Self-study exam based on a thorough understanding of articles on the specific topics of: client and planner attitudes, values, biases and behavioral finance; cash flow management; debt management; asset allocation and portfolio diversification; portfolio development and analysis; and investment strategies.
- Examine how people generally use money they receive as an unexpected windfall
- Apply knowledge of affective money tags to better understand how they affect decisions to use money, resulting in better predictors of irrational behavior
- Construct portfolios incorporating leveraged exchange-traded funds by understanding how they magnify the daily return of an underlying index
- Compare and contrast the potential benefits of using leveraged exchange-traded funds in the portfolios of typical buy-and-hold investors