Dev Raga Personal Finance
Episodes
212 investing truths
01 Mar 2022
Contributed by Lukas
In this episode Dev covers these 13 investing truths:👉🏾 asset allocation👉🏿 diversification👉🏻 the market is uncertain👉 understandi...
211 property covenants, zonings, overlays
22 Feb 2022
Contributed by Lukas
This episode covers some of the restrictions you might encounter when buying property or considering a knock down rebuild. Dev shares:👉🏾 a liste...
210 what is a margin of safety?
15 Feb 2022
Contributed by Lukas
Today's episode is all about what a margin of safety is in accounting, business, investing and personal finance. Plus Dev speaks a little on deep valu...
209 what is a financial bubble?
08 Feb 2022
Contributed by Lukas
In this episode, Dev unpacks:👉🏾a question from anon who has sold their investment property and has 500K in proceeds, what should they do?👉🏻...
208 what is a prenuptial or binding financial agreement?
02 Feb 2022
Contributed by Lukas
Today's episode is inspired by this listener question: Is a prenup something I should consider before getting married? How long before marriage should...
207 invest or pay off debt
25 Jan 2022
Contributed by Lukas
Should you put your spare cash in paying down debt or invest it? Dev explores this common question, touching on:👉🏻invest or pay off debt - is th...
206 what is tax efficiency part 3
18 Jan 2022
Contributed by Lukas
Dev discusses more strategies that can help to reduce tax, such as:👉🏾investment bonds👉super spousal contributions👉🏻property deductionsH...
205 what is tax efficiency part 2
11 Jan 2022
Contributed by Lukas
We're back with more tax efficiency tips! In this episode Dev discusses:👉dividends vs capital gains👉🏼trust structures👉🏽charitable donat...
204 what is tax efficiency part 1
04 Jan 2022
Contributed by Lukas
This is part 1 of a 3 part series on strategies to minimise tax. In this first episode Dev talks about:👉🏻salary packaging👉superannuation and ...
203 what is diworsification?
28 Dec 2021
Contributed by Lukas
In an effort to diversify your assets, it's possible to end up 'diworsifying'. Dev unpacks exactly what this means, touching on:👉🏾diworsificatio...
202 bond yields, inflation + interest rates
21 Dec 2021
Contributed by Lukas
In this episode, Dev talks about:👉🏽a Q from anon about super concessional contributions👉what is a bond?👉🏿what's inflation?👉🏻what ...
201 pay yourself first
14 Dec 2021
Contributed by Lukas
In this episode, Dev unpacks:👉🏾what is pay yourself first?👉🏿a practical example👉🏻the power of automation👉does super count towards...
welcome to my millennial money medical
13 Dec 2021
Contributed by Lukas
Hosted by Dev Raga and talking all things financial health and personal finance for healthcare professionals. Chat with us in the my millennial money ...
136 important announcement!
08 Dec 2021
Contributed by Lukas
In this episode I share important news about the future of Dev Raga Personal Finance! The survey mentioned in this chat has now closed. Thanks to all ...
135 gambling vs speculation!
17 Nov 2021
Contributed by Lukas
In this episode we answer a question about choice in investing and how to systematically approach it. Then we focus on the core concepts of speculatio...
134 what are CP funds? What is a buyers agent?
07 Nov 2021
Contributed by Lukas
In this episode we answer Dr Yud's question about constitutionally protected funds. We also talk about buyers agents, the pros and cons and what to co...
133: is inflation a problem?
21 Oct 2021
Contributed by Lukas
In this episode we answer a question from Andrew about whether it’s important to have income protection if they are a dual income family. Then we br...
132 what is the rule of 72?
10 Oct 2021
Contributed by Lukas
In this episode I warn our listeners about checking their super and investment statements for “advice fees”. I also discuss a simple concept calle...
bonus: Evergrande crisis explained!
29 Sep 2021
Contributed by Lukas
In this bonus episode I take a look at the Evergrande crisis, explain the issue and discuss the over arching lessons from it all.Any advice is general...
131 shares vs property!
