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    <title>Procrastination Central</title>
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    <updated>2008-01-31T20:47:44Z</updated> 
    <author>
        <name>Heike</name>
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    <id>tag:vox.com,2006:6p00c225279d8e604a/tags/exam/</id> 
    <subtitle>A welcome distraction from life&#39;s responsibilities</subtitle>  
    
    <entry>
        <title>Let the Studying Begin....</title>   
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        <published>2008-01-31T20:47:44Z</published>
        <updated>2008-01-31T20:47:44Z</updated>
    
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        <p>My books arrived today.&#160; So did the study guides and DVDs, etc.....&#160; Time to get crackin&#39;!</p>
<p>I plan on easing myself into it today with Ethics, a fairly easy topic.&#160; This weekend I&#39;ll be tackling the most hidious material - the dreaded Quantitative Analysis. </p>
<p>I can&#39;t believe I&#39;m starting this process all over again..... 127 days -- stupid webpage tells me!!!!</p>   <p style="clear:both;"> 
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    <entry>
        <title>Let the countdown begin....</title>   
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        <published>2008-01-29T17:51:51Z</published>
        <updated>2008-01-30T00:41:43Z</updated>
    
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        <p>This morning I signed up for the Level Two study class... on their website they already have the coutdown until the June exam.&#160; 129 Days.&#160; Yikes - I HATE that they have that!!!</p>
<p>Tonight is class..... the topic is one of the trickiest, so I figure I better not waste anytime and just go.&#160; It&#39;s annoying though, because I won&#39;t have a copy of the handout with me.... I would have blown it off, but I&#39;m missing next week because of a business trip....&#160; </p>
<p>I realized that I was going to have to scale back my life to stay sane.&#160; So, no trip to Jersey this weekend -- very bummed!&#160; I was supposed to go skiing with my cousin.&#160; Also seriously considering whether moving in late March is a good idea for my sanity -- tough call though.&#160; I AM ITCHIN&#39; to get out of our current apartment building.&#160; Especially on a day like today when I woke up to (MORE) jackhammering and no hot water.....&#160; COLD SHOWER AT 6:15 is never fun.</p>
<p><strong>Ugh.&#160; I hope I can survive the&#160;next 129 days!!!</strong>&#160; </p>
<p><em>Not off to a good start.&#160; Didn&#39;t get out of work until well after 6pm today.&#160; Back at the computer after some dinner and a glass of wine to prep for my meetings in DE tomorrow....&#160; not feeling too bad about skipping class today - I realized it was unlikely I would retain much about my most troublesome topic without having done the reading beforehand -- that would have just frustrated me.&#160; </em></p>
<p><em>Looks like I have a weekend of QUANT in my future.... regression analysis - what a hoot!</em></p>   <p style="clear:both;"> 
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    <entry>
        <title>I don&#39;t know how, BUT I PASSED!</title>   
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        <published>2008-01-25T20:16:13Z</published>
        <updated>2008-01-25T20:18:09Z</updated>
    
