The Investment Scientist

Posts Tagged ‘insulation

Person holding house

I got my power bill yesterday for the first time after moving into my new house. I instantly felt half a million dollars richer.

When we purchased the new house, one of the biggest concerns we had was the utility bill. The previous owners showed us that they spent $1,000 on power and gas each month and that number was pretty constant year round. The house was in good shape, but the windows had not been replaced for 20 years and were leaky.

So the first thing we did after settlement was to replace all the windows.

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Michael Zhuang is principal of MZ Capital, a fee-only independent advisory firm based in Washington, DC.

Twitter: @mzhuang

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