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I hate how IPS objectives/constraints....

seems to obvious in hindsight but there was no way you were getting that answer the first time around.

ohh and the all time favorite “maintain purchasing power by indexing to inflation”

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i always break it down to “total growth” return if they need current income for expenses & retirement focus (and mention those facts) which is usually 90% of the time

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me too, i wonder how they mark that…like when formulating return objectives especially i never get all the four bullet points they had; maybe 2 of them!

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yes that one wasn’t that hard but i missed like half the points, mostly from rushing through…on 2008 took my time and got it almost all right…
got completely burnt on the cash and carry though lol

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the 2007 exam, individual ips was what prompted me to write this. i literally missed three or four details.

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i feel pretty much the same, in hindsight majority of questions are easy and straight forward, especially individual ips…

the only thing i’ve found thats helped as i’ve gone through the practice exams…is to slow down and focus on each detail…you skim read over a single sentence and miss a minor crucial detail worth 3 points

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With the exception of maybe derivatives, I feel like the whole curriculum of Level III is like that.. Seems so easy when you read it, then you get questions on it, and you’re f*cked

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