标题: To retake or not to retake [打印本页] 作者: joehogue 时间: 2011-7-13 16:30 标题: To retake or not to retake
I had much better luck with Level I and II, but this is my THIRD attempts at the Level III. During which time I had missed my two little girls grow up. I'm not sure it will be worth for me to retake the freaking Level III next year. Not to mention, my marriage is suffering as well.
Any thoughts? I feel like I really have nothing more to give.作者: ohai 时间: 2011-7-13 16:30
Per my employer, it's nice to have after your name but I have few collegues who earned the CFA charter and they're not rewarded for their efforts. So, I'm not sure at this point unless I go to other institutions.作者: mp3bu 时间: 2011-7-13 16:30
ohai Wrote:
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> Passing L3 is not intrinsically valuable. What
> will be its effects on your career?
Um. It is valuable to have the CFA designation if you believe it to have value. Self-worth, pride, confidence -- these things have value.
Anyway -- if L3 has no value, then what say you about L1 and L2?作者: wake2000 时间: 2011-7-13 16:30
I would keep taking it man... too much time and wasted $$ to quit now. You have to remember that as a rule-of-thumb, first time takers each year are at a disadvantage because its their first go-round with the new curriculum whereas you've seen it before. If you give yourself a legit chance to pass each year, chances are you'll eventually get through it... I'm most likely guna be a third timer next year because I thought the morning section this year may as well been written in hyrogliphics. Bottom line is that you're not alone in this torture so buck up and resaddle for L3 2011!作者: jmh530 时间: 2011-7-13 16:30
charlottekid Wrote:
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>
> Um. It is valuable to have the CFA designation if
> you believe it to have value. Self-worth, pride,
> confidence -- these things have value.
>
Really? I would feel very sorry for someone who needs to derive self worth from a series of exams, but if that's the case for you, then so be it.
Edited 1 time(s). Last edit at Monday, August 2, 2010 at 03:00PM by ohai.作者: nannan66 时间: 2011-7-13 16:30
I would keep taking it man... too much time and wasted $$ to quit now...........................................the concept of sunk cost mean anything to anyone?作者: susana 时间: 2011-7-13 16:30
I'd say it depends on if it will have a significant impact on your career, whether at your current firm or next one, and if that impact will in turn make a significant impact on you and your family's life. If your life will more likely be improved (looking beyond financially) by spending more time with your kids and wife, then I would say that is what matters and where your focus should be directed instead of Level III. (...and from a financial standpoint, divorce, alimony and child support probably cost more than any future career benefits you would garner from having ", CFA" after your name)作者: bodhisattva 时间: 2011-7-13 16:30
@ DTM86 sorry should have been clearer
i was quoting BrockLanders post couple posters up ................yeah no matter what the time is already gone the decision to take level 3 should be based on the incremental benfit vs incremental cost but of course you already knew all that 作者: infinitybenzo 时间: 2011-7-13 16:30
its really a catch 22, because when you get divorced bc of prepping so hard for the exam your wife will most likely take your kids which might lead you to do something irrational and unethical and then CFAI will pull your charter...
tread lightly in this situation buddy作者: mcmc 时间: 2011-7-13 16:30
Keep taking it. Wives b!tch. If it's not about you not about being around enough it's that you're not making enough money.
Just plan accordingly. Try to find times to study so that you're still giving enough time to your family. You could wake up early and study. Study on your lunch break. Probably the best solution - Wake up early on weekends and study until 2:00.
Plus you shouldn't have to study as much as you did in year's past being you're a repeater.
Anyway you might pass in a few weeks so isn't this post a little early?作者: canadiananalyst 时间: 2011-7-13 16:30
do it do it do it! don't give up now! maybe, MAYBE take a year off but really, just do it!
you've come so far, and the whole program is a huge mind game, but you can and will beat it.
the key is to strike the right balance, which is really just another way of saying "discipline".
what you need is 300 hours max. between sep and may of 2011. that's not even 40 hours per MONTH. in other words, its really like 1.15 hour per day, firm. what if you had to work one hour later, sure, missing time with kids, whatever. its an hour. you probably spend longer than that commuting, or working out. you can do that standing on your head!
do you watch TV? if yes, STOP. spend time with kids, by all means, but be disciplined about it. make it quality time.
in fact, i find that the more restricted my leisure time is, the more i enjoy it, and the more memorable and special i make sure that it is.作者: PalacioHill 时间: 2011-7-13 16:30
This is a really interesting thread.
I am quite certain that I am not going to get through this year, even I am thinking if I should attempt it again in 2011作者: bkballa 时间: 2011-7-13 16:30
iteracom Wrote:
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> A lot of people here are young, single and don't
> have a family. They don't know what it's like to
> have children and have to miss the time with them,
> so I'm not surprised to see a lot of people above
> say to go for the CFA.
>
> My advice would be this, if you have a job and
> it's doing ok, take some time and spend it with
> your family. If you don't pass this year, just
> delay L3 one year and then get back to it the
> following year.
I would give you the same advice. If you fail this year, take some time for a rest. Enjoy your time with your family and register fot June 2012 exam. CFA worths a lot, but does not worth your family. At least not for me. The family come first.作者: ll11 时间: 2011-7-13 16:30
zazu11 Wrote:
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> iteracom Wrote:
> --------------------------------------------------
> -----
> > A lot of people here are young, single and
> don't
> > have a family. They don't know what it's like
> to
> > have children and have to miss the time with
> them,
> > so I'm not surprised to see a lot of people
> above
> > say to go for the CFA.
> >
> > My advice would be this, if you have a job and
> > it's doing ok, take some time and spend it with
> > your family. If you don't pass this year, just
> > delay L3 one year and then get back to it the
> > following year.
>
>
> I would give you the same advice. If you fail this
> year, take some time for a rest. Enjoy your time
> with your family and register fot June 2012 exam.
> CFA worths a lot, but does not worth your family.
> At least not for me. The family come first.
+1000.作者: Chuckrox 时间: 2011-7-13 16:30
What is the value of money earned by sacrificing the real happiness in life (ur kids growing up n ur wife)????
My opinion - Worthless作者: strikethree 时间: 2011-7-13 16:30
