are you asset rich , cash poor ?

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let’s say , you are living in a house ,which is your primary residence

you also have another home , which you have rented out and has appreciated quite a bit over the years

you also have a cash flow problem – the money coming in is not enough – the expenses are increasing – college for kids is taking up a lot of your income and less money is left for other things

in this case , you are considered asset rich , cash poor

how do you solve this issue ?

sell your second home – get the cash and invest it in other places – a high rate term deposit / fixed deposit – which could solve your cash flow problems

part of it could go into dividend paying stocks , index funds , mutual funds – increasing your exposure to the growing stock market

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