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Search: Posts Made By: sungx88
Forum: Modules 6-8 06-11-2018, 08:17 AM
Replies: 9
Views: 1,351
Posted By sungx88
it means external factors that the assessment has...

it means external factors that the assessment has not thought of yet. it's one of the few questions that asks you to think outside the box.

try to look back on task 1 where you have to come up...
Forum: Modules 6-8 06-01-2018, 03:58 PM
Replies: 160
Views: 20,246
Posted By sungx88
yeah I imagine after the June list, it's gonna...

yeah I imagine after the June list, it's gonna quiet down a bit
Forum: Modules 6-8 06-01-2018, 02:16 PM
Replies: 160
Views: 20,246
Posted By sungx88
i thought the stigma was that we like...

i thought the stigma was that we like "calc-you-later!" jokes and avoid confrontation like the plague.. man have i been wrong
Forum: Modules 6-8 06-01-2018, 09:46 AM
Replies: 160
Views: 20,246
Posted By sungx88
https://www.soa.org/Education/General-Info/Exam-Re...

https://www.soa.org/Education/General-Info/Exam-Results/edu-new-asa-cera-fsa.aspx

i'm refreshing like every 10 seconds lols
Forum: Modules 6-8 05-23-2018, 07:32 AM
Replies: 4
Views: 1,128
Posted By sungx88
1. that's the question you answer by doing the...

1. that's the question you answer by doing the sensitivity testing.
2. i think you might be overthinking it. assumptions are very straightforward, basically the blue text cells in the first tab. you...
Forum: Modules 6-8 05-22-2018, 10:49 AM
Replies: 4
Views: 1,128
Posted By sungx88
my personal opinion: 1. come up with realistic...

my personal opinion:
1. come up with realistic shocks. you evaluate by looking at how much your chosen metrics changed (the question specifies that I think)
2. i wouldn't say the level of...
Forum: Modules 6-8 05-17-2018, 03:20 PM
Replies: 22
Views: 5,476
Posted By sungx88
right. so again, it will seem a bit arbitrary,...

right. so again, it will seem a bit arbitrary, but as long as it's reasonable, it should be okay. i didn't justify the magnitude of the shock; i just told them this is the level of shock i'm using...
Forum: Modules 6-8 05-16-2018, 09:22 AM
Replies: 22
Views: 5,476
Posted By sungx88
they do not have to be different. just use a...

they do not have to be different. just use a "reasonable" level of shock for each assumption. it is somewhat arbitrary. simply because you use a +/- 1% for attrition, that does not mean you cannot...
Forum: Modules 6-8 05-14-2018, 09:02 AM
Replies: 160
Views: 20,246
Posted By sungx88
what room were you guys in? i was in group A /...

what room were you guys in? i was in group A / alcott.
Forum: Modules 6-8 05-14-2018, 09:00 AM
Replies: 22
Views: 5,476
Posted By sungx88
i think you can make an argument for immigration...

i think you can make an argument for immigration rate. if a country is offering a very attractive/affordable education system, you can expect people from other countries coming in to secure their...
Forum: Modules 6-8 04-27-2018, 09:05 AM
Replies: 22
Views: 5,476
Posted By sungx88
i think i recall mentioning the first point. it...

i think i recall mentioning the first point. it should be valid as long as your explanation is clear and easy to understand.

for the second point, maybe if you word it well enough, it might make...
Forum: Modules 6-8 04-25-2018, 08:13 AM
Replies: 22
Views: 5,476
Posted By sungx88
yes, one assumption at a time. sensitivity-test...

yes, one assumption at a time.
sensitivity-test whichever variable that makes sense to you. just be sure to clearly/concisely explain what you are doing.
yes, the assumptions that have the biggest...
Forum: Modules 6-8 04-13-2018, 07:52 AM
Replies: 50
Views: 5,137
Posted By sungx88
i remember reading somewhere (i forget where)...

