SERIES 7 EXAM TUTOR - NEED TO PASS THE SERIES 7 EXAM?
Students often think that equities are easy. Knowing the key differences between common and preferred stock is important; understanding dividends in terms of when an investor is entitled to them or what type of companies pay dividends is also important and so are the concepts around issuing stock. With that said, most students can learn these concepts on their own or with a little help. However, getting a handle on which stocks are suitable for various types of customers can be challenging for some students, especially those with limited investment experience. You should get to know the characteristics of the numerous equity sectors and why a particular stock would be suitable for your customer. This is hard to learn from a manual. You should consider working with someone who has experience analyzing securities, making recommendations and investing client assets such as the owner of Series 7 Exam Tutor. Doing practice questions also helps.
I know there is a lot to study for the series 7 exam and the last few chapters might be tough to get through after trying to absorb hundreds of pages of information. Don't let up when you get to the economics and analysis material. For some people, this can be the most difficult topic on the entire series 7 exam. Information about monetary and fiscal policy is not too difficult to understand but financial statements can be very challenging for many people, especially those without accounting or financial backgrounds. I highly recommend getting a Series 7 Tutor to help get you through this topic. The owner of Series 7 Exam Tutor has a deep understanding of financial statements. It would be hard to get through the CFA program without having a solid understanding of how financial statements work. ( The owner, Michael Weiss, is a CFA charterholder.)
To pass the Series 7 Exam, one needs to understand the material. The key to understanding the material is to read the manual and not just once, you should read it twice! Of course, answering questions helps reinforce your understanding of the materials but please do not rely on answering questions over and over again. Memorizing questions and their answers will not get you very far on exam day.
The variable annuity content might be the most important on the series 7 exam but not because it is the heaviest weight on the test. Most prep providers only give you about 10 pages of material about annuities yet students report getting lots of questions on this topic. You can do the math: if the material is only 10 pages or so and the topic is well represented on the test, you should become an expert on variable annuities.
Do you need a Series 7 Tutor? The series 7 exam can be challenging for those who do not have a background in finance or for those who have not taken an exam in a long time. If you are struggling with the material on the series 7 exam and you only have one chance to pass the test, you should seek the services of a Series 7 Tutor. A Series 7 Tutor can recommend materials, help you understand the content, motivate you to study and work with you on how to answer questions.
After you have made the decision to get help from a Series 7 Tutor, you need to find a company or person to guide you through the process. You should carefully examine the background a potential tutor. Key characteristics of a potential Series 7 Tutor would include a high passing score on the series 7 exam. Any Series 7 Tutor who does not disclose his or her passing score on the exam, probably did not pass the exam with a high score. Experience teaching and/or tutoring people on the series 7 material is also very important. In order to be effective tutor for the series 7, one has to be helping students on a regular basis. It is very difficult to stay current and sharp without a regular flow of students. The tutor should also have a strong financial education, as evidenced by a degree or multiple degrees in finance as well as other financial designations. And last but not least, the Series 7 Tutor should have investment experience. Your Series 7 Tutor should have at least some of these characteristics.