Dev Raga Personal Finance

In today’s episode Dev interviews Rachelle Kroon, a mortgage broker, touching on: 👉🏾 qualifications of a mortgage broker 👉🏿 how to prepare for a meeting 👉🏻 how brokers get paid 👉 what are the focus of interest rates 👉🏼 specific loan features 👉🏽 health care workers / high-income earners 👉🏾 difference from commercial loans 👉🏿 fixed variable rates 👉🏻 penalties for breaking the rules 👉 redraw and offsets Rachelle Kroon https://www.spherehomeloans.com.au/ Hosted on Acast. See acast.com/privacy for more information.

In today’s episode Dev answers some of your questions, touching on: 👉🏾 overtime and sustainability? 👉🏿 ways to pay back credit cards? 👉🏻 increase earning potential? 👉 taxation for RNs, 👉🏼 high income earns and trusts? 👉🏽 property vs shares Related episodes 🎧 👇 348 income per unit time vs income per unit effort 094 income and deductions! 099 little known deductions! 107 investment property deductions! 045 what are REITs? 203 what is diworsification? 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, books, resources and downloads (+ our disclaimers and warnings), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd trading as this is money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In today’s episode Dev continues his interview with Phil Thompson - an insurance expert, going in-depth on: 👉🏽 income protection and life insurance 👉🏾 trauma insurance and TPD 👉🏿 claim rejections 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, books, resources and downloads (+ our disclaimers and warnings), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd trading as this is money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In today’s episode Dev interviews Phil Thompson - an insurance expert, touching on: 👉🏾 the basics of insurance 👉🏿 difference of a financial advisor and insurance advisor 👉🏻 insurance via TV ads 👉 the concept of self-insurance 👉🏼 super vs non-super insurance 👉🏽 income protection and life insurance 👉🏾 trauma insurance and TPD 👉🏿 claim rejections https://www.thisis.money/blog/2018/12/4/everything-you-need-to-know-about-life-insurance-yg3cr 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, books, resources and downloads (+ our disclaimers and warnings), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd trading as this is money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In today’s episode, Dev continues his interview with special guest Marlee Viero who is a wills lawyer from Nest Legal. In the 2nd part of this chat Dev and Marlee touch on: 👉🏾 the role of the executor; administering the estate 👉🏿 probate vs grants 👉🏻 the role of the court 👉 invalidity of the will 👉🏼 who can challenge a will 👉🏽 digital assets Find out more about Marlee & the team at Nest Legal: www.nestlegal.com.au 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, books, resources and downloads (+ our disclaimers and warnings), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd trading as this is money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In today’s episode Dev interviews special guest Marlee Viero who is a lawyer specialising in wills and estate planning. They chat about: 👉🏾 what happens when you don't have a will? 👉🏿 do it yourself will kits 👉🏻 what is an executor? 👉 what is a beneficiary? 👉🏼 what is a guardian? 👉🏽 what about kids under 18? 👉🏾 distribution of assets, special items, etc. 👉🏿 what is a testamentary trust? Find out more about Marlee & the Nest Legal team: www.nestlegal.com.au 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, books, resources and downloads (+ our disclaimers and warnings), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd trading as this is money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In today’s episode Dev interviews special guest AG who day trades, touching on AG's experience with crypto and his personal investing philosophy. They chat about: 👉🏾 what is cryptocurrency and how do you make money from it? 👉🏿 costs of trading 👉🏻 net worth and income 👉 what is day trading and how one can compete with with "big people" 👉🏼 is time included in return calculations 👉🏽 mainstream/traditional investments 👉🏾 superannuation - where does it fit in? 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, books, resources and downloads (+ our disclaimers and warnings), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd trading as this is money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In today’s episode Dev explains money mistakes doctors make, touching on: 👉🏾 not prioritizing relationships, 👉🏿 not doing a will and estate plan, 👉🏻 training for far too long, waiting to become a consultant 👉 poor soft skills, 👉🏼 complicating their financial life Related episodes 🎧 208 what is a prenuptial or binding financial agreement? 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, books, resources and downloads (+ our disclaimers and warnings), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd trading as this is money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In today’s episode Dev explains money mistakes doctors make, touching on: 👉🏾 not having a budget or financial plans 👉🏿 debt 👉🏻 lifestyle creep 👉 under insuring themselves Related episodes 🎧 117 what is automation? 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), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd trading as this is money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In today’s episode Dev explains buying commercial property, touching on: 👉🏿 types of commercial property 👉🏻 things to look for when buying a commercial real estate 👉 the pros & cons 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), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In today’s episode Dev explains the concept of a share buy back, touching on: 👉🏿 shares outstanding 👉🏻 why a company buys their own shares 👉 how a company would buy back their own shares 👉🏼 earnings per share 👉🏽 price to earnings ratio 👉🏾 advantages of share buy backs 👉🏿 buy backs vs share dividends 👉🏻 share buy backs vs arbitrage 👉 his personal views on share buy backs 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 info you need. To get help, and to check out our online courses, resources and downloads (+ our disclaimers and warnings), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In today’s episode Dev explains debt recycling, touching on: 👉🏾 debt 👉🏿 deductible vs non-deductible debt 👉🏻 debt recycling 👉 tax savings 👉🏼 advantages of debt recycling 👉🏽 disadvantages of debt recycling 👉🏾 final things to consider 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), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In today’s episode Dev interviews renal fellow, Dr. VJ touching on: 👉🏾 his income 👉🏿 his savings rate 👉🏻 locuming 👉 his view on debt 👉🏼 personal insurance 👉🏽 kids and public vs private school 👉🏾 retirement strategy 👉🏿 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 you need. To get help, and to check out our online courses, resources and downloads (+ our disclaimers and warnings), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In this episode, Dev answers your questions: 👉🏾 how do you balance ethical practice, making enough money, and pursuing your own passions? 👉🏿 what is redundancy insurance? 👉🏻 sole trader tips for managing money owed to the ATO 👉 income protection inside super vs outside super 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), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In this episode Dev has a chat with Balaji Gopal from the Head of Distribution & Financial Adviser Services at Vanguard Australia. Dev and Balaji discuss: 👉🏾 the Vanguard Personal Investor platform 👉🏿 the cost of Australian funds vs US funds 👉🏻 is Vanguard chess-sponsored and if not, why? 👉 does it cost money to hold money in the cash account? 👉🏼 the auto-invest feature 👉🏽 why is there a lag between direct debt of money and landing into investments? 👉🏾 is a parallel auto invest feature possible? 👉🏻 dividend re-investment 👉 will managed funds shut down if new ETFs are cheaper? 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), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

