Question 12
[Fiscal and Economic Sense] Assuming all other market conditions being equal, consider your personal financial portfolio consisting of the following assets:
1. A 15-year-old residential apartment 2. An emergency fund parked in a liquid mutual fund 3. A 5-year tax-saving Bank Fixed Deposit
Arrange these assets in decreasing order of structural liquidity:
1-3-2
2-3-1
3-2-1
2-1-3