Keep It Liquid
Keep it Liquid
Keep it Public and Keep it Liquid. These two go together. You want full liquidity when you invest your money. Why on earth are you going to invest in something that you cannot get your money for 10 years or more like a Non-Publicly Traded REIT or Variable Annuity? It doesn't make any sense in this world. You always want full liquidity with your investments. You want to be able to sell out of your investments without penalties. You want to be able to get your money wthin a few days, not 10 years or more. Come on people. Wake up. You would be a fool to lock up your money for 10 years or more and be subject to horrible penalties to get "some" of it back. Think about it, or as my dad used to say, "Use your head for something besides a hat rack."
Why do you think your broker or insurance agent wants to sell you investments that have no liquidity? It is because those are the ones that pay them the most in commissions! This is really the main reason you are sold these investments. You might think otherwise, but it is the sad reality.
Keep it Public and Keep it Liquid. You will be better off if you do.