 03/11/24 12:53 PM
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Unless it's in cash, it's "tied up". That's the definition of an investment, either short term or long term.

So what? Given the trivial transaction costs involved with converting stock in publicly-traded companies to cash - you probably won't even have to pay a commission - it's still worth almost exactly the same as cash at any given time.

Whatever (minor) reduction in value comes with the trivial loss of liquidity of being in easily converted marketable securities does not reduce the value of the assets to zero. Or even much at all.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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