Dev Raga Personal Finance

In this episode we discuss the concept of 1/ div 293 income, 2/ div 293 super contributions, 3/ excess contributions tax, 4/ excess contributions charge. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information....

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 benefits of pet ownership, and the financial costs. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you an...

In this episode we revisit what dividend reinvestment means, discuss franking credits and how DSSP (dividend substitution share plan) is different. I discuss the pros and cons. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before act...

In this episode we discuss automation, specifically in relation to paying yourself first. We break down costs, when it comes to vanguard personal investor account. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the in...

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 investment returns! Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the...

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 financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financia...

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, ETFs, LICs, index funds, and most of all to keep healthy to teach kids good habits!! Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the...

In this episode we answer Mohsin’s question about automation. We also dwelve deep into the world of corporate fraud, accounting fraud, white collar crime, insider trading, ponzi and pyramid schemes. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and...

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 advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial pr...

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 for first home buyers? We also discuss the concept of rent to own home schemes! Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the a...

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 general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to b...

We continue on to discuss the basics of currency trading. We cover leverage, pips, current exchange rates, factors affecting current demand and supply, government manipulation of currency. We also answer dr x’s question about carry forward of unused concessional contributions! Any advice is general financial advice only which does not take into account your objectives, financial situation or needs...

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, currency pairs and more. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting...

We have cracked 16000 unique listeners monthly!! In this episode we specifically focus on investment property deductions which are legal, and what is not allowed to be claimed. We also hear a review from the most epic username on Apple Podcasts!! Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should c...

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 advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you...

Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate fina...

In this episode we discuss the concept of salary packaging / salary sacrifice. Subtopics include: capped vs uncapped benefits, meal and entertainment, help debt repayments and more. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, befor...

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 answer an important question about choosing your medical speciality training program. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if t...

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!! Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. I...

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 change and basis points system! Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before ac...

In this episode I discuss the concepts of dividend reinvestment plans and fractional shares. I use examples to highlight each of these concepts. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you d...

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 cycles, and how it may impact your investing strategy. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you a...

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 general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choos...

This is the last episode in my deductions series. In this episode we discuss little known deductions such as ATO interest, superannuation concessional contributions, gifts and donations, political campaigns, investment costs and more. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if t...

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 part 5 of 6, in our tax deductions series. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your...