Level I

My study plan for the next 15+ days

22nd Nov - Schweser Mock 1

24th Nov - Schweser Mock 2

26th Nov - Schweser Mock 3

28th Nov - Schweser Mock 4

30th Nov - Schweser Mock 5

2nd Dec - Schweser Mock 6

4th Dec - CFAI official Mock

In between I’m planning to do most of the Schweser Qbank questions (I think there are about 3000 of them). I’m also planning to redo the CFAI EOCs. But my main focus in the next 2 weeks will be doing as much mocks as possible and analyse them. What do you guys think? Continue reading

What is collateral yield actually?

I know the collateral yield could be stated as the return on the collateral in a future contract. But I still don’t understand which side posts collateral in a future contract. Besides how can the collateral could be used to earn profit? As in house loan, which the house will be see as the collateral, the house is not the property of the lender so the lender cannot use it to make profit. I though collateral is just a promise for the lender and cannot manipulate it until borrower defaults. Continue reading

Should I study for CFA? Can I do it?

Okay.. So I tried to study before, gave up for some reasons.. Now I want to try for June 2015. I have my doubts, so here is some information.

1. FR&A is probably the hardest for me, so I read like 80% of the 2011 curriculum last year. Right after reading I scored above 72% (Curiculum quiz + Schweser quiz + All Q’s in Qbank) A year after studying it I score 47% on morning pratice exam (It covers I think 100% of the curriculum while I studied 80% of the book) Continue reading

scoring 35-40% , kindly guide me

hey guys ,

Around 15 days left for the exam , and i am scoring only 35-40% in the mocks . taken 2 kaplans practice tests . i dont know where i went wrong , i studied really hard for 7months , but still when i look at the questions it;s like i know which reading it comes from , but i dont really know the answer.

Anyone know how i should approach this problem please ?

Panicing ,

HedgeFudge Continue reading

how many questions are you guys guessing??

how many questions are you guessing on mocks and practice tests??

when i am doing mocks either schweser or CFAI, i am usually very confident about 65questions out of 120. 5-10 i am not able to solve or understand so it is pure guess, the rest about 50-45 i am able to eliminate one choice. Anf of the 65confident answers i usually get 3-5questions wrong..

On average, I am getting scores btw 85-90 out of 120. Continue reading

Ratios

When to use averages ie. begin and end/2 instead of just using the current year? Will the question specify or will we be expected to use averages when given that level of detail.

The Ratios are different for corp finance and FRA Continue reading

Buyback does not distort the free cash flow?

Could anybody help with a question on page 594 of the third book?

Why is stock bought back on the open market least likely to cause a distortion in the true free cash flow of a company assuming that a large stock buyback has taken place to offset the dilutions from options excercised?

Thanks! Continue reading

FinQuiz Mock

Has anyone used FinQuiz and taken their mocks? I just bought them today since I have done all the Kaplan exams and I feel like they are garbage. I have been scoring 72-80 on the Kaplan tests but just took a FinQuiz mock and got a 44. I always feel that harder is better because it really tests you but the material just seems really random and obscure, not even mentioning the fact that the sentances are so poorly written it is hard to read. 

Am I actually hurting myself by taking time to do and review these tests? Does anyone have experience with their level one mocks? Continue reading

Schweser Mock Exams Vol.2

I am running out of mocks (only one left from CFAI the candidates ressources). Is it worth it to spend $150 for the vol.2? Or would I be better off re-studying and re-doing the questions I have already done until now Continue reading

Improving? Constantly getting 74% average on 3 schweser mocks...

Hi 

I’m constantly getting an average of 74% over 3 full schweser mock exams. After each session I go over the wrong answers thoroughly, understanding the concepts I missed that time. However, even with answer checkings,  I keep getting 74% whenever I take a full new test. The score is not improving.

I’m thinking of two options till the exam.

1. Review the whole schweser books quickly to solidify the concepts.
2. Keep doing the rest of the mocks (and even attempt CFA mocks) until the exam. Continue reading

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