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        <p><span id="lblMC">I found out on Wednesday that I passed Level 1.&#160; it was a little maddening, actually.&#160; I was en route to Phoenix, so was trying to log in from my blackberry from the PHL airport and sitting on&#160;the&#160;tarmack.&#160;&#160;When I landed, over 5.5 hours later, I STILL couldn&#39;t get on the site and realized that my password must be wrong (I figured it was an overload on the server in the morning).&#160; </span></p>
<p><span>So, I&#39;m sitting on the bus that takes you to the rental car lot in Phoenix, when I finally got the news.&#160; Honestly, I don&#39;t know how they passed me.&#160; I got less than 50% correct for two different sections - one of them was bonds, so much for having that one in the bag because of my live-in tutor!&#160; I had been saying that if I did pass, it would be because I squeeked by.&#160; Anyone who is on the fence between passing and failing usually gest decided by the Ethics section - which is seems is the only section that I clearly had a handle on.&#160; The pass rate was 39% - yikes!</span></p>
<table id="dgrMC" style="BORDER-COLLAPSE: collapse">
<tbody>
<tr style="FONT-WEIGHT: bold">
<td style="WIDTH: 7%"><strong></strong></td>
<td style="WIDTH: 42%"><strong>Topic</strong></td>
<td style="text-align: middle; WIDTH: 12%"><strong></strong></td>
<td style="text-align: middle; WIDTH: 12%"><strong>&lt;=50%</strong></td>
<td style="text-align: middle; WIDTH: 12%"><strong>51%-70%</strong></td>
<td style="text-align: middle; WIDTH: 12%"><strong>&gt;70%</strong></td></tr>
<tr>
<td></td>
<td>Alternative Assets</td>
<td style="text-align: middle"></td>
<td style="text-align: middle"><span id="dgrMC__ctl2_lblNo1m">-</span> </td>
<td style="text-align: middle"><span id="dgrMC__ctl2_lblYes2m">*</span> </td>
<td style="text-align: middle"><span id="dgrMC__ctl2_lblNo3m">-</span> </td></tr>
<tr>
<td></td>
<td><span style="color: #ff0000">Derivatives</span></td>
<td style="text-align: middle"><span style="color: #ff0000"></span></td>
<td style="text-align: middle"><span style="color: #ff0000"><span id="dgrMC__ctl3_lblYes1m">*</span> </span></td>
<td style="text-align: middle"><span style="color: #ff0000"><span id="dgrMC__ctl3_lblNo2m">-</span> </span></td>
<td style="text-align: middle"><span style="color: #ff0000"><span id="dgrMC__ctl3_lblNo3m">-</span> </span></td></tr>
<tr>
<td></td>
<td>Economics</td>
<td style="text-align: middle"></td>
<td style="text-align: middle"><span id="dgrMC__ctl4_lblNo1m">-</span> </td>
<td style="text-align: middle"><span id="dgrMC__ctl4_lblYes2m">*</span> </td>
<td style="text-align: middle"><span id="dgrMC__ctl4_lblNo3m">-</span> </td></tr>
<tr>
<td></td>
<td>Equity Analysis</td>
<td style="text-align: middle"></td>
<td style="text-align: middle"><span id="dgrMC__ctl5_lblNo1m">-</span> </td>
<td style="text-align: middle"><span id="dgrMC__ctl5_lblYes2m">*</span> </td>
<td style="text-align: middle"><span id="dgrMC__ctl5_lblNo3m">-</span> </td></tr>
<tr>
<td></td>
<td><strong><span style="color: #3366ff">Ethical &amp; Professional Stnds.</span></strong></td>
<td style="text-align: middle"><strong><span style="color: #3366ff"></span></strong></td>
<td style="text-align: middle"><strong><span style="color: #3366ff"><span id="dgrMC__ctl6_lblNo1m">-</span> </span></strong></td>
<td style="text-align: middle"><strong><span style="color: #3366ff"><span id="dgrMC__ctl6_lblNo2m">-</span> </span></strong></td>
<td style="text-align: middle"><span style="color: #3366ff"><span id="dgrMC__ctl6_lblYes3m"><strong>*</strong></span> </span></td></tr>
<tr>
<td></td>
<td>Financial Statement Analysis</td>
<td style="text-align: middle"></td>
<td style="text-align: middle"><span id="dgrMC__ctl7_lblNo1m">-</span> </td>
<td style="text-align: middle"><span id="dgrMC__ctl7_lblYes2m">*</span> </td>
<td style="text-align: middle"><span id="dgrMC__ctl7_lblNo3m">-</span> </td></tr>
<tr>
<td></td>
<td><span style="color: #ff0000">Fixed Income Analysis</span></td>
<td style="text-align: middle"><span style="color: #ff0000"></span></td>
<td style="text-align: middle"><span style="color: #ff0000"><span id="dgrMC__ctl8_lblYes1m">*</span> </span></td>
<td style="text-align: middle"><span style="color: #ff0000"><span id="dgrMC__ctl8_lblNo2m">-</span> </span></td>
<td style="text-align: middle"><span style="color: #ff0000"><span id="dgrMC__ctl8_lblNo3m">-</span> </span></td></tr>
<tr>
<td></td>
<td>General Portfolio Management</td>
<td style="text-align: middle"></td>
<td style="text-align: middle"><span id="dgrMC__ctl9_lblNo1m">-</span> </td>
<td style="text-align: middle"><span id="dgrMC__ctl9_lblYes2m">*</span> </td>
<td style="text-align: middle"><span id="dgrMC__ctl9_lblNo3m">-</span> </td></tr>
<tr>
<td></td>
<td>Quantitative Analysis</td>
<td style="text-align: middle"></td>
<td style="text-align: middle"><span id="dgrMC__ctl10_lblNo1m">-</span> </td>
<td style="text-align: middle"><span id="dgrMC__ctl10_lblYes2m">*</span> </td>
<td style="text-align: middle"><span id="dgrMC__ctl10_lblNo3m">-</span> </td></tr></tbody></table>
<p>&#160;</p>
<p>I had said that I would sit for Level 2 if I passed..... haven&#39;t been very enthused at the thought of that since I found out I passed.... That&#39;s supposed to be the toughest of the three sections and I clearly didn&#39;t have a good handle on the material in level 1, which level 2 builds off....&#160;&#160; </p>
<p>Don&#39;t have much time to make a decision on this - If I am going to take it, I needed to start studying LAST WEEK ALREADY!</p>   <p style="clear:both;"> 
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    <entry>
        <title>Jumping out of my skin....</title>   
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        <published>2008-01-22T13:18:23Z</published>
        <updated>2008-01-22T13:18:23Z</updated>
    
