Liquid Money

Posted: December 11, 2013 in Private Reserve Strategy
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“We operate from a level of liquidity that no one else does.  We don’t want to operate on bank lines.” –Warren Buffett

It is amazing how the greatest investor alive understands the necessity of keeping money in a liquid (easily accessible/available) position, knowing there will come hard times; yet most people strap themselves to the bank with high levels of debt.  It is imperative to build a private reserve from which cash can be obtained in hard times.

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