28 Sep 2021
Contributed by Lukas
In this episode we discuss the pros and cons of shares vs property, look at the long term performance numbers, and what I prefer moving forward. We al...
130 what is asset protection?
15 Sep 2021
Contributed by Lukas
In this episode we discuss Sepun's question about costs of being a landlord. We then discuss the main topic of asset protection. What is it? What Are ...
129 Q&A session!
04 Sep 2021
Contributed by Lukas
In this episode, I answer the most common questions that are asked to me. Lots of interesting questions. Stay tuned!!Any advice is general financial a...
128 other options to bankruptcy?
29 Aug 2021
Contributed by Lukas
In this episode we discuss crypto staking, a question from Stefan. We also discuss the other options to bankruptcy: 1/ temporary debt protection, 2/ d...
127 what is bankruptcy?
19 Aug 2021
Contributed by Lukas
In this episode, we discuss Dr Z situation of contracting for a gp practice. We also discuss about the concept of bankruptcy, what is it, the implicat...
126 what is asset liability matching?
12 Aug 2021
Contributed by Lukas
In this episode we answer Dylan’s question about carry forward contributions for your super. The main topic is part 2 of decummulation strategy, and...
125 what is de-accumulation phase?
28 Jul 2021
Contributed by Lukas
In this episode we discuss the concept of de accumulation, and go into how dollar cost avging may not work in your retirement phase. This is part 1 of...
124 growth vs value investing
08 Jul 2021
Contributed by Lukas
In this episode we answer M’s question about how dividends are taxed. We also discuss the concepts of growth vs value investing. We also go into gee...
123 EVs: 100,000km Tesla Model 3 update
30 Jun 2021
Contributed by Lukas
In this episode we discuss the concepts of offset accounts, redraw facilities. The main topic is about cost comparison between own an EV and an ICE ca...
122 what is Kelly criterion? Late starters?
20 Jun 2021
Contributed by Lukas
In this episode we tackle the issue of late starters to saving and investing. Then we go deep into the concept of Kelly criterion.Any advice is genera...
121 what is pet insurance?
15 Jun 2021
Contributed by Lukas
In this episode, we discuss Jesse’s question about HIN and Chess sponsorship when it comes to broker. Our main topic for this episode is about pet i...
120 what is div 293? The sneaky tax!
08 Jun 2021
Contributed by Lukas
In this episode we discuss the concept of 1/ div 293 income, 2/ div 293 super contributions, 3/ excess contributions tax, 4/ excess contributions char...
119 getting a pet, the cost breakdown!
01 Jun 2021
Contributed by Lukas
In this episode we answer a question from Raiz, and show him how he can become a multi millionaire by keeping things simple. We go on to discuss the b...
118 what is DSSP?
21 May 2021
Contributed by Lukas
In this episode we revisit what dividend reinvestment means, discuss franking credits and how DSSP (dividend substitution share plan) is different. I ...
117 what is automation?
03 May 2021
Contributed by Lukas
In this episode we discuss automation, specifically in relation to paying yourself first. We break down costs, when it comes to vanguard personal inve...
116 savings rate vs investment returns!
17 Apr 2021
Contributed by Lukas
In this episode we discuss Dr P’s question about their problem: $1million in the bank. We then discuss the power of savings rates when it comes to i...
115: what are stock buy backs?
13 Apr 2021
Contributed by Lukas
In this episode we answer Dr DB’s question about dca or lump sum investing. We also do a deep dive on stock buy backs.Any advice is general financia...
114 investing for kids!
07 Apr 2021
Contributed by Lukas
This is a common topic request I get. In this episode we discuss the tax implications of investing for children. We also discuss investment bonds, ETF...
113 types of fraud part 2/2?
26 Mar 2021
Contributed by Lukas
In this episode we answer Mohsin’s question about automation. We also dwelve deep into the world of corporate fraud, accounting fraud, white collar ...
112 types of fraud part 1/2!
19 Mar 2021
Contributed by Lukas
In this episode we will discuss Dr X cryptocurrency fraud story, and go into detail about types of consumer fraud.Any advice is general financial advi...