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            <name>Heike</name>
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        <p>Exam results come out in just over 24 hours...... the wait hadn&#39;t been too bad during the holidays and even into January.&#160; Now I&#39;m at the point that I CAN&#39;T STAND IT ANYMORE..... TELL ME IF I PASSED!!!!</p>
<p>I&#39;ll be stuck in the airport waiting for a flight to Phoenix tomorrow when the results get posted online.... haven&#39;t decided yet if I want Adam to look up my results, or if I should just wait until I am settled in my hotel room to look them up myself.&#160; The suspense is killing me, but I would really like to be the first person to know if my efforts paid off.</p>
<p>I have to admit, I&#39;m a little scared of passing.&#160; I still think its the right decision to move forward with the exam and sit for Level 2 in June should I pass, BUT, I know how much work that it going to entail, and can&#39;t say I am jumping up and down at getting that burden on my shoulders again.&#160; </p>
<p>stay tuned......&#160; </p>   <p style="clear:both;"> 
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    <entry>
        <title>January 23rd...... drumroll please.....</title>   
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        <published>2007-12-10T20:27:28Z</published>
        <updated>2007-12-10T20:27:28Z</updated>
    
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            <name>Heike</name>
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        <p>Found out that this is the day that they will post the results of my exam.....&#160; Less than a week later study classes for Level 2 begin.&#160; Wow, not much of a break between finding out your fate and decided what your next move should be. </p>
<p>I am pretty sure I won&#39;t repeat Level 1 if I did indeed fail, but don&#39;t know if I have it in me to sit for Level 2 in June.&#160; Unfortunately, Level 1 is the only thing offered in December, so I don&#39;t opt to take it right away, I would have to wait a whole year and a half to have another chance....&#160; Level 2 is the hardest of the three levels.&#160; UGH.&#160; I have a few friends that plan on sitting for it, so that makes things slightly less bad.&#160; </p>
<p>One step at a time.... let&#39;s see if I passed first.&#160; FINGERS CROSSED!!!!</p>   <p style="clear:both;"> 
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    <entry>
        <title>I have my life back!!!</title>   
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        <published>2007-12-03T17:58:06Z</published>
        <updated>2007-12-03T17:58:06Z</updated>
    
