Questions regarding loans, refinancing, mortgages, credit cards. Kaplan Series 7 practice tests vs. The real thing (self.finance). Kaplan very closely mimics the structure of the actual exam, but the Kaplan content is more difficult. Don't burn yourself out, relax, and you'll do great on the actual exam. You don’t need to take time as you can simply open the Series-7 sample questions PDF dumps for learning quickly. With Series-7 question answers in the form of PDF, you can prepare for exam instantly. The PDF dumps cover all the Series-7 new questions and course content for Series-7 test and provide the best solution.
Establishing a Strong Study Routine for the Series 7 ExamPassing the Series 7 exam is a rite of passage for stockbrokers. If you put the time and effort into studying for the exam, you’ll be rewarded. If not, you’ll have to take it over and over again until you pass. You have to use your time efficiently, and to accomplish this, you need to grab every spare moment and channel it into study time.
Follow the tips listed here and you’ll be well on your way to earning a passing grade.Get into a consistent study routine on a daily basis; never separate yourself from your textbooks for more than one day.Stay focused. If you get stuck on a multipart question, break down the question into segments; if you run into trouble with a math question, draw diagrams.Take short, ten-minute breaks throughout the day to give your brain a chance to process information.Reinforce your knowledge every day by reviewing old information while learning new material.If you don’t know the answer, don’t obsess.
Take your best guess and mark it for review to return to later. As you go through the exam, another question may trigger your memory. If you still aren’t sure of the answer when you return, remember these tips:.Select a more precise answer more often than a less precise answer.Select a longer answer over a shorter answer.When answering multiple choice questions, if you see two opposing answer choices, one must be right.Cannot be determined is almost never the correct answer on the Series 7 exam. What to Do the Day before You Take the Series 7 ExamYou’ve studied for the Series 7 exam, you know the content backward and forward. You are ready! So, don’t let your nerves overtake you the day of the exam. Follow these steps to ready yourself for test-taking day and you’ll be prepared to walk in and conquer the Series 7:.Review your notes until noon.Get away from the books: Go out to dinner (skip the spicy foods and alcohol) or go to a movie — do whatever you want to rest your mind.Gather the items to bring with you to the exam site:.Your ID.Exam site directions.Layered clothing.Earplugs (if allowed).A clock or watch.A snack/lunch.Your cellphone for emergencies (leave it inthe car).Study material and notes (leave them in the car).Set two alarm clocks.
Leave enough time to get to the exam site an hour and a half early — one hour for more review and one half-hour for checking in.Get to bed early.
Discord ChatroomRules1. Posts must be news items relevant to investors. We are not a politics or general 'corporate' news forum.
We generally expect that your topic incites responses relating to investing.2. Do NOT make a post asking for generic advice. Asking questions or seeking information is acceptable, but these questions should generate insightful discussion / a variety of perspectives. If your question likely has a 'right answer' and you simply need help finding it, then post in the 'Daily Advice Thread'.3. Keep discussions civil, informative and polite. Off topic comments, attacks or insults will not be tolerated.4. Strictly no self-promotional threads.
Do not post your app, tool, blog, referral code, event, etc. We generally expect that people who come here are not using the forum to build a brand, generate clicks, or shill. Posts that are strictly self-interested or intended to 'build awareness' are not acceptable. Frequently Asked Questions.
Barron's. Should I invest a lump-sum, or wait? &. I'm new to investing, what should I do?This has been asked and answered many times in the past. Use the search function or check out, or thread.Useful Online ResourcesA hedge fund analyst explains his stock research process.
Full of excellent links to videos, articles, and books. MUST READ!Learning.Recommended Reading. Brand spanking new 2017 - This one is fairly extensive.Subreddits you may also enjoy.Disclaimer. Reddit, and its moderators assume no responsibility for the accuracy, completeness or objectivity of the information presented on.
Does not endorse any recommendation or opinion made by any member, nor do any users or moderators of advocate the purchase or sale of any security or investment. You are responsible for your own investment decisions.
Please consult with a registered investment advisor before making any investment decision. Sounds like a solid study plan.
I found the practice exams to be the most helpful for my studies and several of the questions from practice exams were almost identical to the questions on the actual exam.If you block off an hour each night for a month and avoid Facebook, Reddit, etc you should have no trouble getting through and developing a strong understanding of the material. If you come from a finance background you should pick up on most topics fairly easily past though that are nothing more than memorization. 1 hour is the minimum that I would spend each night. I personally found it much less of a burden to block off 1 hour each night as opposed to saying I was going to spend 3 hours. Even if I would end up studying for more than an hour, just having that hour reserved made the burden seem more manageable.If you can knock out an hour after work you will likely have much more productive study time.
I found it best to get off work, take a lap around the floor then come back to my cube to knock out an hour before heading home or to the gym worked best. You don't have the distractions of the tv, roommates, fridge and it makes it much easier to focus. I work in the financial services industry and everyone I know that have taken the exam (include myself) were working full-time. Finding time to study may be difficult, but over the last decade of witnessing new finance people take the 7, I found that the key to passing the exam is to stay disciplined keep up with study schedule.With regards to this exam, people tend to fall into 1 of three categories.
Undisciplined procrastinators. Stick to a rational study program. OverachieversYou want to fall into category #2.Staying out of category #1 is obvious, but why not target category #3? Well, the 7 is a pass/no pass test. You simply need a score of 72%.
Note that the 7 is a broad-based exam, and you may never use a lot of the stuff covered. In addition, you will have continuing education every year. More importantly, your company will provide specialized training based on the department in which you work. Therefore, if you score in the high 90's, you have over-studied, when you could have focused on real work.It is not difficult to pass this exam if you study 80-120 hours. If you schedule this time and stick to it, you will land in category #2.
If you find yourself blowing off studying because of other shit that comes up, you will be in #1. And finally, if you go balls-out and study 4 hours a night, congrats, you passed the exam, but could have spent those extra 200+ hours on something more productive.As a side note, when I was hired I was told I had 1 month to pass the exam. I had to do the 3-4 hours a night program, and passed with an 88%. Nearly 90% of that time was spent taking practice exams. It's been mentioned a few times in here but for the sake of getting the point across I'll reiterate: PRACTICE TESTS!I've passed (self studying) the 7,63,3,55 and for each I blazed through the reading material fast so to focus most of my time on the tests. Doing this allows you to both memorize ways FINRA tries to trick the test taker and begin to recognize certain questions.One piece of advice that helped me. I used STC also and for their online tests they give you explanations of what you got wrong after each test.
Copy and paste each of those into a word doc and an hour or so after the quiz/exam reread those 1-3x. Also don't be discourage by the score of your first full practice test. I think I got a 47% on it and ended up passing with an 87%.
A few points to answer your question: the reading has a lot of 'noise' in it. It might spend just as much time on X as it does on Y but X is only 5% of the test and Y is 25%.With that said, its better to familiarize yourself w the material, take tests, and come back to what is more heavily weighted/what you personally need to work on.Also, in the case of the series exams, 'learning' is not as important as memorizing/applying. These god forsaken tests are more about knowing how the material is asked and how you should answer it vs having an in depth understanding of it. (Think SATs, ACTs, etc.).