Talks about how to just keep going while dealing with depression. 

And do it safely and produce returns to boot.The most recent adverse cycle was the worst one since the great depression. 

Just last night I was on a foreclosure auction web site, so the parallel between the days of the Great Depression and our own recent Recession was interesting, but the contrast between the technology involved in selling these was striking!  

In the great depression, stocks declined about 89%.

Im soooo sick of being broke and seeing my family (that was very wealthy before) depressed stressed and unhappy.

I have found that many of these areas are very depressed and are negative cash flow investments to start with.

In addition, the problem with buying rentals in a depressed area that has a declining population is that rents can and do go down.

With the latter one, I'm really worried about so much inventory popping up in those areas, and me having to hold for quite awhile because all of the new inventory depresses sales values, and keeps rents from generating a good cash flow return.

.~$250k in equity in our small condo in Boulder, CO (worth about $530k right now) - we owe about $280k for 12 more years of a 15 year refiEmergency fund worth of cash (a bit low) and some insignificant retirement accounts ($10k and $30k, respectively)"Good" self-employment income, around $150k for both of us (it's all relative and that feels like pennies in Boulder)About $20k in credit card debt which should get paid off in a matter of a few months (we had some extraneous expenses in the recent past; long story; "won't happen again")About $16k car loan on my wife's Real Estate Mobile (she is a RE agent here in Boulder)I feel like we're the "Sam" character in Chapter 12 of the book - classically calculating our net worth looks OK, but calculating our "Real Net Worth" comes out depressingly negative.We really want to get started in REI, but of course we need to pay off our credit card debt and probably the car loan and save up $X first.Right?

The Securities Act of 1933 was established as part of FDR’s new deal, post-Great Depression to require either a registration of securities or exemption therefrom.