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SIE Exam Prep: Taking an Achievable Final (fun stuff) 

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The best way to watch this is to pause the video when you see the question then press play after you choose an answer.. see if we have the same thought process on answering SIE exam questions.
Here I am taking an Achievable SIE final
Here is the link to buy the platform I am using..
achievable.me/?
See if you can find the ones I got wrong before I do.
If you are looking for a Series 7 top off tutor please visit
www.capadvantagetutoring.com
If you are looking for materials you can get a 15% discount on STC materials by using this link
Securities Training Corporation--
www.stcusa.com/referral/capitaladvantage/
If you are looking for an out of this world supplement go to:
If you are looking for a trading app feel free to click here
WEBULL :act.webull.com/vi/z5dWcZuWlU4s/f55/inviteUs/
Kindle unlimited has some free resources for members
amzn.to/2QiIUPd
Some more Series 7 top off material (used)
rover.ebay.com/rover/1/711-53200-19255-0/1?ff3=4&pub=5575574631&toolid=10001&campid=5338663075&customid=&mpre=https%3A%2F%2Fwww.ebay.com%2Fsch%2Fi.html%3F_from%3DR40%26_sacat%3D1105%26LH_TitleDesc%3D0%26_nkw%3Dseries%2B7%2Btopoff%26_blrs%3Dspell_check
Series 7 for Dummies--amzn.to/36lmX7r
Series 7 for Dummies Questions -- amzn.to/352vDiK
Series 6 questions-- amzn.to/2ToH01j
Series 6 book by Wiley -- amzn.to/2wpInn9
Michael Lewis ( love his take on finance )
Liars poker amzn.to/34J6MQH
Flash Boys amzn.to/34zVwFU
Money Culture amzn.to/2JSV6CQ
PANIC!! amzn.to/2Nlvd0w
Ray Dalio
Big Debt Crisis amzn.to/36EGaSA
1980s Insider Trading Scandal ( I read this 2 or 3 times ) it’s NOT the movie ha-ha
amzn.to/34A7rnm
Chapters:
0:00 Intro
1:10 How to: Using Achievable
2:09 Q1: Markets
2:43 Q2: Cost basis per share
3:06 Q3: Registered Rep **CORRECTION**
4:04 Q4: Restricted shares
4:43 Q5: Pre-emptive rights **CORRECTION**
5:36 Q6: Market price fluctuations of bonds
6:24 Q7: Call Premiums
7:14 Q8: Letter of intent deposit
7:55 Q9: Mortgage REITs
8:27 Q10: Uniform Securities Act
9:17 Q11: Public communications
10:00 Q12: Holder of a call
10:24 Q13: Trading Ahead
11:16 Q14: Rule 144
11:40 Q15: Debenture
12:10 Q16: Insider trading
12:39 Q17: Corporation payout
13:08 Q18: Rule 144
13:36 Q19: Income Funds
14:04 Q20: Fourth Market
14:26 Q21: Bond yields
15:23 Q22: Pre-emptive rights
16:21 Q23: IRAs
17:08 Q24: Mortgages **CORRECTION**
17:38 Q25: POP
18:21 Q26: Quotes
18:54 Q27: Stock splits
20:40 Q28: Preferred equity securities
21:19 Q29: Purchase price of bonds
22:11 Q30: IPO
22:51 Q31: Call Protection
23:22 Q32: Preferred Stock Securities
23:54 Q33: Social media
24:28 Q34: Premium bond
25:02 Q35: Registered rep
25:34 Q36: Orders
26:15 Q37: ECN
26:26 Q38: GO bond
26:49 Q39: Securities
27:08 Q40: Margin Agreement
28:09 Q41: T-bills
28:25 Q42: SAR
28:49 Q43: Brokerage & Securities
29:27 Q44: Risks
29:45 Q45: Buy limit order
30:16 Q46: Limits
30:26 Q47: equity REIT
30:47 Q48: Customer info
31:04 Q49: registration statement
31:21 Q50: Dividends
32:23 Q51: Elastic good
32:35 Q52: Registered rep
32:57 Q53: ECNs
34:06 Q54: margin loan relationships
34:28 Q55: Funds
35:06 Q56: primary offering
35:34 Q57: defined benefit plan
35:57 Q58: Cold calling
36:29 Q59: Reg. S-P
37:00 Q60: unregistered shares
37:22 Q61: callable bonds
38:23 Q62: Long puts
38:34 Q63: Option contracts
38:53 Q64: OCC
39:18 Q65: IRA
39:35 Q66: Federal Reserve
40:13 Q67: electronic trade
40:37 Q68: Market sentiment
41:08 Q69: Coverdell ESA
41:45 Q70: interest rate risk
42:13 Q71: secondary market offering
42:43 Q72: Registered rep - complaint
43:07 Q73: Creditors
43:24 Q74: Annuity units
44:07 Q75: closed-end fund
44:45 RESULTS
45:03 Q3: Correction
45:55 Q5: Correction
47:07 Q24: Correction

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2 фев 2021

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Комментарии : 52   
@tomricci2854
@tomricci2854 Год назад
Passed SIE today first try. Practically could hear your voice telling me the answers to the questions! You hit it big on the ads from me I watched it all so many times. Thanks for what you do it's awesome.
