Air is mainly composed of nitrogen, oxygen, and argon, which together constitute the major gases of the atmosphere. Water vapor accounts for roughly 0.25% of the atmosphere by mass.
Physical property, such as real estate, does not qualify due to the unpredictable length of the sales process. As retirement accounts, 401(k)s and IRAs operate both as liquid assets and non-liquid assets depending on the circumstance.
re: Roth IRA- is it considered a liquid assetPosted by Siderophore on 1/15/13 at 11:24 am to Siderophore. I personally put 2% of my checks in a savings account, and 3% into a taxable stock account for my emergency funds. That way, things are really dire if I get into my Roth. This post was edited on 1/15 at 11:25 am.