Liquidity Planing

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Jayanand Gidagar

Jayanand Gidagar (Querist)
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12 August 2010 Dear CAclubindians,

What is Liquidity Planing?

Regards,
Jayanand.

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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12 August 2010 Liquidity planning means to sale off all the assets and convert them into money.

When a business is not likely to be run in profits in future and heavy losses are already there; the management may take this decision.

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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12 August 2010 My Personal Suggestion:
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Each person should have sufficient liquid balance to be utilized for his old age.

I have seen so many persons who buy house in the age of 65-70 to live leisurely and by the time the house is completed; they go for another journey !

In old age; never invest in Gold, House Property or other fixed assets.

Keep it in liquid form so that one can enjoy his retirement life.

Our "shastra" says that a person should hold at least 1/3rd of his capital in liquid state, all the time. It will fetch decent opportunities where all the interest lost would be covered.

This proved true when we saw recession in US. People were not able to pay instalemnts who possessed good properties.

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