Dev Raga Personal Finance

In today's Q&A Dev discusses: 👉 paying off debt fully vs creating an emergency fund and paying debt off gradually 👉🏼 investment bonds 👉 early career fellow - the pros and cons of buying a $2-3m home 👉🏽 saving 100% towards a home vs 50/50 invest & save 👉🏾 investing via a trust 👉🏿 first graduate job - tips for building a good financial foundation 👉🏻 looking after your mental heal...

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 company 👉🏿 the index fund bubble - is it all just hype? 👉🏻 investing as a high net worth individual 👉 Owen's top money win tip Listen to part 1 here ! We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, ca...

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 prior to Rask and what motivated him to start the business, his investment philosophy, thoughts on the home ownership crisis and more. We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and pr...

In today's episode, Dev chats with Kate Campbell from the Australian Finance Podcast about: 👉🏻 her story 👉🏾 FIRE 👉🏿 her career 👉 superannuation 👉🏼 money wins 👉🏽 and more! We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need. To get help, and to check out our online courses, resources and downloads (+ our d...

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 it work? 👉🏾 nash equilibrium explained 👉🏿 various games/circumstances 👉🏽 common uses of game theory in economics & investing Related listening 🎧 088 what is utility theory? 📝 Episode transcripts We hate email spam so we don’t create it! Sign...

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 👉🏻 career pathways in medicine 👉🏾 debt 👉🏿 investing 👉🏻 money tips 👉 and more! 🛑 Please read our disclaimer + warnings before listening to this episode 📝 Episode transcripts 🏡 Join the mmm facebook group 💸 Quick links to our resources and $...

In today's episode we're continuing with part 2 of the interview with Captain FI chatting about: 👉🏾 his investment strategy and income streams 👉🏿 net worth and how he calculated his FI number 👉🏽 his thoughts on "retiring early" 👉 + top tips from his personal finance journey 🛑 Please read our disclaimer + warnings before listening to this episode 📝 Episode transcripts 🏡 Join the mmm faceb...

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 FI shares about: 👉🏿 his childhood and the lessons he learned about money 👉🏻 his training and costs to become a pilot 👉 airline perks 👉🏽 are frequent flyer programs worth it? 👉🏾 achieving an 80% savings rate and if it was worth it 👉🏻 the neg...

In today's episode Dev explains how we experience accumulative advantage in everyday life and investing, also touching on the Matthew Effect and the concept of "winner takes all". 📝 Episode transcripts We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need. To get help, and to check out our online courses, resources a...

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 is an index fund? 👉🏿 what does the data say about active vs passive investing? 👉🏻 your investment thesis 👉🏼 are you a broad market or narrow market investor? 👉🏽 local vs international 👉 fund selection 👉🏻 monitoring the fund investment 👉 risk...

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 price 👉🏿 cost of electricity vs fuel 👉 wear and tear 👉🏻 autopilot 👉🏽 tyre change & servicing costs 👉🏿 the annoying & brilliant bits of the car 👉 EV road tax 👉🏼 charging infrastructure 👉🏽 thoughts on going back to an ICE car 👉🏾 E...

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 episode to catch the first part if you missed it! In this episode we talk about: 👉🏾 do Jason and Matt invest? 👉 are there any scholarships for med school? 👉🏼 HECS/ HELP debt 👉🏽 private school vs public school vs selective school 👉🏾 when should stu...

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 and Matthew from MissionMed . In this episode we touch on: 👉🏻 the entrance process for undergrad and postgrad pathways 👉 good skills to have and develop 👉🏼 what are the UCAT and UMAT and how do they work 👉🏽 what to expect and how to succeed in...

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. In this episode we cover: 👉🏻 quantitative analysis 👉 qualitative analysis 👉🏼 discounted cash flow analysis 👉🏽 weighted avg cost of capital (WACC) 👉🏾 a worked example of DCF analysis 👉🏿 and of course what is intrinsic value Related listeni...

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 show as a guest. In this chat Dev and Ben touch on: 👉🏾 Ben's story and background prior to starting the company 👉🏿 Dev's experience 👉🏻 Forever Vacation's unique tour style 👉 their money back guarantee policy 👉🏼 what to consider if you're pl...

Do you have home and/or contents insurance? In this episode we're covering: 👉 the difference between home insurance and contents insurance 👉🏼 different types of coverage and policies 👉🏽 how to calculate how much your home is worth 👉🏾 common exclusions 👉🏿 common reasons a claim is rejected 👉🏻 insuring a home pre-settlement 👉🏼 what is public liability insurance 👉🏽 how can you reduce y...

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 for retirement and the aged pension 👉🏻 buying cars 👉 the temptation of keeping up with the Joneses 👉🏽 side hustle ideas Related listening 🎧 223 burnout, self care + defence housing 255 + 255b an interview with Ryan about locuming 🛑 Please read our disc...

Today we're digging into yield curves and more specifically the inverted yield curve. In this episode Dev talks about: 👉 what is yield? 👉🏼 dividends vs distributions 👉🏽 various types of yields 👉🏾 what are yield curves 👉🏿 3 types of curves 👉🏻 what is an inverted yield curve 👉 why is it important and how it affects investors Related listening 🎧 301 calculating returns 202 bond yields, i...

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 lucrative career path 👉🏾 how he budgets 👉🏿 advice for young electricians and apprentices 👉🏻 Luke's perspective on debt 👉 how he invests and how that has evolved over the years 👉🏼 Luke's net worth and impressive breakdown of assets 👉🏽 and of co...

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? 231-233 superannuation 218 budgeting strategies 037 what is the 4% withdrawal rule? 309 private health insurance 🛑 Please read our disclaimer + warnings before listening to this episode 📝 Episode transcripts 🏡 Join our facebook group for healthcar...

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 commodity? 👉🏿 what is basis grade? 👉🏻 various types of commodities 👉 how are commodities traded 👉🏼 what is the commodity price cycle? 👉🏽 what determines their price 👉🏾 is health care a commodity? Related listening 🎧 056 what are derivatives (finan...

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 👉🏿 the pareto principle explained and how it applies to our everyday lives 👉🏻 pros and cons of following the principle 👉 the pareto efficiency explained 👉🏼 what is the production possibility frontier? 👉🏽 and alternatives to pareto efficiency...

Today we're unpacking the various types of financial markets and two methods used by sophisticated investors to analyse these financial markets. Related listening 🎧 084 what is liquidity? 033 index funds vs ETFs: which is better? 222 stock market myths + wrap accounts 115: what are stock buy backs? 079 the pitfalls of passive investing! 019 how to invest during volatile times 202 bond yields, inf...

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 the pitfalls to avoid and the gold we can glean. 🛑 Please read our disclaimer + warnings before listening to this episode 📝 Episode transcripts 🏡 Join our facebook group for healthcare professionals 💸 Quick links to our resources and $20 off The Gl...

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 unpacking the stages of retirement, touching on: 👉🏾 what is retirement? 👉🏿 factors that might influence when you decide to retire 👉🏻 the psychological impact of retiring 👉 pre-planning 👉🏼 the actual day 👉🏽 the honeymoon period 👉🏿 the business...