Series 7 Exam Prep - Long Term Growth as an Investment Objective = Common Stock

[@Series7Guru]

Kaplan Q bank is $58.50 with my 10% discount code (Guru10) at checkout www.kaplanfinancial.com/securities/series-7/study-materials

[@theseabass4866]

Hey Dean. Can you help me understand for a common stock the ex-date is set one trading day before the date of record that makes sense buy before that day you get the dividend. My question relates more to mutual funds I notice on fund managers estimated gains they show the ex-dividend date being the day after the record date. Why is this? How does this work?

[@Series7Guru]

For mutual funds it is DREP NOT DERP and all the dates are set the board of directors. The reason is an open end fund does not trade in the secondary market.

[@theseabass4866]

Thanks you

[@IhabZein]

Have you considered to eventually do life insurance prep?

[@Series7Guru]

No. Never. Doesn't speak to me.