Tutor for Series 7

Looking for a little help passing the Series 7 exam, especially now that the passing score has been bumped to 72%, or FIVE MORE CORRECT ANSWERS?

We have an amazing track record helping people pass the Series 7 exam with private online tutoring. We use GoToMeeting so that you can ask questions, move at your pace, and get help applying the concepts to potential test questions.

We show you what few others even try: HOW TO TAKE THE TEST

Click the title to this post for more help.

How to Pass the Series 7 Exam

How is anybody supposed to pass the Series 7 exam now that the passing score has been bumped to 72%?Same way they always have--by studying hard, doing lots of practice questions, and making sure they know the vocabulary and concepts inside out before scheduling their test. Many folks are getting over the hump through private, online tutoring at www.passthe7.com/tutoring.htm

To see if you're ready, or if you might need tutoring, get a GoNoGo exam from our home page at www.passthe7.com under "Am I ready for my exam?"

Calculations on the Series 7 Exam

Don't want to mislead anybody--the Series 7 exam really does not involve lots and lots of heads-down calculations. But, it does include a few. And, when it does, the questions sometimes hit as hard as this one:

ABC pays a dividend of $2 on its common stock. The p/e ratio is currently 17. Therefore, if the dividend payout is 50%, the common stock trades for
A.A price that can not be determined by these facts alone
B.$17
C.$68
D.$34



EXPLANATION: even though panic might set in, you do, in fact, have enough numbers to solve the problem, so A is quickly eliminated. The key here is to define and make sense of "dividend payout of 50%." The dividend is paid out of profits or earnings per share; earnings per share is/are the "e" in the "p/e" ratio. If $2 is half of the Earnings Per Share, the EPS = $4. The "p" or "price" of the stock is 17 times bigger than 4. $68.

Is the Series 7 passing score going up to 72%?

Yes.
It is.
In early November, the required passing score for the Series 7 exam will be 72%.
The outline is also changing, but so far it appears to be just a different way of slicing and dicing the disparate topics thrown together in the hodgepodge called "the Series 7."
Stay tuned and study hard. As always

Series 7 Study Materials

To pass the Series 7 exam, you need high-quality study materials. Don't be afraid to use more than one company's practice questions if you can afford it. Our full package, at www.passthe7.com/fullpackage.htm provides you with a Plain English, readable textbook, a DVD set that you can play on your home entertainment system, and an excellent batch of practice questions.

If you have questions, email me at walker@passthe7.com

Series 7 Practice Exam

Finding high-quality series 7 practice exams is not easy, especially on a budget. But, after the textbook, your practice questions are easily the most important piece of the puzzle. Some companies focus on the quantity of questions--if you do 5,000 questions, you must be ready, even if they're really ony 400 questions and their various alternative versions. Some companies just make the questions "really hard," by writing in opaque language and needlessly confusing the customer. Reminds me of a football coach preparing his team for the big football game by . . . making them carry telephone poles on a hot August afternoon--see the connection?
Me neither.
Most companies have decent practice questions but the weakest explanations we've ever seen. Basically, the "explanation" will say, "the answer is B because A, C, and D are incorrect."
Okay, so what about www.passthe7.com? What's so great about our stuff? We have a large enough batch of questions, a big enough variety, and the best explanations you'll find anywhere--not too short, not too long. The only point on which bigger companies might out-do us is on the look of the interface (millions of $'s can usually buy glossy-looking stuff) and some also track your results and pretend to tell you which "areas" of the test you need more work on. Total gimmick, but it sells. In any case, click the title of this post to get our Pass the 7 ExamCram Online Test Prep and save 12% with this coupon code: webinar.

deferred variable annuities

A deferred variable annuity is an investment product with aspects of a retirement plan plus an insurance rider. The "deferred" part means that the individual plans to wait to receive money, and will likely be penalized with a surrender charge if he changes his mind and takes some money out before the surrender period has elapsed. The "variable" part means that when the individual begins to receive payments, those payments will--yes--vary. Is the "annuitant" assured of getting his principal/original investment back? No. During the "accumulation phase" his beneficiary would receive at least what he put into the contract if he were to die, but that's a different matter. Because of the surrender charge, a deferred variable annuity is only suitable for someone with no liquidity needs on this money. They also should have maxed out all other retirement vehicles before putting money into a variable annuity. The ideal candidate for a deferred variable annuity is someone who has already maxed out the 401K and any other plans but still has lots of money he wants to grow tax-deferred. As long as he doesn't need to touch this money for a while and as long as he's comfortable being in the stock and bond markets, subject to all kinds of investment risk, the product may be suitable.