111 what are rent to own home schemes?
06 Mar 2021
Contributed by Lukas
In this episode we answer a question from Neets who is a final medical student who asks: how to save for a home deposit and what concessions are there...
110 what is rentvesting?
03 Mar 2021
Contributed by Lukas
In this episode we will discuss the concept of rentvesting by using a typical example. Thank you Monique for suggesting this topic.Any advice is gener...
109 currency trading part 2/2
19 Feb 2021
Contributed by Lukas
We continue on to discuss the basics of currency trading. We cover leverage, pips, current exchange rates, factors affecting current demand and supply...
108 currency trading part 1/2
12 Feb 2021
Contributed by Lukas
In this episode we discuss currency trading, and use basic examples to highlight important points. In part 2, we will focus on pips, exchange rates, c...
107 investment property deductions!
05 Feb 2021
Contributed by Lukas
We have cracked 16000 unique listeners monthly!! In this episode we specifically focus on investment property deductions which are legal, and what is ...
106 Gamestop, my thoughts!
29 Jan 2021
Contributed by Lukas
What happened this week with Gamestop, and where to from here. I break it down in the simplest form, and provide my thoughts on an evolving story.Any ...
Q&A: 10 common questions!
23 Jan 2021
Contributed by Lukas
Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you shoul...
105 what is salary packaging?
21 Jan 2021
Contributed by Lukas
In this episode we discuss the concept of salary packaging / salary sacrifice. Subtopics include: capped vs uncapped benefits, meal and entertainment,...
104 how are indexes weighted?
12 Jan 2021
Contributed by Lukas
In this episode we tackle index weightings. There are three main ways indexes are weighted: 1) market cap, 2) price weighted, 3) unweighted. We also a...
bonus: money lessons from 2020!
31 Dec 2020
Contributed by Lukas
In this episode I reflect on the major lessons I have learnt from 2020 from a money, debt, personal finance and investing perspective. Happy new year!...
103 points, percentages, basis points!
22 Dec 2020
Contributed by Lukas
In this episode we will tackle a listener question about the temporary residence absence rule. We also do a deep dive into the points, percentage chan...
102 what is a dividend reinvestment plan (DRP)?
15 Dec 2020
Contributed by Lukas
In this episode I discuss the concepts of dividend reinvestment plans and fractional shares. I use examples to highlight each of these concepts.Any ad...
101 what are market cycles?
08 Dec 2020
Contributed by Lukas
In this episode we discuss a listener situation, a young medical student has already started to invest. Well done. We discuss the phases of market cyc...
100 back to basics! My story!
01 Dec 2020
Contributed by Lukas
In this episode I discuss how and why I started this channel, and will provide 10 basic steps to get started with your personal finances.Any advice is...
099 little known deductions!
17 Nov 2020
Contributed by Lukas
This is the last episode in my deductions series. In this episode we discuss little known deductions such as ATO interest, superannuation concessional...
098 what are self education expenses, tools/equipment?
10 Nov 2020
Contributed by Lukas
In this episode, Raymond gives us a tip about early stage innovation company. We also discuss self education expenses and tools and equipment. This is...
097 what are home office deductions (Covid 19 period inclusive)?
04 Nov 2020
Contributed by Lukas
In this episode we discuss the various ways you can use to calculate home office deductions. 1) short cut method, 2) fixed costs method, 3) actual cos...
bonus: markets and presidential elections
30 Oct 2020
Contributed by Lukas
After reading a lot online about people waiting to invest due to the uncertainty of next week's presidential elections, we discuss the presidential el...
096 work related clothing expenses
27 Oct 2020
Contributed by Lukas
In this episode we discuss listener questions about de accumulation assets. The main topic is about work related clothing expenses with many examples ...
095 what are vehicle related expenses?
20 Oct 2020
Contributed by Lukas
This is part 2 of my mini series on tax deductions. Let's discuss vehicle related expenses, travel expenses and the two main methods of car deductions...
094 income and deductions!
