Saturday, March 28, 2009

Update - completed derviative

I completed Derivative today. Now, it is time to proceed to Alternative investment. Should't be too difficult since there are only two readings.

Increasing physical stamina cannot be overemphased. Yesterday morning, I swam 16 lengths breaststoke while my son was having his usual swimming class. Swimming 16 lenghts is breaking my own personal record! I also feel much more in energy and perhaps that's why my absorption rate is higher for this CFA study.

Sunday, March 22, 2009

Completed Equity/Fixed Income

I have completed studying Equity & Fixed Income. Today I completed the last chapter of Fixed Income.

Now, I shall proceed to Derviatives and Alternative Investments. I think I am on schedule.

There is one thing I realised when studying for this exam is that mental and physical health are extremely important. On Friday and Saturday, my family & I went to Rasa Sentosa Resort to relax. It is also the school holiday. After the two days get away, my mental and physical productively increases tremenously.

Since physical stamina is so important for this coming CFA Level 1, I'll probably go for a swim more frequently. I am thinking of swimming every day in order to ensure I am fit enough for that six hours mental stressed exam!

Thursday, March 12, 2009

Update

I've completed Corporate Finance, Portfolio Management and Equity Investments. I am now left with Fixed Income, Derivatives and Alternative Investments.

I had also decided to purchase the Schweser Notes together with the QBank and the two volumes of exam questions. I bought the notes after I am convinced that I needed a summary of the CFA's text. The CFA's text are poorly written unfortunately.

I also have stopped working since begining of March in order to concentrate on the CFA exams. Had stop making effort to find new clients but am still currently servicing existing clients and pending cases. Anyway since the current economy is going on a tailspin with Singapore projected to have -10% GDP growth, my opportunity cost of not working is less. Revenue for the first few months of this year had been good and so that will help with my family's expenditure for the next few months.