They ask for Net Wealth, which doesn’t include HC or PV(Liabilities), but they say “Economic”. It’s very poorly worded since Net Wealth is what they should have asked.
73 AM / 75 PM
I completely agree on question 10, I picked the answer that looked like it forgot to back out the original $250k policy and went with it…ended up being correct
Net wealth includes human capital PV of liabilities I think…
Net Wealth, Net worth. it says “NET” so you need to give the worth/wealth NET of liabilities. I doubt they will test you on the half baked logic of excluding PV of HC and PV of liabilities. If you’re creating an IPS you should always include these liabilities into the calculation.
63 am 67 pm no clue how anyone could get an 80+ on first try
62% AM, 67% PM. Very bad. Need to improve. Will do another mock exams tomorrow and the day after. How do you, guys, improve your performance?
I have been really focusing on the EOCs and blue box examples. Even though these seem to be somewhat easier than the mocks, it lays a good foundation for understanding the material. Make sure you go over the questions you got wrong and the ones you guessed on.
63 and 65. Not good but I don’t think this kills me considering I’ve never really done well on the mocks or the online topic test any ways. Been getting around 65% since Level 1 on both the mocks and the online topic tests and that hasn’t stopped me from getting here. The final results from level 1 and 2 seem to indicate that I got around 70% on the real thing. Hopefully that holds up for level 3 for me. Interestingly been doing better on the old AM short answers, been getting 70% and not going that easy on my grading either. Guess we’ll see…
78/72, 75 overall.
Impressed/surprised that some did better in the afternoon. Thought PM was wayyyyy harder.
70 / 58 - that’s reassuring for you
73/60 that’s as well
82/85 percent respectively
First time?! Damn
Yes boss
AM around 65 and PM slightly above 70 on average. I’ve improved AM scored but my schweser PM mocks have shown pretty flat but not oscillating (;-)) scores… I would have rather seen a trending market, I don’t feel 100% comfortable with this. Guess I’ll be pretty borderline
Retaker, 70/64 last year, 68/70 this year. I failed pretty miserably last year, even PM so confidence is 2/10
Not that it matters now, but I scored 78% in the AM and 70% in the PM section when I did the mock exam one week before that actual one. Remember not feeling too good about the PM section, but still got 70. Hope it will be the same with the real exam as I found the PM section to be difficult and very tricky.
Got 64 on the morning mock exam, but 97% on the actual exam PM session…at least I think so…