When you have a portfolio of assets as follows: Stocks = $100,000 Bonds = $200,000 Home = $350,000 What is your portfolio size used in return calculations? When or when do you not include the home in your calculations?

300,000. Never use first home unless it talks of being an investment or it wants to be included. Something of that nature. Second home considered investment as it has flexibility.

Btw Paraguay, when you say your scores and you don’t use partial credit… lets say there was an example where for 4 marks you have to describe 2 advantages, but you only got 1… do you get 2/4 still in your method? Or if its the agree / disagree + explain and you got 2 of them right and 1 wrong… do you give 0/9 or 6/9? Doesn’t change anything, but I was just curious what your definition was.

If you get 2 right of 3. 2/3 multiplied by total minutes. It’s more of it you right something that isn’t dead to the book. I don’t give partial credit.

Okay phew, just checking. Did you find 2007 CFAI hard? Just did it and with my partial grading I got 74% and without and basically using what you said, 65%.

Soccertom9 Wrote: ------------------------------------------------------- > Okay phew, just checking. > > Did you find 2007 CFAI hard? Just did it and > with my partial grading I got 74% and without and > basically using what you said, 65%. I took it more as a practice first exam. You will pass don’t worry.