@RaviVooda Did you agree with 'above average' ability to take risk as the answer. I'm just reading through the questions and answers now. The client's asset base is about GBP 4m (I do note this is relatively large) and required return is about 6.37%. But the portfolio return is their only source of income in retirement. I would have thought 'Average' or 'Below average' ability to assume risk?

Boston Security Analyst Society. I think you said you were doing this practice exam?

@alta12, I think it is ok. No new concepts covered anyways. That too I think they have not drafted it well as I see many old years concepts there. I too have started revising and also looking into mistakes and formulas. Hope everything goes good.

A CFA Level 3 Discussion About BSAS

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This topic has 9 replies, 3 voices, and was last updated Oct-179:56 pm by MockTurtle.

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- Alta12
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  25 Oct 2017 at 1:28 pm
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  @RaviVooda‌
  
  Did you agree with ‘above average’ ability to take risk as the answer. I’m just reading through the questions and answers now.
  
  The client’s asset base is about GBP 4m (I do note this is relatively large) and required return is about 6.37%. But the portfolio return is their only source of income in retirement. I would have thought ‘Average’ or ‘Below average’ ability to assume risk?
- Alta12
  Participant
  25 Oct 2017 at 1:32 pm
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  Boston Security Analyst Society. I think you said you were doing this practice exam?
- RaviVooda
  Participant
  - CFA Level 3
  25 Oct 2017 at 3:23 pm
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  @alta12, I think it is ok. No new concepts covered anyways. That too I think they have not drafted it well as I see many old years concepts there.
  
  I too have started revising and also looking into mistakes and formulas.
  
  Hope everything goes good.
- Alta12
  Participant
  25 Oct 2017 at 3:11 pm
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  @ravivooda I left the last schweser (book 2, exam 3). Done all other Schweser and CFAI mocks. Too exhausted.
  
  Revising now. Still so many gaps to fill!
- MockTurtle
  Participant
  25 Oct 2017 at 9:56 pm
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  @Alta12, is this the question about the Gladdis couple? I just answered that their ability to take risk was above average due to their long time horizon.
- RaviVooda
  Participant
  - CFA Level 3
  25 Oct 2017 at 1:31 pm
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  @alta12 which paper is this?
- RaviVooda
  Participant
  - CFA Level 3
  25 Oct 2017 at 1:35 pm
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  @alta12, sorry I could not find this question. Is this schweser or CFAI old paper.
- RaviVooda
  Participant
  - CFA Level 3
  25 Oct 2017 at 1:36 pm
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  @alta12, going by the part you pasted above. Even if they have reitred, they can still eat into the corpus which itself is large (provided they do not want to give it to somebody)
- Alta12
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  25 Oct 2017 at 1:42 pm
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  @ravivooda It’s the BSAS paper. Thanks I understand the reason now.
  
  You finished all your mocks now?
- RaviVooda
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  - CFA Level 3
  25 Oct 2017 at 3:09 pm
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  @Alta12‌ , yes done with all the mocks
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