Dev Raga Personal Finance

In this episode Dev unpacks the three pillars of investing: risk, return, and volatility. He covers: 👉🏿 how to figure out your personal risk tolerance 👉🏻 why chasing high returns usually means more risk 👉 what volatility actually means (and why it’s normal) 👉🏼 what is the efficient frontier 👉🏽 how diversification helps manage risk 👉🏾 the impact of inflation on long-term returns 👉🏻 mod...

Please note that this episode was recorded before the May 2025 Federal Election. In today's episode Dev unpacks the proposed Division 296 legislation which will impact super balances of $3 million and above. He touches on: 👉🏾 superannuation concepts 👉🏿 the function of super 👉🏻 what is the div 296 tax? 👉 who will it impact 👉🏼 any exceptions or special rules You can read more about the legi...

In today's episode Dev explains what a listed investment company is and how it works. He covers: 👉🏾 the investment options 👉🏿 management and fees 👉🏻 the difference between LICs and LITs 👉 examples of LICs 👉🏼 and their pros and cons Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth. Need a mortgage broker? Check out https://www.spherehomeloans.com.au Need...

In today's episode, Dev sits down with Felipe Araujo, CEO of Generation Life, to unpack everything you need to know about investment bonds. They cover: 👉🏽 what investment bonds are and how they work 👉🏼 who investment bonds are most suited to 👉🏿 tax benefits compared to investing outside a bond 👉🏻 how asset protection and estate planning features work 👉 fees, investment options, and h...

In this episode, Dev sits down with Dr Carmen Brown, an American-trained OB/GYN who made the bold decision to leave the US healthcare system and start a new life and career in Australia and New Zealand. They dive into Carmen’s medical journey, the brutal realities of student debt and burnout in the US, and why Australia & New Zealand offered not just better working conditions, but a new lease...

Let's talk about debt! Dev covers: 👉🏿 what is debt? 👉🏻 deductible vs non deductible debt 👉 what is debt recycling 👉🏼 the pros and cons of debt recycling Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth. Need a mortgage broker? Check out https://www.spherehomeloans.com.au Need to review your personal insurances? Head to https://skye.com.au We hate email spa...

In today's episode Dev unpacks the concept of a doom loop, touching on: 👉🏿 what it is and how it works 👉🏻 what is a flywheel effect? 👉 the main causes 👉🏼 and how to break the doom loop Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth. Need a mortgage broker? Check out https://www.spherehomeloans.com.au Need to review your personal insurances? Head to https...

In this episode, Dev chats with Vanessa* who is a practicing dentist and private practice owner about her 30+ year journey in dentistry. From getting into dental school to navigating staff management and overheads, Vanessa shares what it’s really like to run a dental practice and how she’s built long-term wealth along the way. *Name changed for privacy. Her journey includes: 👉🏾 getting into dent...

The 4% rule is a go-to for retirement planning, but does it actually hold up? In this episode, Dev Raga breaks down what the rule gets right, where it falls short, and how you can tweak it for a more secure future. He dives into: 👉🏻 why the 4% rule was created and if it still works today 👉 how market downturns and fees can derail your retirement 👉🏼 the hidden power of paying off your mortgage...

Jeff* is 25, a junior doctor, and already owns a home with a growing $120K share portfolio. He joins Dev to share how he got here including his journey through private medical school, navigating doctor-friendly home loans, and the investing strategy that’s setting him up for financial freedom. *Name has been changed for privacy. Jeff's story touches on: 👉🏾 the cost of private medical school &amp...

Some investing strategies come and go, but the best ones stand the test of time. In today's episode Dev shares 5 timeless investing principles to help you build lasting wealth, including: 👉🏾 having a clear financial plan 👉🏿 why diversification is key 👉🏻 minimising your investment costs 👉 having a long-term perspective 👉🏼 and knowing when to stop playing the game Dev Raga Personal Finance...

Today's episode is a special one as Dev sits down with Sarah*, a GP who shares her deeply personal and inspiring journey with money. Sarah shares how an arranged marriage ended in divorce and how she rebuilt financial freedom for herself and her children. *Name has been changed for privacy. Sarah's story touches on: 👉🏾 her med school journey in the UK 👉🏿 growing up with a scarcity mindset in a...

More income, more security...right? Not always. In this episode, Dev unpacks the "two-income trap," a concept made famous by Elizabeth Warren, and why earning more doesn’t always mean financial freedom. He touches on: 👉🏾 what the two-income trap is and why it matters 👉🏿 how rising fixed costs (housing, childcare) eat away at extra income 👉🏻 why dual-income households can still face financial...

