Martha Harris Myron, CPA, PFS, JSM, Master's of Law â€“ International Taxation and Financial Services, is a personal finance expert and offers cross-border financial planning for Bermuda residents with international connections through Bermuda, North America and Europe.
Jul 21, 2018 8:00 am
As part of our monthly series, The Bermuda Realistic Retirement Reviewer we continue our discussion of healthcare costs with a focus on retirees and those soon to retire.
Individuals who are retired or approaching retirement...
Jul 7, 2018 8:00 am
It is a scenario that will be familiar to thousands of Bermuda residents — a letter arrives regarding your accounts at local institutions. It contains requests to complete a new set of forms to verify who you are, where you live, where your tax...
Jun 23, 2018 8:00 am
Starting when you are young and saving consistently can lead to a comfortable retirement. Our monthly Bermuda Realistic Retirement Reviewer Series continues today with this great retirement success story from a Royal Gazette...
Jun 9, 2018 8:00 am
June is the biggest month of the year for weddings, and with that in mind we take a look at the many ways couples can assess their compatibility, including their approach to finances and especially shared finances.
This week’s article...
Jun 2, 2018 8:00 am
Do you remember being little? All the doting relatives asking what you were going to be when you grow up. Young children are always so truthful, so sincere, and breathtakingly honest.
Some children say they want to be a diver, while others...
May 26, 2018 8:00 am
This is a continuation of the Pondstraddler monthly series featuring questions from readers. A reader asked the following questions:
I’m a Bermudian with UK citizenship, while my spouse is an American. We retired to France and just...
May 19, 2018 8:00 am
This week, we feature the comment of retirees and those soon-to-be about their retirement experiences.
This is the first in the realistic retirement review series, once a month on the third Saturday of the month.
Today, we get into...
May 12, 2018 8:00 am
What is cryptocurrency? According to the Bermuda Virtual Currency Business Act 2018, virtual currency means a digital representation of value that:
• is used as a medium of exchange, unit of account, or store of value;
• is not fiat...
May 5, 2018 8:00 am
The Bermuda Government’s initiative in formalising relationships within the digital currency world culminated last week with the tabling of the Companies and Limited Liability Company (Initial Coin Offering) Amendment Act 2018, along with the new...
Apr 14, 2018 8:00 am
A number of United States investment market index milestones were reached in the last few months.
According to TD Ameritrade — MarketWatch in early January, 2018 “retail investor exposure to stock markets is at an all-time high”. This...
Mar 31, 2018 8:00 am
This is the first in the series of monthly Pondstraddler Life™ Financial Perspectives Reader FAQ.
Last week’s article, entitled “Are you a Pondstraddler”, invited interested readers with international connection concerns to take the...
Mar 10, 2018 8:00 am
Last week we posted the first part of the annual Bermuda financial literacy test. Here is the second and final section for those brave souls who want to stress their brains this weekend.
The total test of 25 questions is relatively easy...
Mar 3, 2018 8:00 am
Dear readers, we discussed the all encompassing role of mathematics in our economy, our lifestyles, and our very existence, last week.
We alone determine where we end up in our financial life. We can’t rely upon anyone but ourselves. We can...
Feb 24, 2018 8:00 am
Maths are everything. Maths are absolute. Maths are everywhere in our world in virtually every decision we make in our daily lives. Behind the scenes, maths calculations have become so mundane that we have become practically oblivious.
Feb 17, 2018 8:00 am
This is the final article of a three-part series discussing when a foreign national, such as a Bermudian or Bermuda resident, can be classified as a US tax resident under US tax regulations. This week is focused on what happens when a Bermudian...
Jan 27, 2018 8:00 am
To be financially literate is to be financially successful. Financial literacy is the buzz phrase of the day. Everyone is concerned, well, almost everyone — from global leaders to governments to teachers to unions to non-profit organisations due...
Jan 20, 2018 8:00 am
What will be next? In just the last six years, our global tax world has ramped up significantly more detailed tax compliance, residency reporting and filing information.
Driven initially by the United States and its Foreign Account Tax...
Jan 13, 2018 8:00 am
Maths rules the world — maths being a major component of the acronym Stem: science, technology, engineering, and mathematics.
