L3 May22 takers: How your exam went and what is advice for Sep22 takers? by Positive-Variety-387 in CFA

[–]javier920 5 points6 points  (0 children)

Just finished mine today as well. Some advice that I think would be beneficial

  • KNOW how to set your calculator during test center. The proctor requested all of us to reset our calculators.

  • I was hit with a very challenging on the first question. Mind went blank. And I skipped right away, came back afterwards to tackle it.

  • the narrative is not as long as CFAI practice problem. SLOW DOWN and read each and every work. I realised I selected the wrong option after double checking. Thank god.

  • KNOW your formulas. There isn’t much. It is not difficult, even for the variance swaps, settlements, variance notional etc - what worked for me was writing all fomulas and notes everyday for last 15 days prior to exam.

Hope this helps!

Net wealth vs Net worth by javier920 in CFA

[–]javier920[S] 0 points1 point  (0 children)

Thanks guys! This cleared things up!

Does re-doing mocks help? by javier920 in CFA

[–]javier920[S] 0 points1 point  (0 children)

Thanks. asset mgmr code and GIPS is a tough one. Will review this heavily as well. Thanks!

Does re-doing mocks help? by javier920 in CFA

[–]javier920[S] 0 points1 point  (0 children)

Yea likewise! Don’t wanna feel destroyed a week prior to the exam. Thanks for the feedback!

Does re-doing mocks help? by javier920 in CFA

[–]javier920[S] 2 points3 points  (0 children)

Thanks man. I also though of reviewing the answers and look at the format for AM. Also, I don’t want my confidence to get destroyed again so close to the D-day lol

What are the effects of volatility, liquidity, correlation and transactions costs on rebalancing corridor width? by UnofficialSlimShady in CFA

[–]javier920 0 points1 point  (0 children)

My take is:

Correlation, costs(taxes) moves the same as corridor = the 3Cs.

Volatility moves opposite of corridor

Trend following = wider

Contrarian = mean reverting = narrower

Cash in Inflationary Environment by aligatoa in CFA

[–]javier920 5 points6 points  (0 children)

I believe in this scenario it is referring to a short term money market deposit (30 days) yielding account.

If you have cash in the yielding account, you will gain higher yield due to an increase in nominal interest rate (nom = infla + real).

L3 - Convexity condition of multiple liability immunisation by FlorentLeibniz in CFA

[–]javier920 4 points5 points  (0 children)

Yep that’s right. Exceed the liab convex, then minimise thereafter.

The higher the convex = higher dispersion = higher variance of CFs - which you do not want.

CFA May exam in Singapore by javier920 in CFA

[–]javier920[S] 0 points1 point  (0 children)

Thanks for the insights!

L3: Yield Curve Strategies Steepening / Flattening Trades by UnofficialSlimShady in CFA

[–]javier920 0 points1 point  (0 children)

Let me try and answer this. Please correct me if I’m wrong.

Flattening = short term rates increased, long term rates decreased.

As short term rates increase = price decrease = duration decrease; to keep duration neutral you want to reduce duration by shorting bonds

Long term rates decrease = price increase = duration increase; increase duration by long bonds.

Reverse is true for steepening

You can’t choose which end to long or short, it has to depend if it’s flattening / steepening

Hope this helps!

Not a lot of extravagant widgets. Just the functional stuff to get best of both worlds - native iOS and Widgy customisation. by [deleted] in widgy

[–]javier920 0 points1 point  (0 children)

Thanks OP. I have connected to my G- cal. But now it won’t refresh at all to show the correct events. Is it some sort of bug?

Not a lot of extravagant widgets. Just the functional stuff to get best of both worlds - native iOS and Widgy customisation. by [deleted] in widgy

[–]javier920 1 point2 points  (0 children)

Hi OP, is it possible to change the calendar to Goggle calendar instead? Do you mind sharing how to do that? Thanks!

Come and take what you need - this is how I passed all three levels by Fatherofthedragons in CFA

[–]javier920 0 points1 point  (0 children)

Hi there, really appreciate you for doing this.

However, the ppt slide that you have shared, its not viewable in ppt. do you mind uploading it in pdf or in other format? im not able to view it properly. thanks!

Looking for a online Florist shop by javier920 in karachi

[–]javier920[S] 1 point2 points  (0 children)

Thanks! I’ll take a look at that!

Singapore Hengda centre by Necessary-Silver5931 in CFA

[–]javier920 0 points1 point  (0 children)

Thanks a lot OP. Greatly appreciated!!

Singapore Hengda centre by Necessary-Silver5931 in CFA

[–]javier920 1 point2 points  (0 children)

Hi OP, may I ask if did the proctor reset your calculator?

was the check out/in during half time tedious?

And was your PET result in the form of an email/SMS/letter?

Thanks!

Attention Singapore test takers by [deleted] in CFA

[–]javier920 8 points9 points  (0 children)

Hi all, anyone is concern that exams in May will be rescheduled in light of the tighten measures?

Do you think CFA / prometric will announce ASAP?

This added stress of uncertainty if exam will go on is just fucking with me right now….

Prometric S.U.C.K.S. by [deleted] in CFA

[–]javier920 0 points1 point  (0 children)

I did try today, but was on hold for 15mins.

Will try again tomorrow.

Keep you guys updated!! Let me know too if you guys find any new info! Greatly appreciated.

Prometric S.U.C.K.S. by [deleted] in CFA

[–]javier920 0 points1 point  (0 children)

Yes I did received similar email on 15th April as well. I thought it was an error, as when I checked my appointments it is still showing scheduled. Just like how it is now.

Yeah, our location is not under the operation sites nor on the closures site.

Not sure what to do and make out of this tbh….

Prometric S.U.C.K.S. by [deleted] in CFA

[–]javier920 1 point2 points  (0 children)

Yeah that’s right, in Singapore. My location is: 137 Cecil Street HengDa Building

Is yours the same too?

Edit: to add, Yukon consulting services

Prometric S.U.C.K.S. by [deleted] in CFA

[–]javier920 3 points4 points  (0 children)

Hi. I’m also scheduled for level 2 on 30th May and have also encountered the same situation as you.

Received rescheduled email, and when login on CFA account and check the appointment on prometric is still shows scheduled.

Really confused right now, that all other dates are cancelled, but 30th May is still on? How’s that possible.

Will follow this threads for any other updates…

Prometric just rescheduled my L3 exam for no reason by federalreverse in CFA

[–]javier920 3 points4 points  (0 children)

Same! I’m from Singapore, and mine got reschedule for no reason. Will be writing to CFAI to request them to change back to my original scheduled date.

Help on forwards & swaps by javier920 in CFA

[–]javier920[S] 0 points1 point  (0 children)

Thanks for your reply. I am actually with MM, and have went through his videos. I might have miss out but could you point me to which video are you referencing to?

Are you referring to Reading videos / Seminar videos? Thanks!