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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Comparing the Costs of Various Emergency Food Supply Options

By Len Penzo

Sometimes it's not easy being an ant. Especially when you're living among a bunch of grasshoppers. There's a well-known Aesop fable about an oblivious grasshopper who spent his summer days living the high life and mocking an industrious ant, who ...

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April 23, 2018

5 Reasons To Seriously Consider Investing In Blockchain Technology

By Enero Febrero

When you want to invest, it can be simple to just go with the same assets people have been investing in for years -- like a mutual fund. On the other hand, you might just consider investing in the new, hip, trendy blockchain tech. The Significance ...

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March 23, 2018

Things to Think About Before Investing in Cryptocurrencies

By Enero Febrero

In recent events, cryptocurrency has taken the markets by storm. Even if you don't entirely know or understand what cryptocurrencies are, it's very likely that you've heard it mentioned on the news or online. In a world that's rapidly becoming more ...

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March 2, 2018

An Expert Explains How to Avoid Common Artwork Scams

By Gayle Tate

Scams? Let me think about that. Scams? Wait for it ... Yup, the fine art market in America has scams. I should be asking, "next question?" but Len, in his supreme kindness, asked me to submit something about scams. Can anyone say "can of worms"? ...

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February 28, 2018

When an English Degree May Be a Sound Investment

By Tex Freitag

Although an English degree might not end up on Len's list of the 10 worst things ever bought, it might not be far from the truth for many American college graduates. Generally, in the United States a collegiate English degree is considered a ...

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February 21, 2018

The Pros and Cons of Automated Trading

By Tex Freitag

Auto trading, otherwise known as automated trading, algorithmic trading, or mechanical trading, allows traders to program specific rules into the trading platform through a computer. Entry and exit rules can be formulated according to simple ...

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January 17, 2018

Simple Tips to Make You a More Successful Forex Trader

By Sabado Domingo

Like Texas Hold 'Em poker, forex trading has sometimes been described as a game that takes minutes to learn but years to master. And many feel that the gambling comparisons do not end there. With the increase of trading apps and web platforms ...

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January 12, 2018

The 3 Biggest Lies Stock Brokers Tell Their Clients

By Robert Farrington

The sad truth is that most stock brokers are sales people. While they have a more glamorous name, their profession is sales: selling investors like you on a product so they can get paid. And just like used-car salesmen, stock brokers have been known ...

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November 1, 2017

Analyzing The Rise of OmiseGO: Ethereum’s First Unicorn

By Tex Freitag

The ETH blockchain has its first unicorn: OmiseGO. With the premise of "unbanking the banked," OmiseGO wants to disrupt the actual scheme of economy by bringing more power to the people and less to the banks. Nonetheless, this article won't ...

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September 23, 2017

4 Important Art Investment Tips for Newbies and Wannabies

By Gayle Tate

This morning I find myself running to my office with a package in hand, looking desperately for something to cut the tape with. A painting has just arrived by Priority Mail, and I can't wait to open it. It is something that was offered by a seller ...

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September 6, 2017

How Forex Brokers Earn Money

By Enero Febrero

The foreign exchange market involves buying and selling different currencies based on whether their value will appreciate or depreciate. This exchange takes place between traders and speculators. Forex is a high-risk market that trades $5 trillion on ...

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September 1, 2017

The Big Secret to Learning How to Manage Your Investments

By Enero Febrero

There was a time when the world of investments was relatively simple. For most people, it meant a home, a pension fund, a savings account and perhaps a few stocks and shares. All they had to do was sit back and watch them grow. These days, it's ...

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June 29, 2017

Why It’s Better to Be a Shareholder than an Employee

By Dora DeLellis

A common theme on financial blogs is how to retire early and enjoy the financial freedom that goes with it. Living off of dividends, interest, and other forms of passive income requires being a serious investor. Here's my take on becoming a full-time ...

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June 7, 2017

What’s Next for the Price of Crude Oil?

By Tex Freitag

The ongoing rivalries between the major oil-exporting countries are currently intensifying. Most large producers are hugely dependent on income from crude oil sales to support growth. While restricting supply drives up prices, pumping out more of the ...

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April 28, 2017

What Are the Brexit Implications on Gold?

By Benjamin Watt

The UK's decision to exit the European Union -- known everywhere as the Brexit -- was news that shocked the world. Financial markets are still reeling from the financial uncertainty unleashed by that landmark decision. Global markets reacted ...

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October 6, 2016

Coming Soon: The Greatest Wealth Transfer of All Time

By Len Penzo

Precious metals holders buy gold and silver because they understand that the majority of the modern financial world's assets are debt-based instruments and want to reduce their exposure to the resulting counterparty risk. Unfortunately, a large ...

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May 31, 2015

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 ...

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November 26, 2014

Are You Smarter Than a 5th Grader? Which Emotion Is More Powerful?

By Len Penzo

Those who are concerned with managing financial risk understand that, when it comes to investing, it's especially important to have a diversified portfolio -- at least in theory. It's also important to have an exit strategy in place whenever you take ...

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November 21, 2013

100 Words On: How Smart People Make High Risk Ventures Pay Off

By Len Penzo

Risk and reward are inextricably intertwined. Of course, the richest rewards come to those who are willing to take the biggest risks. The oft-forgotten corollary to that strategy is that, by its very nature, high risk endeavors also have a greater ...

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December 20, 2012

Flexible Spending Accounts Provide Free Money. Why Pass It Up?

By Len Penzo

The relentless rise of health care costs can really put a strain on your household budget.   Even with an insurance plan, health care expenses can add up when you consider most people still have to pay deductibles, copayments and other items not cover ...

Continue reading Flexible Spending Accounts Provide Free Money. Why Pass It Up?

November 17, 2009

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