Wednesday, January 20, 2010

Almost halfway done

Today I am finishing up study session 10. It was on bonds and how they relate to portfolio management. Everything has to do with portfolio management in level 3. I understand how it makes me a better all around analyst, but I much preferred asset valuation in level 2. I have finished sessions 4 through 10 now, which is 7 of 18 total. Next will be two sessions on equity.

These last two weeks I have really gotten into the swing of things. I easily surpassed 15 hours last week and I am test ready on session 10 and 8. I have even made laminated copies of the formulas thus far and put one in each car and a copy for the house. I got in 3 hours of studying on Monday and 90 minutes this past Sunday. That 90 minutes is pretty amazing considering the playoffs were on. Divisional weekend is in my opinion the best sports weekend of the year and I made time to study both days. I mentioned the formulas above. There actually aren't that many. There are several dozen thus far, but noticeably fewer (and simpler) than at level 2 in my opinion.

Part of being a candidate for me is the emotional roller coaster. Some days I feel really confident that I can pass and then I mess up a particular reading and I'm convinced I will fail. The confident days don't have anything to do with results. On the two days I have passed the feeling was relief, not joy. Anyway, I have been feeling really confident for the last couple of weeks. I am really starting to feel test ready. I just purchased some practice tests from ebay so I will update in a few weeks on how prepared I really am.