Pay Attention to the Small Things, Because They Add Up Quickly!

Light bulb vs. LEDShort term pain for long term gain. Many people will avoid spending $100-200 to replace their lights with a more efficient alternative.

Recently I replaced the last 16 bulbs in my house with LEDs, the investment of $128 will break-even in less than 18 months and save me approximately $2,000 over the next 20 years.

At this pace, assuming no increase in electricity cost for the next 20 years (which is unlikely), worst case scenario I will earn an annual ROI of 33.3%; which is far greater than the historical average ROI of the stock market historical average of 10.1% (8.7% adjusted for inflation). There are many cases when masterful saving can outperform systematic investing and it’s worth paying attention to.

Take a look:

energy

My electricity is amongst the least expensive in all of North America. My total savings would be $3,000 – $5,000+ if I lived in other geographical areas around the country.

The small things add up. Remember that!

Brent Mondoux
Founding Partner, Amplified Investments
brent@amplifiedinvestments.com
Investing in real estate

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One comment on “Pay Attention to the Small Things, Because They Add Up Quickly!

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