Your Questions About 10 Golden Rules Of Investing

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Charles asks…

Would it be better to receive a 5% raise and then an 8% raise or the other way around? Why?

Please help me with my final algebra question ASAP.

Justin answers:

The golden rule of finance is a dollar today is worth more than a dollar tomorrow. You would always rather have the money sooner rather than later so you can invest the money and make interest on it.

If you take the 8% raise and have $10,800 in Year 1, you will have $300 more to accumulate interest on than if you had taken the 5% raise first and had $10,500. You can make interest on the money by putting it in a savings account or purchasing U.S. Treasury bonds to be as safe as possible. If you feel like taking a risk and trying to gain a higher return, you could try investing the money in the stock market.

Regardless of the order of raises, your salary will be $11,340 eventually as Missy mentioned, but the opportunity to invest the money yourself makes taking the higher raise earlier the smarter option.

*Note- If this is truly an Algebra question, make sure you say you plan to invest the money you receive from taking the 8% raise early or your teacher might not understand you.

Good Luck

Thomas asks…

does anyone know a way to force yourself to sleep?

i am very down and refuse to drink or use drugs and never have but i just want a way to get away from it all…. and please dont be all like “its okay just wait”, “SUCK IT UP”, or “you cant do that its not the healthy thing to do….. anyways if you guys could please describe how to make yourself sleep it would be marvelous. thank you

Justin answers:

Your sleeping pattern will be adversely affected by sedentary behavior , lack of regular sleep pattern and use of stimulants eg: coffee , alcohol or nicotine

and now i will introduce you to the golden rules for good sleep:

1- Establish a bedtime routine , with regular times for going to bed and getting up.

2- Sleep only as much as you need to feel well rested and wake up feeling refreshed

3- Get up at the same time every day -lying in on days off disturb sleep patterns, taking a 10- 20 minute afternoon power nap is better option for your body

4- Make your bedroom quiet and relaxing ! Reduce unwanted noise and light . Invest in good mattress and pillows and keep the room cool

5-Don”t go to bed hungry – carbohydrates have a mild sleep – enhancing effect , so try toast , cereal or some fruit . Large meals close to bedtime are hard to digest ; keep to light snacks and avoid sugary, spicy or fatty foods wich act as stimulants .

6- Avoid drinks containing caffeine ( coffee, some teas , colas and chocolate ).

7- Early evening exercise will promote sleep ! Your body temperature rise and later falls , making it easier to sleep . Try not to exercise too close to bedtime ( within 2- 3 hours )

8- Consider relaxation techniques eg. Deep breathing relaxing each limb in your body

9- If you wake at night – get up, do something relaxing in another room( jigsaws are recommended) and then return to bed later .
For ore tips you can find me at

Paul asks…

What are some ways I can “go green”?

So far all I do is: recycle, donate clothes and other belongings to Good Will or Plato’s Closet when I dont want/dont fit in them anymore, and unplug my cell phone charger when it’s not in use. What are some other ways I can “go green?”

Justin answers:

There are many ways you can go green here are just a few

-The golden rule of conservation RRR (Reduce, Reuse, Recycle). Reduce the amount of stuff you buy, the amount you throw away, the amount of energy you use and whatever else you can think of. Reuse anything you can, despite what everyone says recycling isn’t the best thing for the environment, it takes a lot of energy, oil, and water to recycle a bottle of water. So instead reuse what you can (but don’t overdo, reusing a water bottle more than 3 times can cause chemicals to leech into your water). Recycle anything you can’t reduce or reuse, although it uses resources its still better to recycle than to make a new product from scratch

-Unplug appliances when you go to bed: over 20% of a households electricity use comes from appliances that are turned off, but still plugged in and draining power. The worst culprits are computer screens, printers, and home entertainment systems. Anything that has a tiny light, or uses a remote control is pulling electricity from the grid. Before going to bed, unplug your electronics, or if that’s too troublesome, use power strips and flip the switch on those. You help the earth and you help your wallet.

-Reduce the amount of meat you eat (or if you want to go all out, become a vegetarian): It can take thousands of gallons of water to produce a pound of beef (some say upwards of 2,500 gallons). Livestock produce massive amounts of Methane (CH4) which is a much more potent greenhouse gas than CO2. Whenever energy moves from one trophic level to the next (moves up the food chain) 90% of the energy is lost. For example, if a plant absorbs 100 units of energy from the sun, and then a cow eats it, the cow will get 10 units of energy, and then if a human eats the cow, they get 1 unit of energy. This loss of energy happens because energy is used up while living (it takes energy to beat a heart, to keep a body warm, and to grow leaves). Because of this energy loss, livestock uses up 10 times more land than plants to provide the same amount of energy to a person. Imagine how much would be conserved if everyone in America ate 1 less pound of beef a week.

-Grow your own food: Depending on where you live this may or may not be an option. Going to buy food at the grocery store is bad for the environment because you use gasoline to drive there and back, the store uses electricity for lights and air conditioning. The packaging of your food needed to mined, processed, shipped, labeled, filled, and shipped again to reach you, and more often than not the packaging ends up the trash.

-use only natural chemicals in your home: there are over 100,000 industrial chemicals in circulation today and less than 1% have been tested for synergistic interactions in people and less than 0.1% have been tested in the environment. Using industrial chemicals in cleaning products or as pesticides is a serious threat to ecological stability, because of these chemicals entire lakes have become devoid of life, cancer is rampant, and toxic mixes are constantly forming in the environment. Think about this, DDT was banned years ago, but it can still be found in bird populations across the U.S. It can even be found in Alaska where the pesticide was never used!

-Invest in renewable energy: this is not an option for many people due to the cost. The initial capital required to install solar panels or a wind turbine is very high and depending on where you live may not be feasible, however if this an option for you there is no better way to go green.

-walk, or a take a bike, or public transportation: suffice to say this one is obvious, the less you drive you car the better off we are. The less CO2 gets into the atmosphere, the less oil we use the less trash we produce. As a bonus it’s healthy for you too

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