We're already seeing prices fall in many areas, and I think we have more pain to come.

Now the pain comes.

Paul,I feel your pain but once you get unconfirmed sick brother in the property it's going to be much worse.Tim

If you start to think beyond the short term pain of selling your car at a loss, you can see that it's actually a good financial move.Again, these numbers are made up but I suspect they are not totally out of line with reality.

She told me she's sold her jewelry, her possessions, her furniture..yesterday she sold her car.....she's in a world of pain right now...

It will be painful for a short time, but then we'll recover.

As long as you disclose that you are a licensed broker I don't see anything wrong with investing.But if it were me I would just put the license in escrow and just concentrate on investing seems like a pain in the neck situation having to make sure you are in compliance with RE laws in regards to brokering and personal deals.

I'm kind of in the same pickle, and don't see much alternative to something painful.

Honestly Amy, you won't have a mastery of money in your life if you're psychologically unable to give.

But this bubble is so huge that its going to take more like a few years, at best, of pain before we resume growing.