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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Mailbag: Buy a New Car With a Loan or a Used One With Cash?

By Len Penzo

Hi Len, I'm an avid reader of your website. Thanks for all the great information you share! I'm planning on buying a car soon. I'd like a decent car that won't give me too many problems, but I'm not sure if I should pay in full for an older model, or ...

Continue reading Mailbag: Buy a New Car With a Loan or a Used One With Cash?

December 1, 2025

Mailbag: How to Sell Your Gold and Silver

By Len Penzo

Hi Len, I read in your blog that you recommend APMEX for buying precious metals. I've saved money to buy some bullion and I'm ready to invest! I'm just having trouble researching how to sell my gold and silver when the time comes. Can you shed some ...

Continue reading Mailbag: How to Sell Your Gold and Silver

September 16, 2024

Mailbag: Should I Contribute to the 401k or Save for a Home?

By Len Penzo

I have been doing financial research and would love your opinion. I'm a young stay-at-home mom, and my husband just graduated from college. He got a great job within a few months of graduating, and we are looking toward buying a home. His job, also ...

Continue reading Mailbag: Should I Contribute to the 401k or Save for a Home?

March 25, 2024

Mailbag: What Happens to My Mortgage If the Dollar Hyperinflates?

By Len Penzo

Love your blog, Len. Let's just say it has opened my eyes, and for that I thank you. I've not been able to get a reasonable answer as to what happens when the dollar fails and mortgage holders are saddled with a house they can't pay for. Also, if the ...

Continue reading Mailbag: What Happens to My Mortgage If the Dollar Hyperinflates?

August 22, 2022

Mailbag: When It Makes Sense to Take the 401k Withdrawal Penalty

By Len Penzo

I'm a middle aged male, but have very little in my retirement because I never really see myself retiring in today's America. I have around $7500 in my 401k. Should I pay the penalty, which would give me about $4500 afterwards and put this money ...

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September 27, 2021

Mailbag: What Will Happen to Pensions If Hyperinflation Hits the Dollar?

By Len Penzo

Hi Len, I've been reading your blog for close to a year now and love it! Do you think traditional pension payments will increase in some way during hyperinflation? While anything can certainly happen in the financial chaos, it seems there would be ...

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August 16, 2021

Mailbag: What Happens to Stocks After a Currency Reset?

By Len Penzo

Hello Len, I'm a long time reader of your blog. I love your stuff. I agree wholeheartedly with your assessment of the coming dollar collapse leading to a reset. I cashed out of my 401k years ago and devote my extra money into precious metals as well ...

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September 24, 2018

Mailbag: Are US Savings Bonds Worth Buying Anymore?

By Len Penzo

So in light of the Federal deficit, devaluation of the dollar, lack of jobs, etc., what's your view of U.S. Savings Bonds these days? I have some, and can't find anyone talking about whether they're still a good investment. Yes, they earn relatively ...

Continue reading Mailbag: Are US Savings Bonds Worth Buying Anymore?

November 26, 2014

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