13 Oct 2020
Contributed by Lukas
In this episode we will discuss the concept of income and deductions. There are differences between a tax deduction vs a tax credit. This is part 1 of...
093 EV cost analysis: 12 months of driving a Tesla
06 Oct 2020
Contributed by Lukas
In this episode we do a deep dive into the costs of owning an EV. I also discuss some of the quirks and annoyance of my EV - the Tesla model 3 SR+.Any...
092 angel investing vs venture capital
16 Sep 2020
Contributed by Lukas
In this episode we tackle the concepts of angel investing and venture capital. Thank you to Welwyn for topic suggestion.Any advice is general financia...
091 investing in bull and bear markets!
08 Sep 2020
Contributed by Lukas
In this episode we tackle bull and bear markets and discuss their definitions. We go into detail about various strategies active investors may want to...
090 having a written financial plan
01 Sep 2020
Contributed by Lukas
In this episode we answer a listener question about 30-30-20-20 budget strategy. We take a detailed look at a financial plan, and the important elemen...
bonus: Dr David Keir (Dental Head Start) interview with Dev Raga (3.8.2020)
27 Aug 2020
Contributed by Lukas
I was fortunate enough to be featured in an interview with Dr David Keir who is the host of Dental Head Start Podcast. In this episode we go back to t...
089 prospect theory and disposition effect?
25 Aug 2020
Contributed by Lukas
In this episode, we will extend deeper into behaviour finance topics such as prospect theory and disposition effect!Any advice is general financial ad...
088 what is utility theory?
18 Aug 2020
Contributed by Lukas
In this episode, we will discuss the concept of utility, utility theory and how it's very relevant to our personal financial situation almost daily.An...
087 what are investment bonds?
11 Aug 2020
Contributed by Lukas
In this episode we answer listen questions about mortgages on personal homes and investment homes. We also dive deep into investment bonds!Any advice ...
086 what is Bitcoin?
28 Jul 2020
Contributed by Lukas
In this episode we will discuss about bitcoin, which is a specific cryptocurrency.Any advice is general financial advice only which does not take into...
085 what is blockchain?
21 Jul 2020
Contributed by Lukas
In this episode we will discuss about blockchain technology and use analogies to understand its real world applications.Any advice is general financia...
084 what is liquidity?
16 Jul 2020
Contributed by Lukas
In this episode we will discuss the concept of liquidity when it comes to finances. Subtopics include: market liquidity, accounting liquidity, ratios,...
083 what is an IPO?
30 Jun 2020
Contributed by Lukas
In this episode we will discuss the concept of an initial public offering (IPO).Any advice is general financial advice only which does not take into a...
082 aim for $1.6million in retirement!
23 Jun 2020
Contributed by Lukas
In this episode we discuss the basics of superannuation and why it makes sense to maximise your super contributions.Any advice is general financial ad...
081 is this a bull trap?
16 Jun 2020
Contributed by Lukas
In this episode we will discuss listener questions about ETFs, LICs, and why sometimes doing nothing is the most important decision. We will go into d...
080 asset allocation strategies and rebalancing
09 Jun 2020
Contributed by Lukas
In this episode we discuss various asset allocation strategies and the concept of rebalancing. We also get geeky and discuss subtopics of rebalancing ...
079 the pitfalls of passive investing!
02 Jun 2020
Contributed by Lukas
In this episode we discuss the major pitfalls of passive investing, is there an index investing bubble, and what is over diversification?Any advice is...
078 what is price to book ratio (P/B)?
26 May 2020
Contributed by Lukas
In this second part we continue to discuss fundamental stock analysis for active investors. We look at price to book ratio and what it means, along wi...
077 what is price to earnings ratio (P/E)?
19 May 2020
Contributed by Lukas
In this episode, we discuss about the power of time in the market and discuss price to earnings ratio. We use examples to highlight the merits and pot...
076 what are corporate actions?
12 May 2020
Contributed by Lukas
In this episode, we discuss a listener question about the ASX 200 index. We also focus on corporate action and the various subtypes including mandator...
