There are two things you should take care of before opening a Roth IRA: 1  Tuck away at least $1,000 in a savings account for emergencies. 2  Pay off your credit card debt. At the very least, make a significant dent in your debt and have a plan for its elimination.
David O. Whitten, Auburn University. The Depression of 1893 was one of the worst in American history with the unemployment rate exceeding ten percent for half a decade.
More than 3.2 million people are unemployed, up from 1.5 million before the October, 1929 crash. President Hoover remains optimistic, however, stating that all the evidences indicate that the worst effects of the crash upon unemployment will have passed during the next 60 days..