I had a dream

I was doing an IPS for a friend. Given her 30 year horizon, she had to save $5000 per year to reach a portfolio of 2m. But her low risk profile and the current low interest rate environment meant she would come short. On a salary of 20k she couldn’t possibly save 5000 a year. I felt bad then I woke up from the nightmare.

I better f***g pass this s**t

Damn son, you’re preparing really hard!

Let us know when you see the actual paper in your dreams!

13.91% after-tax annual return needed assuming she invests the first 5000 today

14.57% after-tax annual return needed assuming she invests the first 5000 at the end of the year.

If he happens to dream about the actual exam and post the questions on this forum, will this be a violation? :smiley:

We’ll cross that bridge when we get there

No because he didn’t have material nonpublic information.