075 what is financial risk?
05 May 2020
Contributed by Lukas
In this episode we discuss the concept of financial risk and use examples to relate it to personal finance.Any advice is general financial advice only...
074 what is SRI and ethical investing?
03 May 2020
Contributed by Lukas
In this episode we discuss the core concept of socially responsible investing (SRI) ethical investing. We also discuss the plans for retirement from a...
073 how to measure your financial security?
28 Apr 2020
Contributed by Lukas
In this episode we answer anonymous question about superannuation. I also discuss the main ways you can measure your financial security.Any advice is ...
072 what is short selling?
21 Apr 2020
Contributed by Lukas
In this episode we discuss the concept of hedging, speculation and short selling. I use examples to discuss each concept.Any advice is general financi...
071 what is quantitative easing? Tesla update!
17 Apr 2020
Contributed by Lukas
In this episode i provide a 6 month update on my Tesla model 3. I also discuss where the government stimulus package is going to come from.Any advice ...
070 recessions and depressions!
08 Apr 2020
Contributed by Lukas
In this episode we discuss recessions, is Australia at risk? We also discuss the theories behind why they happen. We also discuss briefly about a depr...
069 what are annuities?
26 Mar 2020
Contributed by Lukas
In this episode we discuss public health principles of social distancing, and also an investment type known as annuities!Any advice is general financi...
068 markets and pandemics!
10 Mar 2020
Contributed by Lukas
In this episode, I discuss how markets have reacted historically to pandemics. We also look at bull v bear markets, and update on current global facto...
067 what is behavioural finance?
20 Feb 2020
Contributed by Lukas
in this episode I discuss the concepts in behavioural finance such as mental accounting, herding, anchoring, self attribution. I also discuss biases i...
066 income protection changes may come!!
06 Feb 2020
Contributed by Lukas
In this episode we discuss the upcoming proposed changes to income protection insurance policies.Any advice is general financial advice only which doe...
065 dividends vs distributions
23 Jan 2020
Contributed by Lukas
In this episode we discuss dividends and how it's similar and different to distributions. We also go into detail about franking credits and refunds an...
064 what is capital gains and losses?
02 Jan 2020
Contributed by Lukas
In this episode we discuss the key concepts of capital gains and capital losses. How do they get treated at tax time?Any advice is general financial a...
063 fees, fees, fees part 2!
19 Dec 2019
Contributed by Lukas
In this episode we will discuss a real life example of how fees can kill your retirement nest egg.Any advice is general financial advice only which do...
062 what is PSI?
05 Dec 2019
Contributed by Lukas
In this episode we will tackle the all important topic of personal services income. We will also discuss a systematic way to find out if paying your m...
061 what is a trust?
21 Nov 2019
Contributed by Lukas
In this episode we discuss the latest news about Vanguard entering the superannuation industry in Australia, and also reduction in their fees. The mai...
060 choosing a real estate agent
14 Nov 2019
Contributed by Lukas
In this episode we discuss a systematic approach to selecting the best real estate agent to sell your home!Any advice is general financial advice only...
059 is private health insurance worth it?
07 Nov 2019
Contributed by Lukas
in this episode we discuss the power of focusing on 1 action to achieve goals. We also dwelve into the world of health care in Australia, and the worl...
058 the economics of electric cars!
24 Oct 2019
Contributed by Lukas
In this episode I discuss my personal story of converting to an EV from a previous ICE car.Any advice is general financial advice only which does not ...
057 what is a credit report and a credit score?
17 Oct 2019
Contributed by Lukas
In this episode we discuss in depth about credit reports and credit scores.Any advice is general financial advice only which does not take into accoun...
056 what are derivatives (financial)?
10 Oct 2019
Contributed by Lukas
It's my first episode back from holidays and I am refreshed. Let's talk financial derivatives, pros and cons and risks. There are 4 main types of fina...
055 there is a recession coming!
12 Sep 2019
Contributed by Lukas
In this episode we discuss lessons from the past gfc1.0. We discuss strategies to prevent your personal finances to take a hit from the next recession...