Dev Raga Personal Finance
Episodes
401 what is downside risk?
16 Jan 2024
Contributed by Lukas
Welcome to a new season, and a new name! Long time listeners might find it familiar...😉 In this episode Dev unpacks the concept of downside risk, t...
top episode: money in your 40s & 50s
09 Jan 2024
Contributed by Lukas
In todays episode replay, Dev shares some money moves to consider making in your 40s and 50s, including:👉🏾 managing debt👉🏿 reviewing your ...
top episode: money in your 30s
02 Jan 2024
Contributed by Lukas
In today's top episode replay Dev shares 6 money milestones for those in their 30s, including:👉🏾 getting personal insurance, private health insu...
top episode: money in your 20s
26 Dec 2023
Contributed by Lukas
Happy holidays, we're bringing back a listener favourite! In today's episode replay Dev suggests 6 money tips to master in your 20s.We hate email spam...
351 what is rightsizing?
19 Dec 2023
Contributed by Lukas
In this episode Dev explains the concept of right sizing, including: 👉🏾 methods of rightsizing👉🏿 the steps involved👉🏻 the pros and c...
350 what is downsizing in business?
12 Dec 2023
Contributed by Lukas
In this episode Dev explains the concept of downsizing as it relates to businesses and companies, touching on:👉🏻 examples👉 reasons for downsi...
349 an interview with RACGP President Dr Nicole Higgins (cost of health care, workforce challenges + more)
05 Dec 2023
Contributed by Lukas
In this episode Dev chats with Dr Nicole Higgins, President of the Royal Australian College of General Practitioners (RACGP). They touch on:👉🏾 a...
348 income per unit time vs income per unit effort
28 Nov 2023
Contributed by Lukas
In today’s episode Dev explains his concept of income per unit time and income per unit effort, touching on:👉🏾 what is income per unit time👉...
347 credit ratings and agencies
21 Nov 2023
Contributed by Lukas
In today’s episode Dev discusses credit ratings and credit agencies, covering the following topics:👉🏾 what is a rating?👉🏿 the big 3👉🏻...
346 bond basics
14 Nov 2023
Contributed by Lukas
In today's episode we're going over the basics of bonds! Dev unpacks:👉🏼 what is a bond?👉🏽 terminology👉🏾 bond ratings and callability...
345 an interview with Dr Tony Chen part 2 (travel philosophy, tips & hacks)
07 Nov 2023
Contributed by Lukas
In this episode we're continuing our conversation with Dr Tony Chen who shares his unique travel philosophy including:👉🏾 why he moves house ever...
344 an interview with Dr Tony Chen part 1 (radiology, childhood, why he doesn't invest in super + more)
31 Oct 2023
Contributed by Lukas
In this 2-part interview Dev chats with Dr Tony Chen who some of you may know from the Frequent Flying Doctors Facebook group! In this episode Tony sh...
343 what is the Dunning-Kruger effect?
24 Oct 2023
Contributed by Lukas
In today's episode Dev explains the Dunning-Kruger effect and how it can affect your investing or career, plus how you can avoid it.📝 Episode trans...
342 teaching kids about money, defined benefit scheme & what is income protection
17 Oct 2023
Contributed by Lukas
In today's Q&A Dev discusses: 👉🏻 how to teach money skills to your kids👉 what is a defined benefit scheme within super👉🏾 and what i...
341 is debt consolidation a good idea?
10 Oct 2023
Contributed by Lukas
Is it a good idea to consolidate your debt? Dev explains how debt consolidation works, the pros & cons to consider and how it differs from refinan...
340 what is the three bucket strategy?
03 Oct 2023
Contributed by Lukas
In today's episode Dev unpacks the three bucket retirement strategy, touching on:👉🏾 emergency savings and liquid assets👉🏿 medium term hold...
339 ten rules for investors
26 Sep 2023
Contributed by Lukas
On today's show Dev explains the ten rules every investor should keep in mind:👉🏾 reversion to the mean👉🏿 the markets always overcorrect👉...
338 the impact of investment fees
19 Sep 2023
Contributed by Lukas
The power of compounding also applies to investment fees so it’s important to know what you’re paying when you invest! In this episode Dev touches...
337 saving vs investing
12 Sep 2023
Contributed by Lukas
Let's take it back to basics! In this episode Dev unpacks:👉🏻 should you save or invest 'pay yourself money'?👉 the pros & cons of saving👉...
