Revision Kick Start

I may have mentioned it earlier but I am using FinQuiz notes, as I used them in Level II, along with Schweser study notes to prepare for LIII. The whole week I spent on revising Fixed Income (reading 23,24,25,26) and IPS for individual investors. As I have been discussing it earlier the simple way to check our retention level is to note the time one takes to revise the stuff. If we are taking the same time as it was taken during the first reading again then the situation is a bit worst. If we are taking less time while revising the same area then we are progressing in terms of retention. It is very important to follow the same study material which was used to cover the topics at first place. Like I used the FQCN for reading 10 to on wards till 14, I was able to revise the stuff in quite less time and more efficiently. Similarly the areas which I've covered through Schweser, I will revise from there to save my time & increase their effectiveness.

The next week I'll be doing readings on making IPS for institutions along with the section covering Equity (Reading 27 to 30).

Key Terms - Level III

Usually when the word essay is used, the sketch which strikes the mind is more or less related to something detailed or a kind of a vignette. As per my understanding, so far, the morning section of Level III demands, to a considerable extent, the structured response which may comprise of terminologies which must be remembered. As I am in the initial phases of my preparation and going through fixed income section which has a fancy name in Level III as its associated with portfolio management, I am gradually realizing the importance of remembering they key terms. I mean we could have questions in which our desired response should only be those terms! For majority remembering and cramming the terms in late Feb or in start of March 2013 might be a suitable strategy but considering how I used to prepare in LI and LII - gradually, I think I should try to remember their names and try to connect them with the concepts to get comfortable with them.

Good Luck!