@Series7Exam
@Series7Exam Год назад
BOOM !! Way to go into the weekend like a boss
@baducca
@baducca 2 месяца назад
"Remember no one gets a 100 on this shit" that is gold
@Series7Exam
@Series7Exam 2 месяца назад
Haha thanks
@baducca
@baducca 2 месяца назад
@@Series7Exam I take my exam today. This is it.
@NateFarney
@NateFarney Год назад
Thank you!! You’re helping me study for the SIE.
@JB3Producti
@JB3Producti 2 года назад
Just took and passed the SIE on the first try. Your videos were very helpful. Thanks for what you do!
@Series7Exam
@Series7Exam 2 года назад
Congrats !!
@Series7Exam
@Series7Exam 2 года назад
How was it
@jenaims
@jenaims 2 года назад
I purchased Achievable after trying TC and pass perfect and failing. I love it so far it’s trims the fat but also provides deep understanding . I love it
@Series7Exam
@Series7Exam 2 года назад
That’s awesome. I do love them
@ttrivett2000
@ttrivett2000 3 года назад
I really like how you process your thoughts out loud while taking these! very very helpful.
@acihawaii
@acihawaii 26 дней назад
The securities industry use windows or Mac?
@Series7Exam
@Series7Exam 26 дней назад
In office windows but a lot of younger people use their own Mac
@talwinderkaur9627
@talwinderkaur9627 Год назад
got 60 correct /75
@Series7Exam
@Series7Exam Год назад
Great score
@sahidparsard5133
@sahidparsard5133 Год назад
same lol
@prudhvichandu6755
@prudhvichandu6755 2 года назад
“Remember, nobody gets a hundred on this shit” You crack me up! Really wish I had found your videos earlier - keep up the great work!
@Series7Exam
@Series7Exam 2 года назад
Sometimes I forgot stuff I say 🤣
@baducca
@baducca 2 месяца назад
lol someone else had the same reaction, just saw this and immediately commented this!
@WhatidoShawty
@WhatidoShawty 3 года назад
Whewwwww, I am ready to get this test over with! I take it in two more weeks. Then I will take series 6, series 63, and life insurance. So much info to process 😭 but your videos has helped a lot!
@teresafb1564
@teresafb1564 3 года назад
Thanks Ken, thanks so much for this, please do more of these practice tests and explanations, very helpful!!!
@usmanmalik1496
@usmanmalik1496 2 года назад
passed today thanks to this guy
@Series7Exam
@Series7Exam 2 года назад
Awesome!!!
@tdub197774
@tdub197774 3 года назад
I am going for the SIE. I view all your content online. Wish me luck.
@Series7Exam
@Series7Exam 3 года назад
You got this !!!
@harrisonplatis3902
@harrisonplatis3902 2 года назад
Hey Ken love the amount of detail you put into these videos, I’ve been using STC as a study guide and done decently on the tests. However this one was a nightmare even when doing it side by side with you. what would you say Is more accurate to the test at hand? Thank you and good luck to everyone taking this and subsequent tests!!
