Going through the final review of all this material… Including, but not limited to:
- Budget, savings and cash flow analysis
- Personal risk management and insurance requirements
- Residential mortgages
- Family law
- Tax planning
- Asset allocation
- Estate planning
- Investment management
- Equity securities, and hedge funds
- Debt securities
- Managed products (mutual funds and seg funds)
- Portfolio management
- Relationship management
I’ve figured out what’s missing from this whole equation! CASE STUDIES! Sure, I am really good with most of the above topics now, and if you asked me a question about any of these items, I know the rules and the details, but analysis and integration of these guidelines and laws above takes more than understanding the black and white. There should have been a textbook filled with case studies and implementation recommendations.
Perhaps if I’d used a university/college curriculum as my study program, those strategies would have been a part of my learning and review for these past 11 exams. Sadly, I learned by textbooks only.
I’m thankful that I have a husband who’s incredibly smart, and has years in the role that I’m finishing my designations for, or I think I’d be screwed. I have no idea how people would do all this without that kind of resource at their disposal.
Hell, that’s probably 75% of our conversation these days… Strategy in financial planning. I’m so thankful for that.
Okay… Back to the books I go.