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I really have to apologize to you all for not bringing this to you sooner. The email got buried and I’ve been busy with year end stuff. In my perfect dream world, no companies would be allowed to release price-moving news in the month of December and every day would be a market half day. But, I digress …

Quick to the Point: The only product I endorse that’s not my own is Breaking into Wall Street and they are raising their prices, rather significantly, this Friday, December 19, 2014 at 5:00PM New York time.

That’s the bad news, but the good news is you can buy the newly updated courses at the old prices – this is a value investing opportunity if I ever saw one!

Picking the right course can be a little daunting, but the one that matters the most to 99% of you is the Excel & Financial Modeling Fundamentals course. It is the primary course that will give you the base of skills to advance to just about anything. This course is going from $247 to $347 this Friday, so click the link above to buy the newly updated course for the price of the old course.

The prices of the newly updated industry specific courses are also going up from $247 to $347, while the bundle of all three is going from $497 to $697. If you have completed the fundamentals course or already have financial modeling experience, you can advance to the Oil & Gas, Real Estate & REIT, and Bank courses by clicking here.

A word of warning: Brian said there are no exceptions to the price increase deadline of Friday, December 19, 2014 at 5:00PM New York time, so act now if you are interested in financial modeling training.

Happy Modeling!

Failed Rubber StampThe CFA Level 2 exam is a [insert your favorite swear word here]. The week before I took the CFA Level 2 exam I got a sinus infection thanks to my delightful spring allergies. I couldn’t breathe, I couldn’t sleep, and my head was pounding, but I had to press on.

At this point, after passing the Level 1 exam the prior December, I had been studying CFA material for nine straight months and had to give the test my best effort. The problem is that Level 2 is chock full of esoteric finance. Every other study item falls under the category of “When the hell am I ever going to use this?”

Still, I felt like I had a good enough grasp of the material that I could pass and move on to Level 3. Then, on test day, I ran into a question I will never forget. It was an entire item set on Treasury bond options. Not just bonds or options on stocks, both of which I understood, but options on bonds.

I didn’t have a clue. I mustered my best effort to apply what I knew of options to bonds, but the concept was so foreign to me that I didn’t know if my answer was even in the right area code.

A couple months later when I got the notification that the exam results were posted, I discovered that my answer had not been in the right area code. It might not have even been in the correct hemisphere because there it was:

FAIL

I can’t remember the exact phrasing the CFA Institute used to say I did not pass. All I could see was that I had failed and it hit me like a sucker punch to the gut.

Given the low pass rates of the CFA exams, there’s a good chance this will happen to you, so here’s how to cope and press on after failing the CFA exam.

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