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Claire Bradley - 101 Ways to Score Higher on Your Series 7 Exam: What You Need to Know Explained Simply

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101 Ways to Score Higher on Your Series 7 Exam: What You Need to Know Explained Simply: summary, description and annotation

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Instead of panicking and worrying about the Series 7, pick up this book and be confident in your test-taking abilities. Whether you are taking the test for the first time or sitting for the second time, you will learn valuable information and practical tips for passing the exam on the first try and improving your score.

It has been estimated that one half of all people taking the Series 7 exam will sit for the test a second time. Taking and passing the Series 7 exam gives you the necessary qualifications to make trades with corporate securities, commodities, and futures. Some people say that this exam is the hardest one they have ever taken. To ensure that this is not the case for you, be sure to read 101 Ways to Score Higher on Your Series 7 Exam.

In this new book, you will learn about and understand the organization of the exam and the computerized format. You will learn how to read questions correctly, how to control your anxiety, and how to approach each section. In addition, you will be presented with a list of resources to help you prepare and dozens of proven strategies, mindsets, and problem solving methods.

101 Ways to Score Higher on Your Series 7 Exam is filled with information about stocks, stock markets, government securities, municipal and corporate bonds, options, indexes, mutual funds, interest funds, interest rates, mortgages, ethics, margin accounts, insider trading, short selling, and dividends, all of which are topics addressed on the exam. Also included is a review of the seven critical functions of a registered representative. You will also find practice questions and ways to avoid making common mistakes.

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101 Ways to Score Higher on Your Series 7 Exam

What You Need to Know Explained Simply

By Claire Bradley

101 Ways to Score Higher on Your Series 7 Exam: What You Need to Know Explained Simply

Copyright 2010 Atlantic Publishing Group, Inc.

1210 SW 23rd Place Ocala, Florida 34471

Phone 800-814-1132 Fax 352-622-1875

Website: www.atlantic-pub.com

Email:

SAN Number: 268-1250

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the Publisher. Requests to the Publisher for permission should be sent to Atlantic Publishing Group, Inc., 1210 SW 23rd Place, Ocala, Florida 34471.

Library of Congress Cataloging-in-Publication Data

Bradley, Claire, 1974-

101 ways to score higher on your series 7 exam : what you need to know explained simply / by Claire Bradley.

p. cm.

Includes bibliographical references and index.

ISBN-13: 978-1-60138-223-8 (alk. paper)

ISBN-10: 1-60138-223-5 (alk. paper)

1. StocksExaminations, questions, etc. 2. SecuritiesExaminations, questions, etc. I. Title. II. Title: One hundred ways to score higher on your series 7 exam.

HG4661.B67 2009

332.63--dc22

2009039869

LIMIT OF LIABILITY/DISCLAIMER OF WARRANTY: The publisher and the author make no representations or warranties with respect to the accuracy or completeness of the contents of this work and specifically disclaim all warranties, including without limitation warranties of fitness for a particular purpose. No warranty may be created or extended by sales or promotional materials. The advice and strategies contained herein may not be suitable for every situation. This work is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. If professional assistance is required, the services of a competent professional should be sought. Neither the publisher nor the author shall be liable for damages arising herefrom. The fact that an organization or website is referred to in this work as a citation and/or a potential source of further information does not mean that the author or the publisher endorses the information the organization or website may provide or recommendations it may make. Further, readers should be aware that Internet websites listed in this work may have changed or disappeared between when this work was written and when it is read.

TRADEMARK: All trademarks, trade names, or logos mentioned or used are the property of their respective owners and are used only to directly describe the products being provided. Every effort has been made to properly capitalize, punctuate, identify and attribute trademarks and trade names to their respective owners, including the use of and wherever possible and practical. Atlantic Publishing Group, Inc. is not a partner, affiliate, or licensee with the holders of said trademarks.

A few years back we lost our beloved pet dog Bear who was not only our best - photo 1

A few years back we lost our beloved pet dog Bear, who was not only our best and dearest friend but also the Vice President of Sunshine here at Atlantic Publishing. He did not receive a salary but worked tirelessly 24 hours a day to please his parents.

Bear was a rescue dog who turned around and showered myself, my wife, Sherri, his grandparents Jean, Bob, and Nancy, and every person and animal he met (well, maybe not rabbits) with friendship and love. He made a lot of people smile every day.

We wanted you to know a portion of the profits of this book will be donated in Bears memory to local animal shelters, parks, conservation organizations, and other individuals and nonprofit organizations in need of assistance.

Douglas and Sherri Brown

PS: We have since adopted two more rescue dogs: first Scout, and the following year, Ginger. They were both mixed golden retrievers who needed a home.

Want to help animals and the world? Here are a dozen easy suggestions you and your family can implement today:

  • Adopt and rescue a pet from a local shelter.
  • Support local and no-kill animal shelters.
  • Plant a tree to honor someone you love.
  • Be a developer put up some birdhouses.
  • Buy live, potted Christmas trees and replant them.
  • Make sure you spend time with your animals each day.
  • Save natural resources by recycling and buying recycled products.
  • Drink tap water, or filter your own water at home.
  • Whenever possible, limit your use of or do not use pesticides.
  • If you eat seafood, make sustainable choices.
  • Support your local farmers market.
  • Get outside. Visit a park, volunteer, walk your dog, or ride your bike.

Five years ago, Atlantic Publishing signed the Green Press Initiative. These guidelines promote environmentally friendly practices, such as using recycled stock and vegetable-based inks, avoiding waste, choosing energy-efficient resources, and promoting a no-pulping policy. We now use 100-percent recycled stock on all our books. The results: in one year, switching to post-consumer recycled stock saved 24 mature trees, 5,000 gallons of water, the equivalent of the total energy used for one home in a year, and the equivalent of the greenhouse gases from one car driven for a year.

Dedication

I would like to thank editors Amy Moczynski and Carrie Speight at Atlantic Publishing for their sharp eyes and great editing advice, all the participants in the case studies for sharing their experience, and my family for their patience and understanding while I was working.

Introduction

Congratulations on your decision to take the Series 7 Exam. Undoubtedly, you understand that taking the exam will lead to a new career with unique possibilities for the future and exciting, fresh challenges.

The Series 7 Exam qualifies you to hold the title of General Securities Registered Representative, or someone who works for a broker/dealer. Once you pass the exam, you are licensed to buy and sell securities, such as bonds, stocks, options, and so on.

You probably have learned that taking the Series 7 Exam is no easy task. The knowledge required to pass this exam can be daunting. Some people say that this exam is the hardest one they have ever taken.

This book is here to guide you through your studies and includes insider tips to help you score higher on your exam. You will learn how to study more effectively for the exam with information in an easy-to-understand format; how to prepare with practice questions at the end of each chapter, as well as with a full 260-question practice test, to ensure you have the knowledge needed on testing day; how to use your study time efficiently; and how to use testing techniques to ensure you score as high as possible.

Studying for your Series 7 Exam is your first step toward an exciting career as a registered representative. By using the time management tools and industry knowledge explained simply in this book, you are well on your way to facing the challenges ahead. With 101 Ways to Score Higher on Your Series 7 Exam: What You Need to Know Explained Simply as your guide, you will be prepared come testing day.

How to Use This Book in Your Studies

Before you begin studying the test material in chapters 2 through 13, read the studying techniques listed in Chapter 1. With the amount of material you need to review, it is crucial you organize your time and efforts just like you will once you become a registered representative. Chapter 1 will help you establish a studying schedule and reveal ways to avoid wasting time.

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