Series 7 Exam Practice Test Explication on Shared Screen with Test Taker. Pause, Answer, Play.

[@coleboyd9483]

Hey Dean, I came across your page initially for my SIE a few months ago, so I figured I’d reference your page again for my series 7. I just wanted to let you know I took the exam today and passed!! Thank you so much for the content. I know many other besides myself have found this to be extremely helpful

[@Series7Guru]

Kudos on your second testing victory! Always very gratifying when this channel contributes to test taking victories like yours.

[@BobCalaway]

WOW!!!!! That was impressive and it helped a lot! Your deduction and thought process on answers was phenomenal! Congrats!

[@toothdaddy8443]

Dean I passed my SIE thanks to you! I’m going to continue to watch your videos to help me pass the 7. I can’t thank you enough! :)

[@Series7Guru]

Kudos on your first testing victory! The journey of 3 and 0 begins with 1 and 0.

[@Wai755]

Thanks!

[@Series7Guru]

Wow. Thank you so much. Will use it for an adult beverage in your honor.

[@shawn158]

Just passed my series 7, 1st try. Thanks for the videos. They are really helpful and a nice compliment to my Kaplan study materials

[@Series7Guru]

You are welcome. Glad you found them helpful. Always very gratifying when this channel contributes to test taking victories like yours. Kudos on your Series 7 testing victory!

[@maggieedwards7878]

I have been using STC for my main study material. These qbank questions are tougher. I learned alot from this video, thanks for posting!

[@Series7Guru]

Glad you found it helpful

[@derrickhector6410]

Perfect and congrats. This has been helpful!

[@Series7Guru]

Glad you found it helpful.

[@thiessyboyyy]

Hi Dean, thanks for all of these videos. I'm using ExamFX and was taught that (question 91 margin maintenance) minimum maintenance is 25%, not 30%. This is per FINRA I'm being told and what I'm seeing on google (double checking my own thought). From this I have two questions: 1) If you are selling short 500 shares at $80 ($40,000 total) you have Reg T of 20k and maintenance based on 25% of $10,000 ...but because the question states 'before regular way settlement, stock falls to 60 per share' it is now valued at $30,000. From $30k, I understand that $9k is the 30% maintenance. If I have to switch my thinking to 30% from 25% that's not a problem, but it leads me to my second question. 2) why would this maintenance question be based off the value before regular way settlement instead of what the customer sold short in the first place?

[@Series7Guru]

Maintenance on a short account is 30% NOT 25%! Long accounts is 25%

[@thiessyboyyy]

Thank you for the clarity!@@Series7Guru

[@Series7Guru]

@@thiessyboyyy de nada

[@ryankramer3]

On question 74 why does earnings go to 2 when the problem says earnings are unchanged?

[@Series7Guru]

What is the QID?

[@maxgreseth3782]

For question 47, why do you say it's certainly not going to be an industrial revenue bond? aren't they federal and state tax-exempt?

[@Series7Guru]

Industrial Revenue may be taxable to investors subject to the AMT.

[@EthanAlessi-db2ho]

very happy i am joining the basic options class tonight

[@Series7Guru]

See you then.

[@Freiclips]

For number #32 you know the spread is a debit because the higher premium either paid or received is more expensive on the lower strike leg?

[@Series7Guru]

Yes

[@ryancarrier3297]

Hey dean I commented earlier on a different video letting you know I passed the sie. (Mostly in part to your awesomeness) I was wondering what you think the best course of action would be for studying for the s66. I have stc and so far have been writing everything I see on the slides. I feel like there has to be a better way to approach this one. If you have any tips I’d greatly appreciate them.

[@Wai755]

same here, going to start studying S66 and using STC as well.

[@Series7Guru]

Check this out kzbin.info/www/bejne/rYDPfadjoq1on7Msi=SB9VM1yP-u6XkEKY

[@maxgreseth3782]

Hey, just a little pushback on question 16. Couldn't Inflation rising be good for bonds depending on how you look at it? It could be good because rising inflation means the Fed would increase interest rates to slow inflation. Making it a good time to buy high-interest-rate bonds. When the fed cuts interest rates after inflation has lowered you would then have a really good-looking bond assuming it was not callable. Am I wrong here?

[@Series7Guru]

You are. You are over thinking it.

[@maxgreseth3782]

@@Series7Guru I overthink everything, am I correct thought?

[@Series7Guru]

@maxgreseth3782 no. You lose purchasing power as inflation rises. You are not correct. For that to work you would have to time the top. Not prudent and ever the correct answer on your test. The test is hard enough already. Don't make it even harder. Don't outsmart yourself

[@TheHeathbr]

Is Question 28 Bearish, not bullish? If you buy an inverse ETF, you're essentially shorting the market

[@Series7Guru]

Yes but without the risk of a short position. Dont be a dumb bear. Lol

[@tongjarad1]

Hi Dean, my series 7 is around the corner how can I do something like this video with you?

[@Series7Guru]

Can be booked at deantinneytutoring.setmore.com

[@tongjarad1]

@Series7Guru sadly no available slot before dec31st! 😭

[@douglasfeliciano167]

Passed my SIE now moving onto the seven. It seems like a lot of overlap, do you recommend going through the Kaplan seven book start to finish after studying for and passing the SIE?

[@Series7Guru]

I do so you know how much overlap there is and isn't

[@danielplascencia2504]

In a JTROS if one person dies can the other person continue trading in that acct

[@Series7Guru]

Yes

[@danielplascencia2504]

@@Series7Guru thank you 🐐

[@trebarnes4163]

Hey Dean, isn't the Code of Arbitration not binding on customers if they refuse to sign it? Questions like this bother me. I guess for the test it is safe to assume that they signed the agreement to arbitrate if they've become a customer?

[@Series7Guru]

They won't have an account if they don't sign it.

[@trebarnes4163]

this was question 101!

[@marissamadera5603]

Hi, for questions 3 wouldn’t it be 1000 since it’s below the minimum requirement and you have to double it to get out of the restricted account?

[@Series7Guru]

No.

[@JennyKlismet]

Are you offering any series 7 courses right now?

[@Series7Guru]

Teaching a Series 7 class next week and another in April

[@JennyKlismet]

@@Series7Guru how can I sign up?

[@Series7Guru]

@@JennyKlismet www.kaplanfinancial.com/securities/series-7?&msclkid=99e46ad5b5f7163a3d7e0f1b1e788b3a&gclid=99e46ad5b5f7163a3d7e0f1b1e788b3a&gclsrc=3p.ds

[@pageabouteverything4185]

What did that kid use to study cuz i need it too

[@ruchikabhoyar8264]

Hi Dean, my exam is on Thursday. Scored 63%on STC Greenlight exam . Not sure if I should appear for the final exam

[@Series7Guru]

I would go for it.

[@ruchikabhoyar8264]

Got 65% in main exam..could not pass

[@Series7Guru]

kzbin.info/aero/PLK1IazV_JQbHT48qJZl1odBMv3EU8fKx4&si=cZDcX8N1gZzTswNX Kaplan Q Bank is $55.25 with Guru15 discount code at checkout. The Guru15 15% discount code is good for all Kaplan products and services. www.kaplanfinancial.com/securities/series-7/study-materials