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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

The Pros and Cons of Investing in Gold Bullion vs. Gold Stocks

By Tex Freitag

Gold investment in South Africa has a rich history deeply ingrained in the country's economic landscape. Gold has long been revered as a valuable asset and a hedge against economic uncertainty in this region. Its allure stems from its historical ...

Continue reading The Pros and Cons of Investing in Gold Bullion vs. Gold Stocks

December 26, 2023

How to Invest In Yourself

By Mikey Rox

Are you trying to figure how you can invest in yourself? You should be. The good news is there are ways we can invest in ourselves that don't always require cash; sometimes the best ROI happens when we bet on ourselves by continually trying to be ...

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December 19, 2023

10 Old Wives’ Tales Masquerading As Financial Rules of Thumb

By Len Penzo

It's been said that if the palm of your right hand itches, you'll soon be coming into money. On the other hand (seriously, no pun intended), it's also been said that if your left palm itches you'll soon be paying out money. Don't laugh. There are ...

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December 4, 2023

One of the Biggest Money Mistakes a Household CEO Can Make

By Len Penzo

It's been said that failing to plan is planning to fail -- especially with respect to personal finances. And although you may be prepared, one of the biggest money mistakes any household CEO can make is to abandon their financial plan. Especially ...

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November 30, 2023

Using Food as an Alternative Investment Vehicle

By Len Penzo

Depending on which source you reference, as many as seven million Americans supposedly starved during the Great Depression. That number may be on the high side, but hard times are coming if the current global economic troubles cannot be contained and ...

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October 30, 2023

The 5 Best Investment Options During a Recession

By Sabado Domingo

As the old saying goes, what goes up must come down. And while the stock market has been on a tear in recent years, investors would be wise to remember that recessions are a reality of the business cycle. This begs the question: What are the best ...

Continue reading The 5 Best Investment Options During a Recession

September 6, 2023

What Is a Crypto Airdrop?

By Sabado Domingo

what is crypto airdrop

Crypto projects often distribute free tokens to crypto community wallet addresses to encourage the adoption of a well-known or new cryptocurrency. This is called an "airdrop" (literally: airdrop) and happens for various reasons.  The usdt ...

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August 7, 2023

Tips for Maximizing Your Investment Returns

By Sabado Domingo

If you're looking for tips on maximizing your investment returns, it's important to understand that being a savvy investor these days is not nearly enough. You also have to be sure you're investing in the most tax-efficient manner possible. A ...

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August 2, 2023

ADA to USDT: Navigating the Cardano-to-USDT Conversion Process

By Sabado Domingo

Investors and traders worldwide are taking notice of Cardano (ADA) as it gains popularity as a prominent cryptocurrency. As more individuals buy Cardano, they seek ways to convert their ADA holdings into other assets or stablecoins. One option many ...

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July 31, 2023

Good Financial Management: How to Make Yourself Richer by Understanding Money

By Sabado Domingo

Good financial management basically means taking the correct approach to your finances which in turn can help you to increase your net worth, to avoid financial difficulties and generally to be better off. Many of us think of good financial ...

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July 26, 2023

How to Maximize Your Real Estate Investment

By Corazon Gritar

If you've been looking to start investing, real estate has likely been something you've thought about or discussed with others. Of course, you also want to know how to maximize your real estate investment. Indeed, real estate investing can be an ...

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July 25, 2023

Expensive 401k Mistakes People Make

By Anum Yoon

If you're interested in saving for retirement, a 401k plan can't be beat. These employer-sponsored plans let employees save tax-free and choose from a range of investment options. The tax-free savings effectively lower your taxable income, which may ...

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July 18, 2023

How to Determine If Your Artwork Is Valuable

By Gayle Tate

When Marvin Gaspar came to my office for his appointment to discuss an appraisal, I had little clue where I would end up on the roller coaster ride he was about to take me on. Marvin was a claims adjuster from an insurance company who wanted an ...

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May 24, 2023

4 Things You Should Look for When Selecting a Binary Options Broker

By Sabado Domingo

Selecting a binary options broker is one of the most important decision an individual investor will make over the course of his or her trading career. With so many vendors out there, and such varying degrees in the quality of the services on offer, ...

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April 26, 2023

8 First-Time Investing Tips for Couples

By Mikey Rox

There are milestones to which most couples look forward and for which they prepare -- such as getting married -- but the same can't always be said for making joint investments. What you do with your money is an important and impactful consideration ...

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February 7, 2023

I Bonds Are Now Paying 6.89%; Here Are Those I Bond Pros and Cons

By Len Penzo

Many people are eager to learn about I bond pros and cons. The Honeybee and I bought $20,000 worth of United States' Series I savings bonds in May 2022 - known colloquially as "I bonds" - in order to take advantage of their current "risk free" ...

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November 2, 2022

Why Do Forex Traders Need Brokers?

By Sabado Domingo

Being an online trader gives an investor a lot of freedom. So it's understandable that some online traders balk at the notion of having to go through a broker to get into the forex market; but there are important reasons why you must go with a broker ...

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November 2, 2022

An Overview of the Different Forex Trading Methods

By Tex Freitag

When it comes to the financial markets, there are a whole host of different ways of getting involved. Trading foreign currencies on the foreign exchange (forex) market is one of the most popular with part-time traders who have other jobs - and even ...

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October 26, 2022

Perfection When Managing Money: Is Close Really ‘Good Enough’?

By Len Penzo

I'm not a big football fan. Oh sure, I occasionally enjoy watching football on television. But, unlike hockey and baseball, I rarely bother buying tickets to attend football games in person. That being said, my buddy had an extra ticket to a ...

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October 3, 2022

Forex Trading 101

By Tex Freitag

When trading currencies at a forex broker online, you find the currencies listed as pairs, e.g. EUR/USD, USD/JPY and GBP/USD. Any listed pair will also have a number next to it. For example: GBP/USD 1.2133. This means that if you can buy 1 GBP for ...

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September 13, 2022

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