336b an interview with Dr Dean part 2
06 Sep 2023
Contributed by Lukas
In the second part of this interview Dev and Dr Dean chat about:👉🏾 how Dean invests👉🏿 his thoughts on debt👉🏻 he and his partner's FI...
336 an interview with Dr Dean part 1
05 Sep 2023
Contributed by Lukas
In part 1 of this 2-part interview, medical doctor Dr Dean shares some of his career journey in medicine, savings habits and tips for productivity at ...
335 salary packaging & HECS, rising health care costs, elective egg freezing + more
29 Aug 2023
Contributed by Lukas
In this Q&A episode Dev touches on:👉🏾 the private health industry post-covid👉🏿 vet careers and earning less than what people may think...
334 investment bonds, investing via a trust, tips for graduates + more
22 Aug 2023
Contributed by Lukas
In today's Q&A Dev discusses:👉 paying off debt fully vs creating an emergency fund and paying debt off gradually👉🏼 investment bonds👉 e...
333 an interview with Owen Rask part 2 (value investing, index fund bubble + more)
15 Aug 2023
Contributed by Lukas
In today's episode we're continuing part 2 our chat with Owen Rask from the Rask Group talking about:👉🏾 value investing and how to value a compa...
332 an interview with Owen Rask part 1
08 Aug 2023
Contributed by Lukas
In today's episode we're chatting with Owen Rask, cohost of the Australian Finance Podcast and founder of the Rask Group. Owen shares about his career...
331 an interview with Kate Campbell
01 Aug 2023
Contributed by Lukas
In today's episode, Dev chats with Kate Campbell from the Australian Finance Podcast about:👉🏻 her story👉🏾 FIRE👉🏿 her career👉 supe...
330 game theory and investments
25 Jul 2023
Contributed by Lukas
In today's episode we're chatting about how the concept of game theory applies to investing! Dev touches on:👉🏻 what is game theory and how does ...
329 money wins: an interview with Dr Ted
18 Jul 2023
Contributed by Lukas
In today's money wins episode Dev chats with Dr Ted, a junior doctor from Victoria. Ted and Dev discuss:👉🏾 tips for junior doctors & interns...
328 an interview with Captain FI part 2
11 Jul 2023
Contributed by Lukas
In today's episode we're continuing with part 2 of the interview with Captain FI chatting about:👉🏾 his investment strategy and income streams👉...
327 an interview with Captain FI part 1
04 Jul 2023
Contributed by Lukas
In today's episode, retired pilot Captain FI joins us for a special interview about his journey to reaching FIRE at the age of 30. In part 1 Captain F...
326 what is accumulative advantage?
27 Jun 2023
Contributed by Lukas
In today's episode Dev explains how we experience accumulative advantage in everyday life and investing, also touching on the Matthew Effect and the c...
325 how to choose an index fund
20 Jun 2023
Contributed by Lukas
Let's explore the fundamentals of what an index fund is, how they work and what to consider when choosing one. In this episode we cover:👉🏾 what ...
324 EVs: 200,000km Tesla Model 3 update
13 Jun 2023
Contributed by Lukas
It's that time of year again, the annual EV update. Today's episode gets into the ins and outs of owning a Tesla Model 3 touching on:👉🏾 purchase...
323 getting into medical school part 2
06 Jun 2023
Contributed by Lukas
Today's episode is part 2 of our chat with Jason and Matt from MissionMed about getting into medical school. Make sure to listen to last week's episod...
322 getting into medical school part 1
30 May 2023
Contributed by Lukas
Due to plenty of interest in this topic we are taking a break from money to chat about getting into med school in this two-part discussion with Jason ...
321 what is intrinsic value?
23 May 2023
Contributed by Lukas
If you've heard the term intrinsic value mentioned by investors like Warren Buffet but not known what it meant, today we're breaking down the concept....
320 an interview with Ben from Forever Vacation
16 May 2023
Contributed by Lukas
Dev recently took a holiday and had a great experience with private tour company ForeverVacation so he invited co-founder and CEO Ben Dolgoff onto the...
319 home and contents insurance
09 May 2023
Contributed by Lukas
Do you have home and/or contents insurance? In this episode we're covering:👉 the difference between home insurance and contents insurance👉🏼 d...
318 side hustle ideas, money tips for junior professionals, retirement super balance + more
02 May 2023
Contributed by Lukas
In today's Q&A Dev touches on:👉🏾 burn out in health care👉🏻 is additional income worth it if it's heavily taxed?👉🏿 super balance ...
