@dr_pain28
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Up6
I think econ was the hardest. I always seemed to score the lowest in this section even though I felt I understood the concepts. Then I would say Quant because there were a lot of new formulas that I had to memorize, followed by FRA because there was a TON of new info that I had never seen before even though I am an accoutning and finance dual major. Plus it was weighted quite heavily.
Up5@Sophie I am Xbox (my username is my gamertag) all the way and already have the x-box one pre-ordered. I’m super excited.
Up5When i check my phone after i always am happy when I have my 300 hours e-mail telling me about a new post. It gives me something fun to do during lunch.
Up5@MattyJ Yes I know the pain. I have so many 360 games lying around that I’m going to have to have both the 360 and the One to play my older games. I’m just not sure how much I’ll want to play an older 360 game when i could play a newer One game. But it is annoying to spend so much money and not be able to keep playing them.
Up5@Zee I haven’t played it. I remember when it came out a while back it got a lot of hype. Do you like it?
Up5When I was studying for level 1 I used the schweser q bank and mocks and I thought they were both really good. In my class at school we would do a 40 or so question practice quiz a week and review the answers. I think it helped to remember the concepts over the 6 months. The mocks are really good too and I felt they were pretty close to the real thing.
Up5@CFAaspirant you can go on the Elan notes website and they have free sample sections that you can look at to see if you like them. I’ve never used the notes, but they are cheaper than others and you can pick and choose which sections of the notes you buy. But I would just go check out their website and find the free sample sections.
Up5With equities you only need to keep the account at the maintenance margin, but with futures etc. if the account drops below the maintenance margin you need to bring it back to the initial margin again.
Up5Very true. They just announced Unchartered 4 and a DLC for The Last of US.
Up5I had the qbank for level 1 and didn’t use it all that much. Most of my practice came from mock exams. So i would definitely recommend to buy additional mock exams to review and go through. CFAI gives out 1 free mock, but I would suggest buying they extra mock book from schwesser
Up5Good read. Thanks for sharing. I like the idea of waking up early. It makes the morning less rushed and stressful. Nut right now I’m lacking in sleep from studying so much, so that tid bit might have to wait until june
Up5Right now Im just reading through the material at a pretty fast past and taking extensive notes. Then once I’m done reading I’m going to do tons of qbank questions to see what I need to review more.
Up4@Zee I’m so excited for GTA 5! September 17th! I lived in Los Angeles for a few years so it will be awesome to be able to play there!
Currently I’m going to play ‘The Last of Us’. (PS3) Supposedly the reviews said it was the best console game made so far.
Up4@Christine I just downloaded the first plants vs. zombies for me phone. It’s really fun. As for the new one garden warfare is coming out on the Xbox one, xbox 360 at the launch of the game in spring 2014 and it will later come out for PC.
Up4@Christine I just got to level 5-3. So i think i’m almost done.
Up4For the CFAI books you save $20 off the original cost for getting the E-book and you have to pay $20 extra to get the hard copy books. (So the hard copy books cost around $40 more)
Up4@MattyJ Congrats!
Up4@sakitime I always tried to shoot for a 70% on all the sections for the end of chapter stuff. However the much more useful number would be your scores on the mock exams. The end of chapter questions are mostly to review the concepts and aren’t necessarily the type of questions that are asked during the mocks.
Up4@vincentt I initially had it that way with the last cash being the $350,000. I just wasn’t entirely sure from reading the question when exactly they were going to sell it relative to receiving the last cash flow. But I agree with your answer.
Up4I’m confused about this too. From my understanding in AFS you would put the bond on the balance sheet at fair value $240,000. Then Alpha receives a total of $14,000 in coupons. Of that $12,000 is interest and $2,000 is amortization of the premium.
When the bond is subsequently revalued at $270,000 to determine the unrealized gains to adjust to fair value is (270,000[fair value]- 240,000[price paid]+ 2000[amortized premium])= $32,000
I might have repeated what people said earlier, but it helped me to understand it by typing it all out.
