Liquid asset is a very common financial term used by investors and consumers. Tangible liquid asset is cash or any type of negotiable asset that can be easily converted into cash .Gold coins, house, race horse,  exclusive games stones are liquid assets. There are two type of assets tangible and intangible. These two class has subclasses also fixed assets such as Gold, building, equipments and current assets such as inventory are the types of tangible. In intangible trademark, copyright, patents are there.

Jewelries can be our best friends. In a poor time when we need a huge amount of money, we can auction off our jewelry and can solve the problem of money. Many times we can see that celebrity-designed jewelry auction off for charity purpose.  Because the value of precious metals and exclusive games stone never ends it increases with time.