317 what is an inverted yield curve?
25 Apr 2023
Contributed by Lukas
Today we're digging into yield curves and more specifically the inverted yield curve. In this episode Dev talks about:👉 what is yield?👉🏼 divi...
316 money wins: an interview with Luke
18 Apr 2023
Contributed by Lukas
Luke is a commercial electrician in his early 30s who is killing it with his money journey! In this inspiring chat Dev and Luke discuss:👉🏻 his l...
315 retirement money mistakes
11 Apr 2023
Contributed by Lukas
In today's episode we're covering 12 money pitfalls to avoid before and during retirement! Related listening 🎧028 what is sequence of returns risk?...
314 what is a commodity?
04 Apr 2023
Contributed by Lukas
Today we're unpacking the concept of commodities and if they are something investors can make money on. We touch on:👉🏾 what actually is a commod...
313 what is the pareto principle?
28 Mar 2023
Contributed by Lukas
Have you ever heard of the pareto principle or the 80/20 rule? In today's episode Dev talks about:👉🏾 some listener feedback on ATO payment plans...
312 fundamental vs technical analysis of shares
21 Mar 2023
Contributed by Lukas
Today we're unpacking the various types of financial markets and two methods used by sophisticated investors to analyse these financial markets.Relate...
311 financial lessons from athletes
14 Mar 2023
Contributed by Lukas
Today we're discussing some of the financial lessons that we can learn from some of the wealthiest and broke athletes in the world. We look at both th...
310 the stages of retirement
07 Mar 2023
Contributed by Lukas
Retiring can be a difficult lifestyle transition after years in the workforce so it's important to start planning before you retire. Today we're unpac...
309 private health insurance
28 Feb 2023
Contributed by Lukas
In today's episode we're diving deep into the world of private health insurance with a comprehensive break down of what it is and how it works. Dev ta...
308 accrued leave vs overtime, charging what you’re worth, hedging, LICs + more
21 Feb 2023
Contributed by Lukas
We're back with another Q&A! In today's episode Dev unpacks questions about:👉🏾 accrued leave, time in lieu & paid overtime👉🏿 finan...
307 money wins: an interview with Dr Nick
14 Feb 2023
Contributed by Lukas
In today's money wins episode we interview Dr Nick (name changed for anonymity), a millennial doctor and investor with a multi-million net worth. Nick...
306 what is the bullwhip effect?
07 Feb 2023
Contributed by Lukas
Today on the show Dev breaks down the supply chain phenomenon called the bullwhip effect, touching on:👉🏾 how supply chain dynamics work👉🏿 ...
305 types of economic recoveries
31 Jan 2023
Contributed by Lukas
Recessions are normally followed by an economic recovery, do you know the different types? Dev explains:👉 what an economic recovery is👉🏼 the ...
304 buying a home or investment property
24 Jan 2023
Contributed by Lukas
In today's episode Dev chats about:👉🏾 is buying a home worth it?👉🏿 buying your own home vs investing in property👉🏻 what gets noted i...
303 can money buy happiness?
17 Jan 2023
Contributed by Lukas
Can money buy happiness? Dev thinks it's the wrong question to be asking. Let's talk about it. Today's episode touches on the science behind happiness...
302 recessions, depressions, causes, protections
10 Jan 2023
Contributed by Lukas
Today's episode is all about recession: what it is, what causes it and what you can do about it. Dev touches on:👉 what is a recession vs what is a ...
301 calculating returns
03 Jan 2023
Contributed by Lukas
If you're an investor you would want to ensure you're making money not losing it, so how are investment returns calculated? Dev explains some differen...
255b an interview with Ryan about locuming pt 2 (rates, locum overseas, non doctor locuming + more)
28 Dec 2022
Contributed by Lukas
This episode is part 2 of the interview on locuming with Ryan from 1Medical locum agency! In this chat Dev asks Ryan:👉 can a locum agency become an...
255 an interview with Ryan about locuming pt 1 (working with agencies, onboarding, travel allowance + more)
27 Dec 2022
Contributed by Lukas
Many of our listeners are doctors who have a ton of questions about locum work so Dev unpacks them with special guest Ryan Kevelighan who is the Direc...
254 money wins: an interview with Maz
20 Dec 2022
Contributed by Lukas
In this episode special guest Maz joins us on the show. Maz is a physiotherapist who left her public position to work in a private practice setting. W...