One of the questions that commonly gets asked from doctors and other professionals is how to plan for retirement, as many struggle to settle into retirement after working for 30+ years. In today's episode, Dev chats with Joanne Earl, Professor of Psychology at Macquarie University. They touch on: 👉🏾 the 6 buckets to focus on in your transition to retirement 👉🏻 is working long term a bad i...

In today's episode, Dev explains the concept called "paradox of thrift". He touches on: 👉🏾 what it is 👉🏿 real world examples such as a recession 👉🏻 the circular flow economic model 👉 Keynesian economics 👉🏼 it's flaws and criticism Related episodes: 🎧 070 recessions and depressions ! Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth. Need a mortgage broke...

In today's chat, wills and estates lawyer Marlee Viero from Nest Legal returns to chat with Dev about wills, estate planning, and how to protect your wealth for future generations. They break down common mistakes, digital assets, tax traps, and whether a testamentary trust could be right for you. The episode touches on: 👉🏾 why estate planning is more than just a will 👉🏻 common pitfalls people...

In today's episode Dev chats with Cam and Trish from Family on Fire, a family proving that FIRE (Financial Independence, Retire Early) isn’t just for singles or couples without kids. They share their unique journey of smashing the mortgage, balancing family life, and building financial independence, all while raising three kids. The interview touches on: 👉🏾 starting their FIRE journey later in l...

In light of America's political climate, let's talk about what tariffs are and why they matter. Dev covers: 👉🏻 how they work 👉 why tariffs are used 👉🏼 their pros and cons 👉🏽 and unintended consequences Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth. Need a mortgage broker? Check out https://www.spherehomeloans.com.au Need to review your personal insuranc...

In today’s episode Dev explains dividends, touching on: 👉🏾 what are dividends? 👉🏿 cash vs shares 👉🏻 dividends vs distribution 👉 who pays for dividends? 👉🏼 dividend dates 👉🏽 why do companies pay dividends? 👉🏾 how does a dividend affect stock prices? 👉🏿 franking credits 👉🏻 dividends and taxes 👉 dividends and dilution Dev Raga Personal Finance is proudly supported by Sphere Home Loa...

In today’s episode Dev unpacks the essential financial habits and strategies to help you achieve financial stability and long-term success. He touches on: 👉🏿 setting up an emergency fund 👉🏻 not borrowing money to buy depreciating assets 👉 sticking to a budget 👉🏼 maintaining a proper emergency fund 👉🏽 paying yourself first to prioritise savings 👉🏿 exploring various investment options 👉...

In today’s episode, Dev unpacks key habits that help to build wealth. He covers: 👉🏿 protecting your downside risk 👉🏻 avoiding unnecessary debt 👉 driving an average car 👉🏼 living modestly 👉🏽 exercising regularly 👉🏿 rising early to make the most of the day 👉🏻 diversifying your income and investments 👉 setting long-term goals to guide your decisions 👉🏼 being frugal without being cheap...

While we’re on a break, here’s a fan-favourite episode to keep you company In today’s episode Dev interviews Dave Gow of Strong Money Australia, touching on: 👉🏾 savings rate? 👉🏿 property vs shares 👉🏻 financial independence retire early (F.I.R.E) principles 👉 debt and recycling 👉🏼 superannuation 👉🏽 children and financial independence 👉🏾 approach to investing 👉🏿 money wins We hate ema...

While we’re on a break, here’s a fan-favourite episode to keep you company. We’re bringing back this gem from earlier in the year – enjoy. Dev Raga continues his tradition of comparing his Tesla Model 3 SR+ which he purchased in 2019 with his previous Diesel. In this episode he focuses on the economics of EVs, and whether it makes sense to purchase EVs in a high cost of living climate. He touches...

In today’s episode Dev explains arbitrage, touching on: 👉🏾 what is arbitrage? 👉🏿 what is an efficient market hypothesis? 👉🏻 what is arbitrage pricing theory? 👉 the various types of arbitrage? 👉🏼 some specifics of arbitrage? Related episodes 🎧 👇 026 what is arbitrage? We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property...

In today’s episode Dev interviews Alex Luck of Everest Wealth, touching on: 👉🏾 what is an SMSF? 👉🏿 what can I do with SMSF that I can't do with normal industry super/retail funds 👉🏻 fees associated 👉 at what value is an SMSF cost effective? 👉🏼 what about rules and taxes? 👉🏽 what happens if some people in accumulation phase, and others in retirement phase? 👉🏾 do all members have to be...