Money is an absolute. It does not lie. Maths is a universal language, needing no translation. People of diverse...
Jan 6, 2018 8:00 am
Over the past few weeks we’ve all been busy preparing for the holidays, shopping for the holidays, experiencing the warmth of the holidays. Now that it is all over and the new year is here, it is back to reality. And with it comes the usual...
Dec 30, 2017 8:00 am
New Year is fast approaching, now almost 20 years into the new millennium. It’s once again a time to reflect, to put aside the past year’s less-than-positive outcomes in your work, relationships, health, and philosophies. Whether you defined...
Dec 23, 2017 8:00 am
A few years ago I started a column called “Good Reads for Christmas,” which was written for entertainment and inspiration at this time of the year.
Dear readers, we realise your tolerance level during the holidays for all things financial...
Dec 9, 2017 8:00 am
The act of Christmas holiday shopping conjures up highly amusing and sometimes outrageous scenarios on global social media.
For example there are images of individuals frantically besting (or beating up) each other for the most in-demand...
Dec 2, 2017 8:00 am
Disruptive change is here and with it comes a multitude of new buzz words ranging from blockchain and bitcoin, to ether, alt coins, and Power Ledger.
Most frequently associated with finance, blockchain technologic consciousness is sweeping...
Nov 25, 2017 8:00 am
In November for a number of years, I have written about being grateful as this season always seems to be the time for reflection on who we were as a community, who we are now, what we have, where we are going, and what we hope to achieve in our...
Nov 18, 2017 8:00 am
On November 5, Bermuda residents became stunningly aware of the radical vulnerability of our island’s economic success.
For more than 30 years, international business has poured billions into the local money supply, infrastructure...
Nov 4, 2017 8:00 am
This is the third and final article in our series about a Bermudian with US connections returning home and making a decision about permanent residence. Please be aware that this article is general in nature, and take note of the full disclosure...
Oct 28, 2017 8:00 am
There are numerous definitions for medium of exchange. The best one is from www.dictionary.com: “Anything generally accepted as representing a standard of value and exchangeable for goods or services.”
I prefer this definition. A medium of...
Oct 14, 2017 8:00 am
A Bermudian (and his foreign-born spouse) come home for permanent residence in Bermuda.
A reader FAQ featured on September 16, 2017 asked the following: “A Bermudian friend of ours is returning to Bermuda with his foreign spouse after two...
Oct 7, 2017 8:00 am
This is the final article of six, published between October 2 and 7, in support of the Bermuda Stock Exchange World Investor Week Quiz Challenge. Each article has a question embedded. Find the question and send your answer to...
Sep 30, 2017 8:00 am
Everyone needs a job, from the time that a child is relatively small through to virtually the end of adult life.
Work provides purpose and motivation: mentally, physically, financially, and sometimes, spiritually fulfilling. Work is not as...
Sep 16, 2017 8:00 am
“Going home, going home, I am going home — to a tax compliance maze.”
A reader asks: “Perhaps, heeding the call from our local politicians and business leaders, a Bermudian friend of ours is returning home to Bermuda with his foreign...
Sep 9, 2017 8:00 am
Last week, we spent considerable righteous energy discussing rogue employers who, with no conscience or compunction whatsoever, cheat their employees out of benefits that they are entitled to as mandated by Bermuda employment law.
Sep 2, 2017 8:00 am
As it is Labour Day on Monday, it is fitting to write this weekend regarding work as it relates to employer and employee roles, respect and benefits, or the lack thereof.
Bermuda is a unique jurisdiction in many ways. Don’t we know it!...
Aug 19, 2017 8:00 am
Having looked at how stamp duty can sometimes be avoided last week, this week we discuss the Primary Family Homestead Exemption Certificate application.
Various readers informed me that the PFHC application process has been taking anywhere...
Aug 5, 2017 8:00 am
Keep positive financial thought for this Cup Match weekend, and keep it real by knowing that just about every social life event revolves around relationships and money.
Having said that, it’s understandable that you aren’t going to be in...
Jul 29, 2017 8:00 am
A reader asked if I would write about cross-border estate taxation issues as they relate to Bermuda and the US, and the transfer of property in Bermuda.
I have done so by giving an opinion on the following questions.
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