If you're reading this blog it's because you either 1) are new to Finance and need to learn what ETF, MBS, ABS, etc mean 2) need a quick re-cap on a topic 3) are studying for a major finance exam. Whatever your reasoning may be, I'd like to welcome you. I hope this information proves useful.
A quick background: I'm a 20-something old female who just graduated with a degree in Economics. As I entered the real world, I realized I didn't know as much finance as I thought I did. I landed my first job in a horrible economy (yay me!), but couldn't make sense of the everyday diction - it was like learning another language! So I decided to study for an extensive, 3 level finance exam (yes - that one).
With the first exam date only 2.5 months away, I thought I'd start a blog to track my progress. While the information here may prove useful if you are studying for the exam, please note this is not a study guide. I am not affiliated with the test makers. Just an average gal looking to pass the exam.
As I begin studying (should've started months ago, I know), I will post reviews of the sessions. By breaking it down, I hope this material helps not only my understanding, but anyone out there who is trying to figure out what the hell a collateralized mortgage obligation or a hybrid security is.
To those taking the exam in June - Good luck!
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