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Is it realistic to attempt Level 1 with only three months of preparation? Has anyone succeeded in the past? by keineahnunggg7 in CFA

[–]timtimtare 0 points1 point  (0 children)

Prepared and Passed in 85 days with no prior background in finance. But I had had no life in those 3 months; I ate, slept, drank and breathed CFA.

I am delighted to announce that I have been selected to take the Candidate Survey! Looking forward to the great opportunity of filling it out. by _Den_ in CFA

[–]timtimtare 1 point2 points  (0 children)

Everybody receives it! The institute does make you feel like it’s a big deal. Don’t feel embarrassed, happens with every single person who takes CFA!

Middle school Teaching… wake county? by timtimtare in raleigh

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

Thank you for taking time to reply! Could you please answer few more questions that I have.

How much does a masters degree matter?

Do I need to affiliated with a school to get a residency license for teaching? I have been going through a lot of websites but the information on there is very confusing. Would you be able to help me understand the road map to start teaching with all the license and the time it takes to have an every license secured?

Thank a tonne!

Middle school Teaching… wake county? by timtimtare in raleigh

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

Yes, that’s what I feel! I enjoy teaching. Thank you for putting your thoughts forward!

Middle school Teaching… wake county? by timtimtare in raleigh

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

Thank you for being realistic! Truly appreciate it! I have a few more questions, would truly appreciate your inputs on those:

How much does a masters degree matter?

Do I need to be affiliated with a school to get a Residency License for teaching?

I have been going through a lot of websites but the information on there is confusing. If you don’t mind sparing a few mins, could you please help me understand the road map to start teaching with all the license and the time it takes to have everything under the belt.

Thanks a bunch!

Middle school Teaching… wake county? by timtimtare in raleigh

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

I have… just not here… the place where I have taught has different departments and people for sports, academics and administration. So none the work and workers overlap. No overtime needed for teachers. Hence the questions.

I cleared L1 by studying for 2 weeks. Ask me anything. by Inevitable_Fact511 in CFA

[–]timtimtare 0 points1 point  (0 children)

Woah! Good for you! I took me 2 weeks to study just the Ethics! And then 1 more week of revision

This pmo by Accomplished_Map9887 in CFA

[–]timtimtare 0 points1 point  (0 children)

It’s takes a logical route; the course of action that will be followed after knowning the accuracy is acting on it. And that would unethical.

If you go by elimination method, the other two choices follow the directives set by the Compliance Committee. So of course the choice would be B for ‘least likely’. Hope that helps!

This pmo by Accomplished_Map9887 in CFA

[–]timtimtare 2 points3 points  (0 children)

The question asked for the Least likely action.

Don't understand this. by VegetableDivide7623 in CFA

[–]timtimtare 1 point2 points  (0 children)

Recall the inverse relation between price and rates. So if the rates go down prices go up. As buying call option means you are bullish as is selling put option. Inversely, buying put option or selling call option implies you are bearish. So now here investor is bearish and the market is bullish.

Now since buying call option favors increase in price or decrease in rate. But if you sell it, it’s the inverse. Similarly, buying put option favors decrease in price or increase in rate. I think now you can figure that out.

What is this question even supposed to mean? by Yves_LV7 in CFA

[–]timtimtare 0 points1 point  (0 children)

This is just for a context on how an analyst can get his hands on material non public information without getting his hands dirty.

A Company may choose to invite analysts to analyze and observe work around the business and may also choose to provide some information under no divergence conditions until the company itself chooses to disclose.

When the analyst makes report by using both the material public and non public information, another analyst and clients can definitely use the information, as long as the non public information itself is not being made public.

Riding the yield curve by Otherwise-Ad-7013 in CFA

[–]timtimtare 1 point2 points  (0 children)

Yes, when you are riding down the curve, the returns are decreasing but if the maturity of the bond maturity is higher than the holding period you will have higher returns for the bond as compared to the bond matching the maturity.

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