<prompt> Human: My parents had some damage to their home from fallen trees in a major storm. Long story short the cost of repairs is about 40K more than insurance is giving them. They are taking out a home equity loan because they dont have liquid assets to pull from. Their nest egg is 2M plus. Their financial adviser has them heavily invested in preferred stock. Should I be worried about their liquidity? Any chance their financial adviser is taking them for a ride? Im a 3 fund investor. Outside of tax advantaged accounts I can turn everything to cash in just a few days. Seems insane to me that they dont have quick access to cash.  <response>: Wealthy non-redditors dont use their capital when they can get a tax deductible loan for 3-4. 