Series 7 Exam For Dummies

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John Wiley & Sons, Apr 6, 2012 - Study Aids - 384 pages
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Your no-nonsense guide to acing the Series 7 exam

In order to become a stockbroker and sell securities, you must first pass the Series 7 exam—a 6-hour, 250-question monstrosity. Unlike many standardized tests, the Series 7 exam is harder than it seems, and people who score below 70% must retake the test, having to wait at least a month before retaking it and paying hefty registration fees. Luckily, there's Series 7 Exam For Dummies—the leading guide that not only shows you how to think like a financial advisor but also like the test designers. Rather than an all-encompassing, comprehensive textbook, this guide covers only what's on the test, offering formulas, tips, and basic info you need to study.

Packed with tips for answering questions and taking the test, Series 7 Exam For Dummies continues to be the trusted reference for anyone looking to ace the exam and start their career. The test has gone through its first major overhaul in more than a decade, so in addition to updates required to keep the book in line with the latest exam, this new edition provides two completely new practice tests. Plus, you'll find easily navigable content review covering everything you'll encounter on test day.

  • Presents straightforward information on complex concepts
  • Covers every topic you'll encounter on the exam
  • Helps you understand difficult subject matter with confidence and ease

Brimming with valuable information and know-how, this no-nonsense guide is your ticket to scoring high on the Series 7 exam.

 

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User Review - Flag as inappropriate

I love dummies series.
This one is well written, easy to understand and follow type book.
I'm using STC and Kaplan as I write to study the overall materials, and when a concept bugs me much, I just
come and read the dummies.
Give it a try... another way to put it sometimes, does the wonders.
Thanks!
 

Contents

Introduction
1
So You Want to Sell Securities Introducing the Series 7 Exam
7
Preparing for the Series 7 Exam
17
Examining and Mastering Question Types
29
Surviving Test Day
41
Corporate Ownership Equity Securities
61
Debt Securities Corporate and U S Government Loans
73
Municipal BondsLocal Government Securities
93
Playing Nicely Serving Your Customers
181
Going to Market Orders and Trades
199
Making Sure the IRS Gets Its Share
213
No Fooling Around Rules and Regulations
225
Putting Your Knowledge to Good Use
247
Answers and Explanations to Practice Exam Part I
269
Nothing but Net Practice Exam Part II
287
Answers and Explanations to Practice Exam Part II
309

Delving Deeper Security Investments with a Twist
109
Delving Deeper Security Investments with a Twist 109 Chapter 9 Borrowing Money and Securities The Long and Short of Margin Accounts
111
Delivering Diversification with Packaged Securities
127
Working with Direct Participation Programs
141
Options The Right to Buy or Sell at a Fixed Price
151
The Part of Tens
325
Ten Ways to Start Your Career Off Right
331
Index
337
Copyright

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About the author (2012)

Steven M. Rice is a partner and instructor at the Empire Stockbroker Training Institute, one of the largest and most successful securities training schools in the country.

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