Hey everyone, I’m in a bit of a panic here. My CFA Level 1 exam is coming up in just two months, and I haven’t even started on fixed income, portfolio management, derivatives, ethics, or alternative investments yet. Yikes!
I’m particularly worried about fixed income because it’s such a massive topic. Since I’m not working right now, I can dedicate full days to studying, but I’m still freaking out about the time crunch.
Can anyone who’s been through this before give me some advice on which parts of fixed income I might be able to skip or skim? I think I can handle the other subjects, but fixed income is just overwhelming me right now.
Any tips would be super appreciated. I’m having trouble sleeping because of the stress, so some guidance would really help calm my nerves. Thanks in advance!
Whoa, Charlotte91! Two months to go and still so much ground to cover? I totally get why you’re freaking out, especially about fixed income. That stuff can be a real beast!
Have you thought about maybe tackling the basics first and then seeing how much time you have left? Like, maybe focus on bond characteristics, yield measures, and the relationship between price and yield? Those seem pretty fundamental.
I’m curious though - what’s your study strategy looking like right now? Are you using any particular resources or study guides that are helping you prioritize?
Also, don’t forget to breathe, okay? Stress can really mess with your studying mojo. Maybe we can brainstorm some ways to make this less overwhelming for you?
Anyone else want to chime in with some fixed income study hacks? I’m sure Charlotte91 would appreciate all the help she can get right now!
As someone who’s been through the CFA Level 1 grind, I can relate to your time crunch, Charlotte91. For fixed income, I’d suggest focusing on the core concepts: bond valuation, yield curves, and duration/convexity. These form the foundation and are heavily tested.
If you’re really pressed for time, you might consider skimming over the more specialized topics like structured products or credit analysis. However, keep in mind that skipping any content carries risks.
My advice would be to use practice questions to gauge your understanding quickly. This can help you identify which areas need more attention. Remember, a solid grasp of the fundamentals in fixed income can carry you far in the exam.
Lastly, don’t neglect ethics – it’s heavily weighted and can be a game-changer. Good luck with your studies!
hey charlotte91, dont panic! fixed income’s tough but u can do it. focus on bond basics, yield stuff, and duration/convexity. maybe skip structured products if ur really short on time.
practice questions r ur friend here. theyll show u where to focus. oh and dont forget ethics - its a big deal.
