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Dear Dave, How do you make sure you don’t spoil your child when you’re wealthy? —Ryan Dear Ryan, I know this will sound mean to some people, but you simply explain to them that they are not wealthy. I remember a time years ago, after we’d gone brok...

Should you be watching your investment portfolio? Reuters and several other business media reported last week that the S&P market index was less than a percentage point away from its all–time high. Even with that assessment, trading market volume is ...

The absolute lifeblood of the Bermuda Government revenue (valuable needed foreign currency) is derived from International Business (IB) in Bermuda. One of the largest component of IB are the reinsurance companies that specialise in the financial man...

Dear Dave, My parents have always had financial problems, and they recently lost their home. They have a place to live, but since that time my father has been asking me for money. He calls me over to talk about this when my mother isn’t there and my ...

Will the Twinkle return to Twinkies? After several weeks of heavy taxing (in more ways than one) discussions regarding the perception and direction of the country, it is time to look at some lighter matters. Thing is, in our rapidly changing world, f...

Dear Dave, My son has a $115,000 mortgage at 5.8 percent. He also has a home equity line of credit of $40,000 at 9 percent. Currently, he can get a 30-year loan at 3.5 percent, or a 15-year note at 2.75 percent. His take-home pay is between $70,000 a...

By Martha Harris Myron When the G8 Heads of State Summit meeting in Northern Island convened amid urgent, rampant press releases last week, the OECD world waited to see the results of the three point agenda proposed by Prime Minister David Cameron: a...

Dear Dave, I borrowed $30,000 from my aunt to buy a condo eight years ago. We had a deal that she would get her money back, plus a piece of the profits, when it sold. If there were no profits, she would get back her original $30,000. Recently the con...

Dear Dave, Is it ever too late to get life insurance? —Tiffany Dear Tiffany, The only time it’s really too late to get life insurance is after you’re dead! But seriously, if you’re older than 70 it becomes pretty difficult to get affordable coverag...

Bermuda is tired. We are tired of being called a tax haven nation. We are tired of watching partisan politicians imperiously attack Bermuda for so-called underhanded tactics while they are focused on their political future career prospects and surrou...