Preparing for the coming Economic Depression

[elderwolf@comcast.net]

I'm interested in developing a survival plan for the coming Depression. I'd like some advice on how to proceed. What I want to know is this:

1. I'm in sales now, and make $150k to $200k per year. I sell investor education for Investools. Will this industry likely dry up in the coming depression? If so, which industry should I look at to survive? Would selling medical equipment to Senior Citizens that's paid for by Medicare be my best bet? What do you suggest?

2. We're thinking of sending my wife to nursing school as we believe that industry/job will likely remain pretty solid through the next decade. Is this true?

3. As far as investing in the markets; in a depression, will being on the sell side rather than the buy side be a viable strategy to generate income? In other words, rather than buying stocks and/or calls and puts, is selling calls and puts, verticals, iron condors etc. something that will remain viable?

4. We've already downsized our cars, house, debts, etc. How extreme should we go as far as the house? Should we go small small small in order to survive?

To whom can I speak, or which book can I read that will answer these types of questions?

Thank you.

[attyroemer]

I read you questions and the answer is a fee only planner who you trust.I am an attorney but am expanding into this area. If you would like to contact me, please feel free.
Sincerely,
Robert Roemer