I just realized that well over a year from now – as late as October 15, 2010, I will be doing (tax) valuations as of early 2009 for people who have extended the filing of their 2009 tax returns.
Who knows what the world will be like then…but more importantly, will we remember and be able to document how bad things were NOW – the horrible psychology, the lack of data on how severe the economic and financial decline actually was, and the invisibility of a recovery?
I have begun collecting a series of articles from print and online sources and will be using them to summarize what it is like, just for purposes of these retroactive valuations. I think you should do this, too.