@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.
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.
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.
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@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.
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@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.
Up4Very true. They just announced Unchartered 4 and a DLC for The Last of US.
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.
Up4Yes, very much so. Doing practice questions help you determine how well you know a particular topic. The practice mock exams let you see what a typical question will look like and give you an idea of which topics you need to review more. Doing mock exams is the best thing you can do really. When you review all the answers, it will teach you how to do the problems and show you were you went wrong. Right now reading through the material quickly is the most important thing, so you have more time to review, do practice questions and work through mock exams.
You are definitely on a good pace right now, keep it up!
Up4@GBrianGarrison I am studying for level 2 as well and I am taking fairly extensive notes. I did this for level 1 and I found that writing the concepts down helped me remember them, and it makes reviewing a lot easier since i can read through all my notes in a relatively short period of time. Currently i’ve filled one 100 page spiral and I’m just started study session 9.
