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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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How to Invest in the Best Cryptocurrency Exchanges

By Tex Freitag

Ten years ago now, people had no idea that cryptocurrencies would transform into a prosperous financial market. Bitcoin, the first-ever cryptocurrency, was developed to revolutionize the current financial system. It gave rise to thousands of altcoins ...

Continue reading How to Invest in the Best Cryptocurrency Exchanges

December 20, 2021

Looking To Invest In Tangible Goods? Consider Loose Diamonds

By Sabado Domingo

For centuries, prudent financial planning meant possessing your assets as tangible goods rather than paper money. Items of true worth are accepted and valued across cultural and language barriers, and those with the means to do so have been insuring ...

Continue reading Looking To Invest In Tangible Goods? Consider Loose Diamonds

December 8, 2021

The Top 6 Businesses You Can Start with Low Investment Capital

By Sabado Domingo

financial statements explained

Whenever we hear about the idea of starting a small business, the thought that usually comes to our mind is to invest a sufficient or high amount of money for kickstarting any lucrative venture one could imagine. However, high investment capital is ...

Continue reading The Top 6 Businesses You Can Start with Low Investment Capital

November 20, 2021

Selecting Currency Pairs to Trade on the Forex Market

By Tex Freitag

A currency pair in forex trading refers to a quotation of two different currencies, specifically, it is the amount that you would pay in one currency for a unit of the other currency. Therefore, when one currency's value within the pair changes, it ...

Continue reading Selecting Currency Pairs to Trade on the Forex Market

November 2, 2021

5 Personal Finance Tenets That Aren’t as Smart as They Used to Be

By Len Penzo

When I was a kid I used to love the fun houses found at summer carnivals and local fairs. I loved the sense of twisted reality provided by image-distorting mirrors and the wacky side-rooms where water appeared to flow uphill and it was nearly ...

Continue reading 5 Personal Finance Tenets That Aren’t as Smart as They Used to Be

November 1, 2021

Silver and Gold: The Superheroes of Wealth Preservation

By Len Penzo

Back in 1964, a gallon of gasoline cost about 25 cents in the United States. That's right. Believe it or not, way back in 1964, you could buy a gallon of gas for a quarter. It just so happens that 1964 was the last year that the US Treasury minted ...

Continue reading Silver and Gold: The Superheroes of Wealth Preservation

October 25, 2021

Bullish Market or a Bubble? Three Historic Lessons We Can Learn From

By Tex Freitag

It's no secret that there has been an incredible increase in interest in the stock market lately. Unlike the nearly-record lows of the first and second quarters in 2020, today's stock market has been dubbed a super bull market by many analysts. ...

Continue reading Bullish Market or a Bubble? Three Historic Lessons We Can Learn From

October 1, 2021

4 Smart Financial Tips for Successful Property Investing

By Delan Cooper

If you are moving to Australia and would like to make a living off of property investment or starting a real estate business, there are many steps that you need to take in order to make this a success. Investing in properties is more than just ...

Continue reading 4 Smart Financial Tips for Successful Property Investing

September 15, 2021

18 Hacks for Saving Money When Buying Auto, Home, and Life Insurance

By Len Penzo

Those who fail to plan, plan to fail. And like it or not, planning for the unexpected by being properly insured is a big part of being financially responsible. That's because people who try to save a few bucks by not buying insurance can quickly end ...

Continue reading 18 Hacks for Saving Money When Buying Auto, Home, and Life Insurance

September 6, 2021

Roth IRA Loophole: The Backdoor IRA Hack

By Fiona

If you're looking to beef up your retirement savings, then you'll want to check out this Roth IRA loophole right now. Roth IRAs have been around since the introduction of the Taxpayer Relief act in 1997, and are considered to be a smart tool for ...

Continue reading Roth IRA Loophole: The Backdoor IRA Hack

August 10, 2021

What Are the Benefits of Investing in a Franchise?

By Sabado Domingo

There is an obvious appeal to building your own brand from the ground up, but this is often counteracted by many challenges. New businesses come with many unknowns, which eventually cause them to fail within the first few years of operation. ...

Continue reading What Are the Benefits of Investing in a Franchise?

July 23, 2021

An Insider’s View of the Millionaire Mind

By Kevin Mercadante

How do millionaires think? I spent years working in small business accounting so I've had a chance to know a number of self-made millionaires. As a result, I also got an insider's view of their financial positions and behavior -- both business and ...

Continue reading An Insider’s View of the Millionaire Mind

July 14, 2021

The Biggest Reason Why It May Be Smarter to Rent Than ‘Own’ a Home

By Charles Hugh Smith

We're constantly told ours is an ownership society in which owning a home is the foundation of household wealth. However, if we understand property taxes as a "lease from the local government for the right to gamble on another housing bubble ...

Continue reading The Biggest Reason Why It May Be Smarter to Rent Than ‘Own’ a Home

July 6, 2021

A Gold Trading Primer for Newbies

By Enero Febrero

Although gold is wealth insurance first and foremost, there are some people who prefer to buy it strictly as an investment. Whether you're a long term investor or a short term trader, gold trading is a legitimate alternative for diversifying your ...

Continue reading A Gold Trading Primer for Newbies

July 1, 2021

Bitcoin: How to Invest In This Incredibly Speculative Asset

By Sabado Domingo

The best way to experiment with any new asset class is by taking a small position in it. Buying bitcoin is a great way to experiment and experience this asset. However, it is also a fact that investments in bitcoin and other cryptocurrencies come ...

Continue reading Bitcoin: How to Invest In This Incredibly Speculative Asset

June 22, 2021

8 Good Reasons Why You Should Start Trading With CFDs

By Tex Freitag

More and more people are now becoming financially literate because information about how to save and grow money is already easily available and accessible online. While some are keen on investing in the stock market, others are delving into more ...

Continue reading 8 Good Reasons Why You Should Start Trading With CFDs

June 18, 2021

People Are Now Selling Their Homes For Bitcoin

By Sabado Domingo

Bitcoin has continued to gain popularity as a simple value transfer method for any product or service imaginable. As a result, selling real estate for bitcoin has become increasingly popular across the United States and the rest of the world. For ...

Continue reading People Are Now Selling Their Homes For Bitcoin

June 17, 2021

The Rise of ‘Meme Stocks’ and What It Means for Day Trading

By Tex Freitag

In the midst of a global pandemic that has driven most of us indoors to the privacy and convenience of the couch in front of the TV for our entertainment fix, you'd be crazy to invest in a movie theatre company, right? Well, maybe not. Witness ...

Continue reading The Rise of ‘Meme Stocks’ and What It Means for Day Trading

June 9, 2021

Calling Gen Z: 4 Key Financial Tips You Need to Know

By Sabado Domingo

With all the focus on millennials, it's hard to believe that the first wave of Gen Z has come of age and is now working and planning for retirement. Well ... some are. Others could use a nudge. Financial Finesse found through its Generational ...

Continue reading Calling Gen Z: 4 Key Financial Tips You Need to Know

June 9, 2021

Learn How To Easily Find The Right Broker For Your Needs

By Sabado Domingo

Looking for the right broker for your needs can be a never-ending process; many consider it to be time-consuming, and a fairly very boring process. This is why the need for specific guides has arisen over the past years. With that in mind, here are ...

Continue reading Learn How To Easily Find The Right Broker For Your Needs

June 4, 2021

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