Features
- Cover Type: Paperback with 384 pages
- Published by: For Dummies; Pap/Cdr edition April 9, 2007
- Written in: English
- ISBN 10 Number: 0470099321
- ISBN 13 Number: 978-0470099322
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Book Dimensions:
10.9 x 8.2 x 1.1 inches
- Weighs: 1.1 pounds
Book Description
In order to become a stockbroker and sell securities, you must first pass the Series 7 exam—a 6-hour, 250-question monstrosity. Unlike many standardized tests, the Series 7 exam is harder than it seems, and people who score below 70% must retake the test, having to wait at least a month before retaking it and paying hefty registration fees.
Luckily, there’s
Series 7 Exam For Dummies—the perfect guide that not only shows you how to think like a financial advisor but also like the test designers. Rather than an all-encompassing, comprehensive textbook, this guide covers only what’s on the test, offering formulas, tips, and basic info you need to study. It empowers you with the ability to think each problem through and get to the bottom of what’s being asked, providing you with everything you need and want to know about:
- Distribution of profits
- Types of securities offerings
- Investing in all types of stock
- Bond types, prices, yields, and risks
- Handling margin accounts
- Characteristics of different investment companies
- Direct Participation Programs and other types of partnerships
- Option selling, buying, and trading
- Security analysis and security markets
Packed with valuable information and know-how, this no-nonsense guide provides a full-length practice exam with answers and explanations. A bonus CD with another simulated practice test is also included. Whether you’re preparing to take the test for the first time or the fourth time,
Series 7 For Dummies is the book for you!
Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.
Back Cover Copy
Reviews key exam topics — from underwriting to options to analyzing risk The fun and easy way to pass the Series 7 exam and get your license Planning to take the Series 7? This plain-English guide is packed with tips and tricks for studying smart and improving your score. You'll see how to break down questions to understand what they're really asking and practice with two complete exams — one in the book and a different one on CD that emulates the electronic format of the actual test!
- Manage your study time wisely
- Know what to expect on exam day
- Understand the computerized format
- Answer specific question types
- Think like a financial advisor
- Avoid common exam traps
Reader Reviews
This is an excellent book, written in a clear & concise manner. Thank God the author breaks everything down for you and thank God he recommends study materials that you should be using in conjunction with his book. I hadn't a clue as to how to approach preparing for this exam. Now, I feel I'll be not only be ready, but I'll have an excellent chance of acing the 7. This book is a must-have for anyone studying for the Series 7 exam!!!
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