i remember reading somewhere (i forget where) that specifically stated NOT to start with "Dear Project Lead..."
Forum: Modules 6-8 04-09-2018, 08:15 AM
Replies: 31
Views: 4,016
Posted By sungx88
disclaimer: these are my personal...

disclaimer: these are my personal suggestions/opinions

for task 2-
1. not too clear to me what you did, but i picked 3 different metrics that cover the bases (one for expected value, one for...
Forum: Modules 6-8 04-06-2018, 10:20 AM
Replies: 11
Views: 1,661
Posted By sungx88
might've been unlucky and have gotten a strict...

might've been unlucky and have gotten a strict grader.

tasks 2 and 5 are quite thoroughly discussed in the forums (quite popular for dnmmr'ing students), so i suggest skimming through them and...
Forum: Modules 6-8 04-02-2018, 07:24 AM
Replies: 10
Views: 2,241
Posted By sungx88
I would think the fund management expenses would...

I would think the fund management expenses would encompass any administrative costs as well.

Salary rate is irrelevant since we are calculating a fixed dollar rate per person, not a percentage.
...
Forum: Modules 6-8 03-29-2018, 11:00 AM
Replies: 19
Views: 3,519
Posted By sungx88
don't know too much about gold etfs, but if you...

don't know too much about gold etfs, but if you can reason/justify that it is a completely different instrument that comes with a different set of risk mitigating strategies than gold bullions, then...
Forum: Modules 6-8 03-28-2018, 03:40 PM
Replies: 13
Views: 1,813
Posted By sungx88
the task says you don't need to recalc the tax,...

the task says you don't need to recalc the tax, that basically means 'don't recalc the tax'. i personally believe that the FA is designed for you to think within the box and answer within its...
Forum: Modules 6-8 03-28-2018, 09:13 AM
Replies: 2
Views: 647
Posted By sungx88
i agree, avoid technical stuff. for example, in...

i agree, avoid technical stuff. for example, in my executive summary, i had one sentence regarding metrics - i basically said something along the lines of 'i used some stat parameters to optimize...
Forum: Modules 6-8 03-27-2018, 01:23 PM
Replies: 220
Views: 52,786
Posted By sungx88
i followed a similar approach where i arbitrarily...

i followed a similar approach where i arbitrarily set an equity %. i set a low % since it's a risky asset. then i just ran scenarios seesawing the other two assets (and the fixed equity %) until i...
Forum: Modules 6-8 03-27-2018, 01:15 PM
Replies: 32
Poll: Sharpe ratio
Views: 5,297
Posted By sungx88
:iatp: FA is mostly about answering...

:iatp:

FA is mostly about answering everything they are asking for while making sense. there's no one right mathematical/logical answer. no need to overthink one question at the expense of...
Forum: Modules 6-8 03-21-2018, 01:19 PM
Replies: 220
Views: 52,786
Posted By sungx88
i set a low % for equities, and my reasoning was...

i set a low % for equities, and my reasoning was basically 'they are risky, so we want a little'. i didn't provide a numerical reasoning for choosing the equity %, just some common sense reasoning. i...
Forum: Modules 6-8 03-21-2018, 01:00 PM
Replies: 12
Views: 8,931
Posted By sungx88
oh, I interpreted that question as mitigating...

oh, I interpreted that question as mitigating risk in the general sense, same as when I was developing the asset mix.
Forum: Modules 6-8 03-21-2018, 11:38 AM
Replies: 12
Views: 8,931
Posted By sungx88
if you're talking about the question in Task 1...

if you're talking about the question in Task 1 where it asks you for key risks and mitigation strategies (in the same sentence), it's safe to assume that they want mitigation strategies for the key...
Forum: Modules 6-8 03-15-2018, 12:55 PM
Replies: 22
Views: 5,476
Posted By sungx88
the amount/magnitude that you test is somewhat...

the amount/magnitude that you test is somewhat arbitrary, but as long as it's reasonable, it should be ok (at least it was for me). i usually put a short disclaimer saying something along the lines...
Showing results 1 to 25 of 48

 

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