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- Topic: AM I OVER THE HILL
| Author | Topic: AM I OVER THE HILL |
|---|---|
| mokat @2013-06-02 06:18:57 |
I AM PRESENTLY AND FOR THE PAST 10 YEARS IN STRUCTURED FINANCE. I AM BEING OUTSOURCED WITHIN 12 MONTHS OR LESS. CAN THE CFA GIVE ME MORE OPTIONS FOR A 42 YEAR OLD. THANK YOU |
| mths @2013-06-07 14:53:00 |
mokat, it is never too late to start something new. And I always believe investment in education will not be wasted as the knowledge you gain will always with you and be yours. However, you need to know what is your objective of taking cfa ? If your objective is clear, go for it as QIUCKLY as you can, as time waits nobody. |
| 0is4eva @2013-06-12 20:33:15 |
Yeah, it surely can. But, buy yourself the best study material you can find - it's harder to learn new stuff at 42 than it is at 22. I should know. AnalystNotes pro package is really a good one for $99. |
| mokat @2013-06-23 07:16:11 |
HI 0is4eva, YOU MISSED THE POINT. IT IS NOT THE ABILITY TO LEARN - I'M NOT BRAIN DEAD. IT WAS GETTING THE NEW JOB. FYI I AM IN BETTER HEALTH THEN MANY 22 YEAR OLD'S. |
| 0is4eva @2013-06-24 09:31:13 |
I didn't miss the point at all. Sorry, mokat, but i think you're in the wrong there. |
| bahodir @2013-06-27 17:48:14 |
mokat, I think its a good decision to take CFA. And I'm sure 0is4eve by his/her words "it's harder to learn new stuff at 42 than it is at 22." meant that at 42 you have little things to learn, cuz you already worked in this sphere and know many stuff. |
| 0is4eva @2013-07-30 14:42:19 |
Truth of the matter is that, yes, indeed one does know a lot more at 42 than at 22 (fortunately) but at the same time it is becoming more and more difficult to learn things by heart (such as formulas). When I was 22 (or 16 for that matter) I could postpone studying to the night before an exam and remember formulas and complicated theory 'by heart', go to the exam and score full points without great effort. I just learned without difficulty. These days (at 42!) I find this increasingly difficult to learn things for which I'm not strongly motivated, which was not the case at e.g. 16 when I could memorize just about anything thrown at me in school. I also have to work more with my study techniques: 'notetaking skills', 'memory skills', 'time management skills', 'study habits' and 'study methods', 'revision skills' [groan !!] and 'specific exam preparation'. I can't believe it that you, mokat, let yourself be upset by someone's comment about finding the best study material and not relying too much on some underlying presumption that one is 'smarter' so as to being able to cope solely on summaries or other 'shortcuts'. Remember that after all it is ONLY about 35-40% who actually do pass the level I exam, for some odd reason, and all these people are probably very smart and intelligent and dedicated guys -- even those unfortunate who do not pass the test -- which is to say 60-65% of the those who sit for the level I exam any given year. I see no reason at all not to buy the best material I can find so as to stake the odds in my favour as much as I can. My only suggestion, however not elaborated in the previous entry, was for you to think about doing the same. At our age the actual cost of buying books and computer software shouldn't really pose a problem. |
| chipster @2018-09-24 07:28:55 |
mokat, remember the old quote (can't remember who it is from) "the younger man knows the rules, the older man the short cuts". Nothing replaces experience when dealing with financial markets. Youth is only attractive to potential employers because they believe they can entice you to work 70 hrs a week for low wages. BTW, I am a physician working full time, substantially older than yourself and attempting to get my CFA--not for money or a job, just out of personal challenge and curiosity about Finance. |
