Portfolio Clarity Foundations
Investable Capital
Definition
The portion of total wealth that is liquid and available for investment decisions right now.
Why it matters
It separates what you can act on from what is locked illiquid or committed elsewhere.
What most investors miss
The gap between what the term means and how it is usually applied.
They include illiquid or locked assets in their mental model of what is available. This leads to allocation decisions that cannot be executed.
How to read it
Read it as the actionable layer of net worth. Not everything you own is deployable.
Multi-account lens
How this term reads differently across brokers and accounts.
Across accounts investable capital is only accurate when cash positions across all brokers and wallets are counted and reconciled.
Related terms
Terms that connect to investable capital.
Idle Cash
Cash sitting in a brokerage or wallet account that is not invested and not earning meaningful return.
Cash Position
The total amount of uninvested cash held across all accounts in the portfolio.
Net Worth
Your total assets minus total liabilities across the accounts that belong to your wealth picture.
Continue only if the next question is clearer now
Diagnosis first, then workflow, then fit.
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