Boys and girls here’s my story.
Decided to change my life around from working in retail right out of college. Biggest regret in my life is not knowing what finance really was even after graduating with a international business degree.
Last year I decided to try my luck and change paths into the field of finance.
I tried getting into life insurance but little did I know this company wanted me to go door to door and sell annuities. I said nah. Luckily I did pass the life insurance license and shortly after that decided to try on the SIE. Passed the first try after watching Ken and the series 7 guru. I used the SIE book for dummies. Really good source and nicest thing was it was free from my public library.
Shortly after that I applied to a bunch of places with the SIE under my belt. Little did I know the SIE does nothing for you.
So I was hit with the reality I needed to pass the 66. I studied like a MOFO. First try failed, second and third missed both my 1 point. I was devastated but then I found out I could take the 63. It was so easy ! Passed on the first try. Next I needed to pass the 65. Boy oh boy that test is looooong and hard. Missed the First try last month my 3 points. Today I passed !
What helped me? Welp I had Kaplan book from the 66, and I bought the 65 question bank. Lastly I gave achievable a try. That program is so long!! Achievable explains everything like you’re retarted which is what helps out lol.
So today I’ll give you details of what I saw because that’s why you’re here reading this long ass story.
know what a blackout period is.
know what a SPAC is called.
know who is responsible for the financials of a public company.
know what a BD is IA, IAR & agent is.
These questions are aim and shoot so they’re simple.
Know after tax yield.
Know what is a peak.
Know the limits of a coverdell account.
Know the tax advantages of LLC. Btw you cannot raise money for an IPO with an LLC.
The exam started simple until you hit the 30th question. After that you get hit with long ass questions that you’ve never seen before. No matter how many practice questions you do the exam has questions that you’ll never see in your life.
Once you hit 100 it is mixed with long and short questions. Last 10 strictly aim and shoot and they’re simple. Don’t fuck up.
Lastly, the exam feels like hell, it feels like you’re failing. This is when you have to keep going and push through. Take your bathroom breaks. I took 4. Mi inbox is open for anyone and everyone. I will respond to absolutely everyone. I noticed people can be so stingy in this community and sometimes they don’t want to help. I pinky promise to get back to everyone in a timely manner. Now it’s on to the 7. I’m going to relax and enjoy Formula 1 weekend here in Miami.
Lastly you have to suffer a little and fall in love with the process because once you pass you feel like you can accomplish anything !! Good luck !
I am posting my failures and success. If you need some inspiration take my failures and use them. I’ll never give up and even if I fail the 7 three times in a row and all my other license lapse I will gladly re do everything again.