253 locum work, transferring property to family, my portfolio has lost money, salary packaging + more
13 Dec 2022
Contributed by Lukas
Continuing on from last week's Q&A, Dev answers more of your questions:👉🏾 are medical financial advisers better than general advisers?👉🏿...
252 DCA vs lump sum investing, careers outside of clinical work, ATO payment plans + more
06 Dec 2022
Contributed by Lukas
Today's episode is packed with some great listener questions touching on:👉🏾 how do ATO payment plans work?👉🏿 dollar cost averaging vs lump...
251 car insurance tips
29 Nov 2022
Contributed by Lukas
When it comes to your car insurance, do you know the pitfalls to avoid and how to negotiate a better deal? Dev unpacks it all touching on:👉 why car...
250 an interview with Aussie Firebug part 2
22 Nov 2022
Contributed by Lukas
On today's episode Dev and Aussie Firebug continue their interview touching on:👉🏾 AFB's investing strategy 👉🏿 achieving FIRE and the ...
249 an interview with Aussie Firebug part 1
15 Nov 2022
Contributed by Lukas
Today on the show Dev interviews blogger and podcaster Aussie Firebug talking all things money, mindset, life and of course his FIRE journey. In part ...
248 what is stagflation?
08 Nov 2022
Contributed by Lukas
You probably know about inflation but have you heard of stagflation? Dev explains the concept, touching on:👉 what is stagflation, inflation and def...
247 money wins: an interview with Harry
01 Nov 2022
Contributed by Lukas
Dev chats with Harry who is an accountant about some of the small money wins he has had so far. They talk about saving, investing, and how the small t...
246 money in your 60s and beyond
25 Oct 2022
Contributed by Lukas
Today's episode is the last of the life stages series focusing on a few core things to consider in your 60s and beyond. Dev touches on:👉 asset allo...
245 money in your 40s and 50s
18 Oct 2022
Contributed by Lukas
Dev talks about some money moves to consider making in your 40s and 50s, including: 👉🏾 managing debt👉🏿 reviewing your net worth to see if ...
244 money in yours 30s
11 Oct 2022
Contributed by Lukas
We're continuing our life stages series and this one's for anyone in their thirties. Dev recommends 6 things to focus on with your money, including:👉...
243 money in yours 20s
04 Oct 2022
Contributed by Lukas
What are the best things you can do with your money in your 20s? Dev suggests 6 things to try and master!🛑 Please read our disclaimer + warnings be...
242 an interview with Dr Tyron March
27 Sep 2022
Contributed by Lukas
Today we're chatting with Dr Tyron March. He's an ICU doctor based in Brisbane, a personal finance enthusiast and the author of Medical Money: A Pract...
241 what is an annuity
20 Sep 2022
Contributed by Lukas
In today's episode Dev explains the purpose of an annuity and how someone might use it as part of their retirement strategy. He covers:👉 what is an...
240 what is hedging?
13 Sep 2022
Contributed by Lukas
In this episode Dev explains the concept of hedging including:👉🏼 what is a hedge? (no, not the green bushy stuff!)👉🏽 how hedging strategie...
239 what is due diligence?
06 Sep 2022
Contributed by Lukas
In this episode Dev breaks down the concept of due diligence including:👉🏻 what due diligence is👉 is it illegal if you don't do it?👉🏼10 ...
238 divorce vs separation, property settlement, parenting arrangements
30 Aug 2022
Contributed by Lukas
Heads up, this episode touches on sensitive topics relating to divorce and separation. If this is upsetting you may want to skip this episode or take ...
237 what are reverse mortgages?
23 Aug 2022
Contributed by Lukas
What's the difference between a normal mortgage and a reverse mortgage? Dev explains and touches on:👉🏾 how they work👉🏿 how much equity is ...
236 Q&A: wealth building strategies, money in super or offset, tax deductions + more
16 Aug 2022
Contributed by Lukas
Dev answers more listener questions:👉 what's the difference between ETFs and managed funds?👉🏼 should I put more money into my super or my of...
235 Q&A: working rurally, property vs shares, BAS, GST & sole trader income
09 Aug 2022
Contributed by Lukas
Dev discusses your questions around:👉 working rurally as a health professional - the benefits and tips to consider👉🏼 filling out BAS, how GS...
234 an interview with JL Collins
02 Aug 2022
Contributed by Lukas
Today on the show we are stoked to talk with a special guest who joins us all the way from the States, JL Collins. JL is a financial independence blog...