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            <name>Heike</name>
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        <p>Painful exam was on Saturday...... glad that&#39;s over!!!</p>
<p>I thought I did pretty well in the morning section.&#160; I was pretty methodical, thought I did a good&#160;job of narrowing down my choices when I had to guess,&#160;and managed my time well.&#160; I was disappointed that so many questions seemed to focus on theory instead of application (meaning using the calculator).&#160; I left the morning session feeling like the test was hard, but I had done fairly well.&#160; The afternoon session was a different beast entirely.&#160; Much more difficult, more vague theory questions and many more instances where I had to guess without being able to eliminate any answer choices.&#160; </p>
<p>I was feeling bad going in to the exam that I hadn&#39;t studied on Friday and had instead spent the afternoon in bed trying to recover from this nasty cold..... its unlikely that I any amount of studying on Friday would have helped, since my studying was much more application-based and not so concentrated on the theories..... oh well.&#160; </p>
<p>Won&#39;t know the results for at least 4 weeks, probably not until mid-January. </p>
<p>In the meantime, I have a million things I have ignored that I finally get to tackle: selling my beloved Honda, Molly; learning Quicken; SHOPPING (I haven&#39;t been clothes shopping in ages); cleaning the fridge (which has been bothering me for weeks); hanging Xmas decorations, and oodles of other things.......&#160; </p>   <p style="clear:both;"> 
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    <entry>
        <title>Where I Spend My Days.... </title>   
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        <published>2007-11-30T03:15:40Z</published>
        <updated>2007-11-30T03:15:40Z</updated>
    
        <author>
            <name>Heike</name>
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        <p>This is where I have spent the better part of this week:&#160; The library in my apartment building..... (notice my one-liter tea thermos -- my most important study-aid!!!)</p>

    
    
    
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<p>Study, study, study.... some days have been better than others, both productivity-wise and confidence-wise... seems&#160;my cold has come back - hasn&#39;t&#160;helped things as I enter the home stretch.&#160;</p>
<p><strong>I&#39;LL BE SO HAPPY WHEN THIS IS FINALLY BEHIND ME!&#160; </strong>And to think that I&#39;m still considering sitting for Level 2 should I&#160;pass -- I guess I&#39;m just a glutton for punishment.... one step at a time - need to pass this test first.&#160;&#160;</p>
<p></p>
<p>&#160;</p>   <p style="clear:both;"> 
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    <category term="exam" scheme="http://heike.vox.com/tags/exam/" label="exam" /> 
    </entry> 
    
    <entry>
        <title>I {HEART} ADAM</title>   
        <link rel="alternate" type="text/html" title="I {HEART} ADAM" href="http://heike.vox.com/library/post/i-heart-adam.html?_c=feed-atom-full" />  
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        <published>2007-11-21T16:01:01Z</published>
        <updated>2007-11-22T00:18:32Z</updated>
    
        <author>
            <name>Heike</name>
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        <p>As a nice little treat after one of the weeks&#160;when I had been studying diligently, Adam bought me a &quot;Marvelous Morning&quot; Spa Package.&#160; I called up today and made arrangements to have it the day before the exam.&#160; I&#39;m getting a manicure, a facial, and a swedish massage.&#160; Yeah!!!</p>
<p>This will be a nice way to de-stress the day before the test..... this, and a little Ethics reading - that&#39;s what&#39;s on the agenda for next Friday.&#160; </p>
<p>&#160;</p>
<p><strong><span style="color: #ff0000; FONT-SIZE: 1.95em">TEST IS NOW ONLY 10 DAYS AWAY!!!!</span></strong></p>   <p style="clear:both;"> 
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    <category term="adam" scheme="http://heike.vox.com/tags/adam/" label="adam" /> 
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    </entry> 
    