@Series7Exam
@Series7Exam 2 года назад
It’s tough when you change vendors. Different styles and tricks. Don’t sweat it
@harrisonplatis3902
@harrisonplatis3902 2 года назад
@@Series7Exam thank you gonna keep at it and see where it takes me, I have the test next month been averaging 59-75s on different prep tests
@DWoodsII
@DWoodsII Год назад
@@harrisonplatis3902 how was your exam?
@slackwithjimmy3072
@slackwithjimmy3072 3 года назад
At 22:07 when referring to Treasury Notes Purchase Price, you say that the 25 is out of 30, but when you calculate for the % you say 25/32. Where does that extra 2 come from? Super Specific, but I have the test on Saturday and I am stressing out. Thank you.
@Series7Exam
@Series7Exam 3 года назад
Its always out of 32. 25/32nds I easily could have misspoke
@deepbhajiwala6062
@deepbhajiwala6062 2 года назад
I got stressed too!
@clarisaherrera2659
@clarisaherrera2659 Год назад
Hi!! I am taking the Series 7 soon. I have gotten mid-80s on the last 3 Achievable exams and gotten mid-60s in the two Kaplan exams I’ve done. I noticed that the Kaplan exams are much harder since they test a lot of material I haven’t seen on Achievable. I am at 87% on the exam readiness on the Achievable app and plan to keep taking practice exams and reviewing until my exam, which is 10 days from now. (Oct 5th) I am worried that I am not going to pass based on my Kaplan exams, and I don’t know if I should move the test to the 11th of October to study some more. Should I be confident going into the actual test by just relying on achievable and exam readiness? Thank you!!
@Series7Exam
@Series7Exam Год назад
Try to figure out what sections are hurting you the most in Kaplan if it’s the complicated or really convoluted questions, then don’t worry about it
@Steel2145
@Steel2145 Год назад
How is question 2 wrong? In their answer it says you don’t need written approval from FINRA.
@ASalfity
@ASalfity 2 года назад
Note to self: Left off at question 72
@Series7Exam
@Series7Exam 2 года назад
Get back on it ;)
@MyGolden4
@MyGolden4 3 года назад
Oh PLEASE do the series 7 one soon!!!
@Series7Exam
@Series7Exam 3 года назад
I did do one ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-cbjiE35adaA.html unless you have seen that oe already i am probably doing an achievable one this weekend
@Caleb_Standridge
@Caleb_Standridge 3 года назад
This will be a game changer for people taking the SIE. You’re a legend Ken!!
@Series7Exam
@Series7Exam 3 года назад
I hope so
@pred178
@pred178 3 года назад
Does having you SIE and series 57 license make you exempt from the PDT rule?
@Series7Exam
@Series7Exam 3 года назад
Are you acting as a customer? If as a customer..no. But as a professional trader then the house has their own rules
@pred178
@pred178 3 года назад
@@Series7Exam If I started my own prop firm I would then be exempt? If I wanted to open up a margin account on lightspeed and trade stocks I could do so without $25,000 and over the pdt as long as I had those licenses correct?
@Series7Exam
@Series7Exam 3 года назад
@@pred178 different firms have different set ups to get around the pdt. Maybe make you a member of the LLC as opposed to a customer. Lots of things they can do
@pred178
@pred178 3 года назад
@@Series7Exam Thank you. I figured I could start the prop firm as an LLC to get around it.
@Miera04
@Miera04 3 года назад
how do you calculate the call premium - for the being 106 how did you get 60?
@MrConnections23
@MrConnections23 3 года назад
For this one I am assuming that you are looking at Question 7 that states a "26 year, 5% bond is callable in 10 years at 106,....". Since we are looking for the soonest call time, our of options 10, 12, and 16 years we will choose 10. when bonds are priced, the par price of 100 = $1000. Since at year 10 the bond is callable at 106, that means that when the bond is called at the price of $1060, which is $60 above par (which we assume is what we paid for the bond). $1060 - $1000 = $60, which is the answer for that question. I hope this helped!
@spartands7735
@spartands7735 3 года назад
Excellent video!! Can you please do another one before Feb 25th 2021?
@Series7Exam
@Series7Exam 3 года назад
I think I have done 3 on the SIE already. Have you watched them already?
@spartands7735
@spartands7735 3 года назад
@@Series7Exam I have not. I will go back and watch the other two. Thank you so much!