233 superannuation part 3
26 Jul 2022
Contributed by Lukas
What options do you have in retirement and how do you access your super? Dev talks all about this in the third and final part of the super mini-series...
232 superannuation part 2
19 Jul 2022
Contributed by Lukas
We're continuing with part 2 of our superannuation mini-series and we cover a lot in this one so strap in! Dev talks about:👉 spousal contributions ...
231 superannuation part 1
12 Jul 2022
Contributed by Lukas
Over the next few weeks we're deep diving into the world of superannuation. In part 1 of this mini series Dev covers the basics - what super is, how i...
230 what are biases & how do they affect your investing?
05 Jul 2022
Contributed by Lukas
None of us are immune to bias! Dev unpacks 13 types of biases that you may or may not have heard about and how they can affect our personal finance &a...
229 how to pick a stock broker
28 Jun 2022
Contributed by Lukas
There are so many stock brokers out there, which do you pick? Dev explains the basics of what a broker does and how to pick one that suits your needs....
228 what is modern portfolio theory?
21 Jun 2022
Contributed by Lukas
Heads up, loads of geeky stuff in today's chat! Dev explains the ins and outs of modern portfolio theory (MPT) touching on these concepts: 👉🏼 di...
227 tax time Q&A with an accountant
14 Jun 2022
Contributed by Lukas
Tax season is here and so is our very first episode with a guest! Tax & Business Adviser, Andrew Haber from Altus Financial joins Dev to answer al...
226 singles and money
07 Jun 2022
Contributed by Lukas
Whether you're single or in a relationship, the basic principles of good money management still apply. Dev shares the pros and cons of being single wi...
225 EVs: 150,000km Tesla Model 3 update
31 May 2022
Contributed by Lukas
Dev shares his thoughts on electric vehicles and discusses the ins and outs of owning a Tesla Model 3 such as:👉🏾 purchase price👉🏿 cost of ...
224 what is net asset value (nav) + using a non-bank lender
24 May 2022
Contributed by Lukas
In today's episode Dev explains:👉🏿 what is net asset value (NAV) and how does it relate to net worth?👉🏽 does NAV actually help with making...
223 burnout, self care + defence housing
17 May 2022
Contributed by Lukas
Burnout is unfortunately very common in the workplace, especially amongst healthcare workers, and it can impact your finances in a variety of ways. Re...
222 stock market myths + wrap accounts
10 May 2022
Contributed by Lukas
Dev unpacks 10 myths about the stock market:👉🏾 investing in the stock market is gambling👉🏿 the stock market is only for rich people👉🏻...
221 couples and money
03 May 2022
Contributed by Lukas
If you're in a relationship, how you decide to manage money with your significant other is very personal. Here are 3 ways that couples can share and s...
220 practice ownership: things to consider!
26 Apr 2022
Contributed by Lukas
Dev covers the ins and outs of owning your own health care practice and re-negotiating contracts. Thanks Campbell and Jo for your questions! Dev unpac...
219 Q&A: risk profiles, borrowing to invest, life insurance, parental leave, planning for kids + more
19 Apr 2022
Contributed by Lukas
In today's episode we're discussing your questions. Make sure to be part of our facebook group for health care workers where you can ask a question fo...
218 budgeting strategies
12 Apr 2022
Contributed by Lukas
The best budgeting strategy is the one that works for you. In this episode Dev shares a few, including: 👉🏻 4 budgeting strategies to manage your...
217 macro-economic vs micro-economic factors
05 Apr 2022
Contributed by Lukas
Dev breaks down some examples of macro-economic and micro-economic factors and ultimately how they affect us and the economy. He also explains how bus...
216 active vs passive income
29 Mar 2022
Contributed by Lukas
Using active income to invest in assets which generate a passive income is a common strategy when working towards becoming financially independent. In...
215 Q&A: investment property costs, burnout, ethics + more
22 Mar 2022
Contributed by Lukas
Some great questions and topics from the my millennial money medical community. Today Dev discusses:👉🏾 deductible vs non-deductible debt👉🏿...
214 what is the bid-ask spread?
15 Mar 2022
Contributed by Lukas
In this episode Dev chats about:👉🏾 Thopian's question: How long can I rent out a property without paying capital gains tax on its sale👉🏿 w...
213 debt repayment strategies
08 Mar 2022
Contributed by Lukas
The best method to pay down debt is the one that works for you! In this episode Dev shares:👉🏾 what is consumer debt👉🏿 revolving vs non-rev...