    <entry>
        <title>Starting to Panic</title>   
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        <published>2007-11-12T02:19:59Z</published>
        <updated>2007-11-12T02:19:59Z</updated>
    
        <author>
            <name>Heike</name>
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        <p><strong>20 days until I take this test!!!!&#160;</strong>&#160; My brain was mush this weekend and I really didn&#39;t do much studying.&#160; I got less than 2 hours in this weekend.&#160; Not good.&#160; Not one bit.&#160; Even my &quot;down time&quot; was stressful, because I was thinking about how I SHOULD be studying....</p>
<p>Tomorrow will be a busy work day, but afterwards, it should get slower.&#160; I am going to start studying a few hours at work and then another 1.5-2hrs at night... no other way to do it if I want to pass....&#160; &#160;</p>
<p>If there was ever a time to kick it in to HIGH GEAR.&#160; <strong>IT&#39;S NOW!!!&#160; I can kiss my life goodbye until this test is behind me.&#160; </strong></p>   <p style="clear:both;"> 
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    <entry>
        <title>33 days and counting....</title>   
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        <published>2007-10-30T02:03:11Z</published>
        <updated>2007-10-31T11:46:19Z</updated>
    
        <author>
            <name>Heike</name>
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        <p>I studied like a mad-{wo}man this weekend... and have resigned myself to not having a life for another three weekends as well (with a fun wedding vacation slipped in).&#160; Friday, I took a vacation day - I have lots of days I won&#39;t be able to use up, so I figured I might as well&#160;get some&#160;study time in ahead of&#160;my busy season (which starts Thursday).&#160;&#160; I only got in about 3 hours of studying, but I got in a workout and some much needed sleep&#160;too.&#160; And, I caught up on some TV (bad vice, must stop watching TV until the exam is over!!!)</p>
<p>Saturday, Adam and I played some tennis - such a nice way to start the weekend!!!&#160; AND, no construction noises because of the rain!&#160; In the afternoon, I hid out in my office&#39;s employee&#160;lounge (where I was last weekend) and got in about 4 hours.&#160; Sunday, after some NY Times reading and a tasty-breakfast sandwich, I headed BACK in to the office.&#160; I probably got 6 hours of studying in, plus an hour or so of work.&#160; {Patting myself on the back.}&#160; I was hoping to do a little more that evening, but my brain was shot.&#160; Who was I kidding?</p>
<p>I&#39;ve been trying&#160;taking time at lunch to squeeze in some studying, and I hope that will make a difference.... If I can find time to get in an hour a&#160;day at work that would add 5hrs/week - I think that could&#160;be a big help.&#160; Unfortunately, its not always&#160;easy to find the time and/or make&#160;studying a priority.... and sometimes, when I go upstairsthe TV is blaring or people are super loud (hey, it is&#160;their break), so I can&#39;t concentrate.&#160; </p>
<p>What&#39;s my life like for the next few weeks?&#160; Well, plenty of more weekends of studying await.&#160; And in two weeks,&#160;I get to juggle the dreaded earnings season into my studying routine - can&#39;t wait.....&#160; Unfortunately, December is shaping up to be a busy month at work..... I plan on ducking out early when I can for the next couple of weeks ahead of the exam, but I am really going to have to kick it up a notch afterwards.&#160; </p>
<p>Assuming I PASS, WHICH I BETTER!!!!&#160;&#160; I will need to start studying for the Level 2 Exam, which takes place the first Saturday in June, around the end of January -- not much of a break at all.&#160; Now at the end of my study time, I have finally found my groove, and I hope that makes a difference the next time around.&#160; One thing at a time, need to pass in December first.</p>
<p>Cross your fingers for me!!!</p>   <p style="clear:both;"> 
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