But, since I don't think a depression will happen and our society is not about to break down, I am still buying properties not disposing of them and keeping my cash securely in banks and brokerages.Anyone chanting the end of our financial system is near while still holding an asset like real estate or stocks is just blowing smoke.

I'm curious how much of the 700 B is actually going towards purchasing these distressed assets?

x2 Joshua's summary of the situation.A lot of the problem is the "mark to market" accounting method that is currently devaluing long term assets.

Any good ideas about how to find a list of who has assets here in Georgia?

I will take that to heart and try to be an asset to this site.Thank you again.

Cartus Corporation just got into the distressed asset management business.

From a joe six pack with $1 in the bank and no assets all the way up to a individual with over $150m in net worth.So I'm quite curious about the goal of developing a net worth of $1b starting out at 0 and working up to the $1b goal over many many years.

Things like using software like TurboTax or using a CPA with a strong history of successfully defending against audits.

I got into the survey work, positioning assets for oil companies in a marine environment, which led me to some networking and real estate deals, which led to my working for the investor group…..none of which are any less stressful than the previous jobs.I look forward to networking here and learning from more experienced people

Investment value differs with an individuals risk preference, financial situation, asset allocation etc.