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Dev Raga Personal Finance
527 lessons from 50 years of investing (with a retired GP!)
In this episode we pick the brain of Dr Ken who is a retired GP and part of the original FI movement. He has been a clinician and a patient investor over 50 years and has built a large portfolio. We discuss his medical and financial journey, and touch on some valuable lessons along the way. I also ask him about the controversial Div 296 tax and have his take on it, as he will be affected by that tax. This one should not be missed.
Ken's recommended reads:
About investing for life goals - The Aspirational Investor by Ashvin Chhabra: https://amzn.to/3I92St3 Lecture on YouTube: https://youtu.be/Oe5zbOVDzMo?si=DojiE3N4sdK27qeC
Great advice for aspiring investors - How a Second Grader Beats Wall Street by Allan Roth: https://amzn.to/44kJceJ
Big picture on investing - The Birth of Plenty by William J Bernstein: https://amzn.to/3GmYExw
Investing cautionary tales - Devil Take the Hindmost by Edward Chancellor: https://amzn.to/44HPrZZ
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
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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. The host of this podcast is an authorized representative of Money Sherpa PTY LTD, which holds financial services license 451289.
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. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf
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635 what is recursive self improvement?
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634 Div 296 tax is now law!
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633 what is the Gini coefficient?
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632 what is dividend investing?
22:24||Season 6In today’s episode Dev explains dividend investing, touching on:👉🏾 the difference between a dividend vs distribution👉🏿 what is dividend yield?👉🏻 tax on dividends and how franking credits works👉the pros and cons of dividend investing👉🏼Dev's thoughts on dividend investingDev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.Need a mortgage broker? Check out https://www.spherehomeloans.com.auNeed to review your personal insurances? Head to https://skye.com.auTo chat with a professional and get help about your situation, click here.
631 why do you fly economy when you don't have to?
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630 invest or pay off debt - what is the F2 rule?
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629 what is the homo economicus theory?
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