If you have been following this blog for a few years than you are aware that over the past 2 years I have been working on completing the Chartered Financial Analyst (CFA) program. This June I sat for the third level (and final) exam, after a six hour long journey I left the exam not feeling very great about it. Level III results were announced on Tuesday and it had an overall passing rate of 52% (level III pass rate averages around the 55% mark). I was among the lucky 52% who passed! Yes, it’s party time!
The overall journey has been a long and exhausting one, physically and emotionally. I have to thank my wife for her patience and support over the past 2 years, without her I would have not been able to complete this intense program at this pace.
Was it worth it? From an educational point of view I would say that it was definitely worth it, from a career advancement perspective it’s probably a bit too early to tell but it definitely won’t hurt! Either way I have earned some bragging rights by completing all three levels on the first attempt at the accelerated pace . Statically only about 30% of candidates who sit for level 1 go on and complete all three levels and around 6% do so on their first attempt.
Here is a bit more info about the CFA program if you are interested. If you are thinking of enrolling for the program and have questions feel free to get in touch with me, I’d be happy to answer any questions I can.
Alright enough about me! Here are a few great articles to read over the weekend!
When Will Retail Investors Call It Quits? @ The Intelligent Investor
Investing Outperformance is Necessarily Rare @ Michael James on Money
Reader Mail: ETFs vs No Load Mutual Funds and Starting a Financial Journey @ Million Dollar Journey
Drought: Are You Ready for Food Prices Inflation? Free From Broke
Should You Enjoy Retirement in a Different City? @ Canadian Finance Blog
Investment Dogs: Why Is It So Hard To Sell? @ Boomer & Echo
Retirement Warning: The Safe Withdrawal Rate is NOT a Fixed Number @ Out of Your Rut