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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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How I Was Bitten by the Expiring Reward Points Scam

By Len Penzo

Life is full of hassles. Some are really big, like losing a job. Others are more of an annoyance, like changing your place of residence. Then there are the really irritating ones that make you scratch your head and throw your hands up in complete ...

Continue reading How I Was Bitten by the Expiring Reward Points Scam

September 14, 2015

Black Coffee: No, It’s Not Different This Time

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. Let's get right to it ... Credits ...

Continue reading Black Coffee: No, It’s Not Different This Time

September 12, 2015

Black Coffee: The Labor Day Edition

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... If you live in the US, I hope you're enjoying the long holiday weekend! Okay, off we go ... Credits and Debits Debit: Labor Day is finally here, but with a record 94 million ...

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September 5, 2015

Comparing a 2008 Camry to a New One: Which Car Is the Better Deal?

By Len Penzo

Ah, yes. I remember when I took the plunge and bought a new car of my very own for the first time. I also remember getting an earful from many of my readers after I wrote about it. Of course, I should have expected it; most of my readers are ...

Continue reading Comparing a 2008 Camry to a New One: Which Car Is the Better Deal?

September 2, 2015

Black Coffee: So, Where Did All of the Buy-and-Hold Investors Go?

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. Let's get right to it this week ...

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August 29, 2015

Black Coffee: It’s Time to Set Your Financial Doomsday Clocks

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. Okay, off we go ... Credits and ...

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August 22, 2015

Black Coffee: A Few Economic Gravity Lessons from a Super Genius

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. Let's get right to it this week ...

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August 15, 2015

Why Maintaining Older Cars Isn’t as Costly as Most People Think

By Len Penzo

Parents, if you want your kids to become independently wealthy, don't encourage them to go to college; tell them to open up a car repair shop instead. I say that because I just paid my mechanic almost three-thousand bucks for services rendered. I ...

Continue reading Why Maintaining Older Cars Isn’t as Costly as Most People Think

August 10, 2015

Black Coffee: It’s Official … The Business World Really Is All Wet

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. I'm on vacation -- which is why I've ...

Continue reading Black Coffee: It’s Official … The Business World Really Is All Wet

August 8, 2015

Inflation Deniers Are Foolishly Emboldened by Gold’s Struggles

By Clint Siegner

The vultures are circling. Precious metals bulls, laid flat by gold and silver prices dropping for the fifth week in a row, are watching deflationists such as Harry Dent and the financial media squawk about the imminent demise of precious ...

Continue reading Inflation Deniers Are Foolishly Emboldened by Gold’s Struggles

August 2, 2015

Black Coffee: All We Need Is a Little More Faith and Optimism

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Can you believe it's August already? Hard to believe summer is just about half over. Okay, off we go ... Credits and Debits Debit: Americans who have read the fine print in their ...

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August 1, 2015

Black Coffee: They’re the Government and They’re Here to Help

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. I've been out of town all week, and I ...

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July 25, 2015

Black Coffee: Ripoffs, Bailouts, Sellouts and Sales

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. Let's get right to it this week ...

Continue reading Black Coffee: Ripoffs, Bailouts, Sellouts and Sales

July 18, 2015

Black Coffee: Heard Any Good Keynesian Economist Jokes Lately?

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. A mathematician, an accountant and a ...

Continue reading Black Coffee: Heard Any Good Keynesian Economist Jokes Lately?

July 11, 2015

Black Coffee: The Independence Day Edition

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... The USA is celebrating its 239th birthday this weekend. Hooray! For the record, it was on July 4th, 1776, that the United States officially divorced itself from English rule. With that in ...

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July 4, 2015

Black Coffee: Why Many of Us Will Soon Have to Do More With Less

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. I was out of town for most of this ...

Continue reading Black Coffee: Why Many of Us Will Soon Have to Do More With Less

June 27, 2015

Black Coffee: The “Hot Investing Tips” Edition

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. Summer is finally here and it's ...

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June 20, 2015

Black Coffee: Can You Spare $175 Quadrillion for a Cup of Joe?

By Len Penzo

It's time to sit back, relax and enjoy a little joe ... Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance. Let's get right to it this week ...

Continue reading Black Coffee: Can You Spare $175 Quadrillion for a Cup of Joe?

June 13, 2015

Social Security and My $152,000 Challenge to Uncle Sam

By Len Penzo

I've been a proud, full-time, member of the American workforce since 1988. Since then, I've earned approximately $2.4 million in base salary -- excluding bonuses, stock option cash-outs, and other income streams. It also excludes the money I ...

Continue reading Social Security and My $152,000 Challenge to Uncle Sam

June 9, 2015

Why the Economic End Game Is Finally Upon Us

By Len Penzo

Let's face it, folks: If the world economy was healthy it wouldn't be stuck in a period of excruciatingly slow -- if not downright negative -- real growth while trillions in central bank currency are being printed and poured into the international ...

Continue reading Why the Economic End Game Is Finally Upon Us

June 7, 2015

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