Dev Raga Personal Finance

In this episode Dev explains the concept of downsizing as it relates to businesses and companies, touching on: 👉🏻 examples 👉 reasons for downsizing 👉🏼 types of mergers and acquisition 👉🏽 pros & cons 👉🏾 and downsizing strategies 📝 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...

In this episode Dev chats with Dr Nicole Higgins, President of the Royal Australian College of General Practitioners (RACGP). They touch on: 👉🏾 a bit about Dr Higgins and what the RACGP does 👉🏻 general practice as a speciality 👉 workforce challenges 👉🏼 rebates and bulk billing 👉🏿 the cost of health care 👉🏽 capitation, and more! We hate email spam so we don’t create it! Sign up to our ne...

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 👉🏿 why is IPUT (income per unit time) important 👉🏻 businesses vs revenue per unit sales 👉 what is income per unit effort 👉🏼 pros and cons of both concepts 📝 Episode transcripts   We hate email spam so we don’t create it! Sign up to our newslett...

In today’s episode Dev discusses credit ratings and credit agencies, covering the following topics: 👉🏾 what is a rating? 👉🏿 the big 3 👉🏻 ratings agencies and history 👉 Fitch vs Moody vs SP Global 👉🏼 the role of credit rating agencies 👉🏽 benefits vs problems 👉🏾 what happened in 2008 vs rating agencies 👉🏿 factors affecting credit ratings 📝 Episode transcripts   We hate email spa...

In today's episode we're going over the basics of bonds! Dev unpacks: 👉🏼 what is a bond? 👉🏽 terminology 👉🏾 bond ratings and callability 👉🏿 risks 👉🏻 corporate bonds 👉 bond ETFs 👉🏼 debentures vs bonds 👉🏽 fixed vs floating rate bonds Related episodes 🎧 202 bond yields, inflation + interest rates 053 what are bonds? Are they good?  214 what is the bid-ask spread? 317 what is an in...

In this episode we're continuing our conversation with Dr Tony Chen who shares his unique travel philosophy including: 👉🏾 why he moves house every year 👉🏿 his hacks for saving money on flights and hotels 👉🏻 resources to learn more about point hacking 👉 his best hotel experience 👉🏼 and thoughts on the age old debate of private vs public education Take a listen to last week's episode for pa...

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 shares about: 👉🏾 his journey to becoming a radiologist 👉🏻 radiology as a career, private vs public & income 👉🏼 childhood experience of growing up as a first generation immigrant 👉 his investing philosophy 👉🏿 and why he doesn’t invest in s...

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 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 and downloads (+ our disclaimers and warnings),...

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 is income protection insurance 📝 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 and downl...

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 refinancing. Related episodes 🎧 067 what is behavioural finance? 213 debt repayment strategies 📝 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...

In today's episode Dev unpacks the three bucket retirement strategy, touching on: 👉🏾 emergency savings and liquid assets 👉🏿 medium term holdings 👉🏻 longer term holdings with a bit more risk 👉 2 key factors to watch for 👉🏼 rebalance rules 👉🏽 and the pros & cons 📝 Episode transcripts We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, c...

On today's show Dev explains the ten rules every investor should keep in mind: 👉🏾 reversion to the mean 👉🏿 the markets always overcorrect 👉🏻 excesses are a red flag! 🚩 👉 bear markets have 3 stages 👉🏼 invest regularly 👉🏽 keep your emotions in check 👉🏾 time in the market, not timing the market 👉🏿 risk vs volatility 👉🏻 experts are usually wrong 👉 diversify! Related episodes 🎧 091...

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 on: 👉🏾 why is investing not free 👉🏿 ETFs vs managed funds 👉🏻 basic fees to pay attention to 👉 what is a broker and brokerage 👉🏼 3 take home points 👉🏽 the productivity commission statement on super fees 👉🏾 and Lincoln's question about bond y...

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 👉🏽 the pros & cons of investing 👉🏼 how to calculate your savings rate 👉🏽 savings stats in Australia 👉🏿 investing concepts 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 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 number 👉 public vs private education 👉🏼 his personal protection plan (insurances, wills and estate planning) 👉🏽 and money wins 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...

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 work. In part 2 Dev and Dean get into investing, debt and more ways that Dean and his wife manage their money. 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...

In this Q&A episode Dev touches on: 👉🏾 the private health industry post-covid 👉🏿 vet careers and earning less than what people may think 👉🏻 salary packaging and HECS/HELP 👉 the process/cost of elective egg freezing 👉🏽 and how much of your income should you aim to save? Related listening 🎧 309 private health insurance 105 what is salary packaging? 116 savings rate vs investment return...

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...