In this episode Dev covers these 13 investing truths:
๐๐พ asset allocation
๐๐ฟ diversification
๐๐ป the market is uncertain
๐ understanding and managing risk
๐๐ผ time in the market, not timing the market
๐๐ฝ no perfect investment strategy
๐๐พ money doesn't have emotions
๐๐ฟ market crashes can be good
๐๐ป investing is not a get rich quick scheme
๐ buy the haystack, be boring
๐๐ผ fees matter
๐๐ฝ investing is behavioural
๐๐พ start early, do it forever
๐๐ฟ and answers a question from Lee who asks how to wind down an SMSF. We discuss the 6 steps involved
Below are the episodes that were mentioned in the chat.
Click here for podcast resources, links to our stuff, disclaimer & warnings about this episode + more.
We acknowledge the darkinjung people, Traditional Custodians of the land on which our studio sits, and pay respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples who may listen to our podcast.
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
Hosted on Acast. See acast.com/privacy for more information.
