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Dear Christine, I too just passed Level 1 in Dec 2013. I crammed last minute and managed to past comfortably. However, I’m in a conundrum. I can clearly see in a lot of forums that Level 2 is apparently the hardest of all. So, I’m still deciding if I should do L2 this June. I can understand the advantages of doing it immediately however I have a full time job, I conduct extra-curricular classes and financially, doing the CFA is pretty expensive for me. So I want to make sure I have enough time to pass L2 without cramming last minute like before. My question is, is there any other disadvantages in your opinion in taking a long break (i.e. 1 year plus) before doing Level 2. Please shed some light. Thanks in advance!