I do work full time and sometimes on the weekend, when should i study?! i wake at 4 am everyday to do my 2 hour studying before going to work since noway on earth i can study after work,just finished first book n cant remember a word?!! When do u guys study?! and would anyone remind why are we doing this? is it really worth it?! after 2 levels im getting bored,tired,frustrated and i even forgot the reason why i signed up for level 1!
i think you have shown enough discipline to no longer need advice from us as to when to study. i felt the same way as u, with regards to questioning why i was perservering… but the fact is that L3 candidate means very little, whereas CFA Charterholder means a little more. At least it shows that you are smart and diligent enough to pass a rigorous exam. To me, the CFA denotes character and tenacity as well as a basic level of financial knowledge and a good overview of issues. For many of us CFA = Working full time + studying + raising a kid + keeping your better half happy… I hope that if they have already accommodated your studying for the first 2 levels, you should finish the job and get the credentials to make it all worthwhile. Good luck and finish the job!!!
Try harder!
Don’t study in vain. If you aren’t retaining any information after devoting several hours to the material, you should change what you’re doing and focus on what works now…not what worked in the past. I can honestly say that I was 10x more motivated to learn the material at level I and now the material has changed significantly…so I must also adapt my new strategy to the different circumstances. Good luck.
work less, drink more, or you wont pass.
Take a deep breath, hang in there you’ve got plenty of time.
thanx guys, just wanted to let it out to people who know how it feels! i hope we will all pass it and get it over with… JonnyDee: do u really think i’ve got plenty of time? coz i was thinking there is no way i can do both CFA and Schweser?!! thank you again for the support…good luck to all!
Are you really worried about time? It’s december and the test is in june. I doubt you would even remember what you studied if you started this early. Enjoy the break between 2 and 3 for a little longer, and then go at it hard in Jan or Feb. Make life even easier and cheaper by skipping schweser and just memorizing the CR. I used schweser for 1 and 2, but given the qualitative nature of 3, eff it.
Yes I believe you have plenty of time. Reading thru the material and not remembering it is a common symptom of the level 3 material. This early on I would suggest you take a couple of weeks to step back and skim thru the material try to get an overall perspective of the material. Try to see the big picture. Then after you’ve got an overall understanding material study the material in more depth to learn the details. Also spend as much time as you can working problems and questions, this will reinforce the material and help you remember the material.
masa abdalhadi Wrote: ------------------------------------------------------- > I do work full time and sometimes on the weekend, > when should i study?! i wake at 4 am everyday to > do my 2 hour studying before going to work since > noway on earth i can study after work,just > finished first book n cant remember a word?!! > > When do u guys study?! and would anyone remind why > are we doing this? is it really worth it?! after 2 > levels im getting bored,tired,frustrated and i > even forgot the reason why i signed up for level > 1! i did it and had a newborn in March. instead of waking up at 4am i was WOKEN up at 3am and tried to calm my baby down till 6am. then off to work. get home 8pm take are of baby till 10pm, wife helped after that with screaming every 2 hours. i studied when mkts were slow (maybe hour or two out of day) and from 10pm til 12. Also weekends all nighters. so f you.
Hey, just read sample Investment Policy Statements to your newborn… that’ll definitely put them to sleep.
When I studied for Level 1 and 2, I always made sure I made time to go out and drink whiskey at least once or twice a week. I’m worried I will have to put an end to this pleasure going forward
Like MFE, my wife and I had a baby in March, our first. While that sounds challenging, I found it wasn’t too bad because our baby went to sleep at 8pm, so I would study for 2 hours then go to bed. The baby was so young he was sleeping a lot, so I could study. Now that my son is 8 months old he demands a lot more attention, I can’t imagine doing it now.
The trick to getting time to study is to get marrried. That will put an end to going out on dates with your girlfriend, and all the other stuff too. Your wife will also prevent you from hanging out with your mates at the pub. Or will nag you if you go to the club to workout. So, if you really want to pass the CFA, get yourself a ball and chain that will keep you in your study. Downside is they don’t come cheap and getting rid of them is even more expensive. But if you want to pass L3…
I hate it when people appear to expect sympathy on account of having a wife and/or baby or whatever else. We all have s**t to do. I don’t have a kid to look after, but probably spend a lot more hours mixing it up on the London social scene. Also, I think a little life-planning could go a long way to helping some readers. For instance, it might be an idea not to start procreating before LI, II and III are out the way.
Perhaps you misunderstood. No one is soliciting sympathy, rather it’s meant as a word of encouragement. The good old “If I can do it anyone can do it.” adage.
Whether your thing is raising kids or drinking whiskey. I think the point is that there is a challenge to study and do the other things that we need to do.
Etienne Wrote: ------------------------------------------------------- > I hate it when people appear to expect sympathy on > account of having a wife and/or baby or whatever > else. We all have s**t to do. I don’t have a kid > to look after, but probably spend a lot more hours > mixing it up on the London social scene. > > Also, I think a little life-planning could go a > long way to helping some readers. For instance, > it might be an idea not to start procreating > before LI, II and III are out the way. Frankly, you are a knob. No-one needs your sympathy or even wants it. We are clearly making the point that eveyone has additional obligations in life and that the original poster’s situation is nothing special. If anything, there are many people who have many more commitments yet still mange to struggle through. As for your life planning BS… I planned to have a kid and I planned to pass the CFA. And I succeeded… so please refrain from the rather patronising attitude!!! Many people don’t have the luxury of “planning” everything and end up where they are. They then seek hopefully useful advice and encouragement from people on the forum. It would be good if people could take some time out (perhaps “from mixing it up on the London social scene”) to help out other forumites.
Personally, I do not consider drinking a “challenge”. Comparing raising kids and socialising is just laughable. I agree with willier and JohnnyDee. Everybody has his/her own obstacles (kids, job, language etc.) but we all (well, maybe not all) somehow deal with them…either creating study time now or later.
Etienne Wrote: ------------------------------------------------------- > I hate it when people appear to expect sympathy on > account of having a wife and/or baby or whatever > else. We all have s**t to do. I don’t have a kid > to look after, but probably spend a lot more hours > mixing it up on the London social scene. > > Also, I think a little life-planning could go a > long way to helping some readers. For instance, > it might be an idea not to start procreating > before LI, II and III are out the way. Not really sure why someone would take the time to type something like that ? We obviously could not care less where “you’re mixing it up” or where you’re getting drunk. You’ll take your time and then move on like most of us did. As for comparing socializing and drinking to raising babies, it’s such a stupid comparison that it’s not even worth replying to. As for the original poster, we were blessed with our second baby last January, and it just added to my motivation. It’s just a matter of getting organized and starting early. Take notes as you’re reading to help retain the material and solve as many practice questions as you can.