Welcome to a new season, and a new name! Long time listeners might find it familiar...😉 In this episode Dev unpacks the concept of downside risk, touching on: 👉🏾 what is downside risk and the essential components 👉🏿 how to measure it 👉🏻 how to protect yourself against it 👉 and the pros and cons of risk protection Related links: A good overview of downside risk A basic understanding and a calculation example Sortino Ratio Calculator (advanced method) Related episodes 🎧 240 what is hedging? 056 what are derivatives (financial)? 048 risk vs volatility! 041 factor investing, it's all the rage! 231-233 superannuation 📝 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), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In todays episode replay, Dev shares some money moves to consider making in your 40s and 50s, including: 👉🏾 managing debt 👉🏿 reviewing your net worth to see if you are you on track 👉🏻 preserving and protect your wealth 👉 pumping that superannuation fund! 👉🏼 determining how much you need in retirement 👉🏽 work choices and children's needs Related listening 🎧 238 divorce vs separation, property settlement, parenting arrangements 080 asset allocation strategies and rebalancing 📝 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), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In todays episode replay, Dev shares some money moves to consider making in your 40s and 50s, including: 👉🏾 managing debt 👉🏿 reviewing your net worth to see if you are you on track 👉🏻 preserving and protect your wealth 👉 pumping that superannuation fund! 👉🏼 determining how much you need in retirement 👉🏽 work choices and children's needs Related listening 🎧 238 divorce vs separation, property settlement, parenting arrangements 080 asset allocation strategies and rebalancing 📝 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), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

In today's top episode replay Dev shares 6 money milestones for those in their 30s, including: 👉🏾 getting personal insurance, private health insurance and investing in yourself 👉🏿 defining your goals and making a written financial / investing plan 👉🏻 sorting your will and estate planning 👉 avoiding lifestyle creep 👉🏼 maximising your income - 3 A's to focus on 👉🏽 buying productive assets Related episodes you may want to check out after listening to this episode 🎧 007 debt paying strategies 066 income protection changes may come!! 090 having a written financial plan 203 what is diworsification? 034 revisit wills, investment properties 014 do you have a will? 032 what is lifestyle creep? 134 what are CP funds? What is a buyers agent? 212 investing truths 📝 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), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.

Happy holidays, we're bringing back a listener favourite! In today's episode replay Dev suggests 6 money tips to master in your 20s. 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), click here. 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 financial advice tailored to your needs. SYMO interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.