Blue Collar Finance capadvantage

Kenneth explained the concept of arbitrage, which involves taking advantage of price discrepancies by buying one item and selling another simultaneously to secure a profit. He clarified that this process is legal and distinct from arbitration, which is used for resolving disputes. Kenneth also shared his experiences working on the Stock Exchange in the 90s, where trades were conducted manually and price discrepancies could be exploited.

FINRA exam Membership class - June 07
VIEW RECORDING - 61 mins (No highlights)
Meeting purpose
Discuss FINRA Series 7 exam preparation and share test-taking tips
Key Takeaways
The actual exam questions differ from vendor-provided practice questions
Suitability questions make up a large portion of the exam and are challenging
Trusting your instincts and preparation is key when answering ambiguous questions
Time management is important - spend about 2 min per question and move on
Topics
Malachi's Series 7 Exam Experience
Actual exam questions are very different from vendor practice questions
~40 straightforward questions similar to practice, rest are suitability-focused
Suitability questions present two good answers, one only slightly better
Felt uncertain after exam, but trusted preparation and instincts
Passed despite getting a challenging mix of question topics
Tips for Taking the Series 7 Exam
Master suitability to discern the best answer between two good options
Memorize key rules and tricks to quickly eliminate wrong answers
Budget about 2 minutes per question, then move on confidently
Trust your knowledge and preparation when questions seem ambiguous
Avoid second-guessing and changing answers unless certain

In this riveting episode, delve into the high-stakes world of sales and finance. Experience the intensity of a sales pitch as a broker goes all out to sell penny stocks with immense potential. Listen as he navigates through objections, leveraging his expertise and persistence to close the deal.
Meanwhile, an engaging discussion unfolds about the nuances of business strategies, customer choices, and ownership. Discover how women value uniqueness in choices and how brands can cater to this desire.
Learn from real-life anecdotes about the importance of being relentless and always closing deals, illustrated through various broker experiences. Gain insights into the psychology of sales, the art of persuasion, and the critical need for adaptability in the financial sector.
This episode also touches on the personal growth journey, highlighting the significance of studying hard, staying motivated, and the eventual triumph over challenging financial exams.
Whether you're in finance, sales, or just interested in the dynamics of the market, this episode offers valuable lessons and inspiration to keep pushing forward.