Passed my Series 6 this morning! Last one on my testing journey, but I’m sure there will be more to come down the road! Appreciate everything you do for us test takers Dean! Thank you!!
Kudos on your SIE exam testing victory! I am sure your Series 6 will be another testing victory, too! Always very gratifying when my videos contribute to test taking victories like yours.
According to Knopman, Q 26 only retail communication is required for principals approval. Correspondence supervisión and spot checks prior approval is not required.
@@soniaortiz3646 s63, it was confusing at the begining. I had trouble identifying agent/broker-dealer/Investment Adviser/Issuer😁. But if you passed the other 2 then you will do fine on s63.
@@soniaortiz3646 s6 is mostly a review of SIE. Should be easy. But the real test, they made it harder. How they worded was harder to understand to me personally bc English is my second language. If you are an english native then you will do just fine. Good luck🥰🙏
True but what Brian and test are interested in you knowing is an additional expense in addition to the normal expenses. Feel free to send Brian, the TestGeek an email. Given his answer set that is the best answer.
Well, I bit the bullet told my brain that you have stored enough info and after watching your videos on Mutual Funds and I think Customer Accounts I knew I was ready. By the way the D I E Was genius. Yes I decided to take the S6 and passed it on Tuesday. After not passing the 1st time. But this time your videos helped put everything together. Thank you for all that you do. On to S63. And already have your videos in my playlist.
@@Doyoung7711 Kudos on your most recent testing victory!!!! That mutual fund lecture is long but target rich. My 63 lecture Mighty Ninety is the 63 in 90 minutes. It too is target rich.
@@Doyoung7711 that’s awesome congratulations!! I missed the 6 my first time taking it, I’m studying hard to make sure I understand the info so I can pass the next time around
Hello Dean! I followed your lecture on SIE, It was very helpful. Now I'm moving to Series 6. I would like to get all the lecture that will help me pass Series 6. Please let me know the requirements, so I can get myself ready for the exam.
Dean, Question 25 is asking about a retail communication (requires principal Approval), not sure why choice A is the correct answer. Choice is A correspondence. I picked Choice B as my answer. Please explain. Thank you!
Question 9. What is the amount you can take out of a Roth before 59 1/2 with out tax? Wouldn't the answer be, B. there is no allowable amount there is no allowable amount b/c any amount taken out before 59 1/2 will be subject to a 10% premature dist. penalty?
In a Roth you can withdraw your contributions thus far because you’ve already paid taxes on it but you cannot touch your gains. If you do it’s 10% and ordinary income tax
Mr. series 7 guru, is this the exact same test that is currently available from Test Geek series 6? Or is the one currently for sale over there have different questions?
@@Series7Gurui read that if it is gifted, it may be subject to capital gains tax. On what basis? Thank you for your help Dean! It’s very much appreciated
@@annata1178 you didn't ask about gifted. You asked about inherited. Gifted securities the donee assumes the donor's cost basis. The gift tax is a seperafe issue. The gift tax is paid by the tax payers who exceeds the gift limit.
@@Series7Guru I was also thinking B. My book says any printed advertisement needs prior principal approval which makes me think B is the correct answer. Option A says "a letter written to 20 clients" so it wouldn't be considered retail and would not need principal approval, correct?
ruclips.net/video/nGfApmEkj0M/видео.html TestGeek Series 6 Intro www.testgeekexamprep.com/
Passed my SIE thanks to you and now I’m here for my series 6
Kudos on your first testing victory! Sure you will take this one done too!
Amanda, did you pass?
Passed my Series 6 this morning! Last one on my testing journey, but I’m sure there will be more to come down the road! Appreciate everything you do for us test takers Dean! Thank you!!
Kudos on your Series 6 testing victory!
Thank you, Dean! I am sure your videos helped me pass my SIE in December. I am now prepping for Series 6. You are THE BEST!!
Kudos on your SIE exam testing victory! I am sure your Series 6 will be another testing victory, too!
Always very gratifying when my videos contribute to test taking victories like yours.
About to take this test, again, in about an hour. I think I will nail it! Thank you so much!
Sending you good test vibes!!! Circle back and let us know of your testing victory.
Passed my Series 6 right now thanks to you, appreciate you and your videos.
Kudos on your Series 6 testing victory!
I did very good. This is helpful. I take Series 6 Saturday!!! I Want to be Smiling Saturday!!
Sending you good test vibes! You got this!
According to Knopman, Q 26 only retail communication is required for principals approval. Correspondence supervisión and spot checks prior approval is not required.
More than 25 is 26 or more. That is correct. Nothing here contradicts that.
I passed S6 today on first take. 🥰. Thanks again.
Kudos! 63 next?
@@Series7Guru yes, 63 in about á week i think.
Hi I’m about ayo start studying for it. Did you find it Harder than the SIE?
@@soniaortiz3646 s63, it was confusing at the begining. I had trouble identifying agent/broker-dealer/Investment Adviser/Issuer😁. But if you passed the other 2 then you will do fine on s63.
@@soniaortiz3646 s6 is mostly a review of SIE. Should be easy. But the real test, they made it harder. How they worded was harder to understand to me personally bc English is my second language. If you are an english native then you will do just fine. Good luck🥰🙏
I think 39, 12b1 is included as expenses ratio. That’s on Kaplan textbook.
True but what Brian and test are interested in you knowing is an additional expense in addition to the normal expenses. Feel free to send Brian, the TestGeek an email. Given his answer set that is the best answer.
Very good Explication!!! Thanks!!!
De nada
This was very helpful! Thanks a bunch!
De nada
Separate Variable lecture... YES PLEASE😁
Yay! I'm doing 6 in August!
I rescheduled my test just to go through this first …. You helped me pass my SIE. Did you do an explication of the outline for the Series 6.
Working on it.
Well, I bit the bullet told my brain that you have stored enough info and after watching your videos on Mutual Funds and I think Customer Accounts I knew I was ready. By the way the D I E Was genius. Yes I decided to take the S6 and passed it on Tuesday. After not passing the 1st time. But this time your videos helped put everything together. Thank you for all that you do. On to S63. And already have your videos in my playlist.
@@Doyoung7711 Kudos on your most recent testing victory!!!! That mutual fund lecture is long but target rich. My 63 lecture Mighty Ninety is the 63 in 90 minutes. It too is target rich.
@@Doyoung7711 that’s awesome congratulations!! I missed the 6 my first time taking it, I’m studying hard to make sure I understand the info so I can pass the next time around
Hello Dean! I followed your lecture on SIE, It was very helpful. Now I'm moving to Series 6. I would like to get all the lecture that will help me pass Series 6. Please let me know the requirements, so I can get myself ready for the exam.
ruclips.net/p/PLK1IazV_JQbFI7qC1rizVKzK9NumgX1W-
Hi Dean! Thank you so much for your help so far, I’ll like to know if the deposits into a Mutual fund or Annuity is Pre/After tax
For the mutual fund can be either. Annuity after tax
Q3 for the pipeline theory, the taxes incurred by the shareholders- is it taxed at ordinary income levels?
Yes
@@Series7Guru thank you. i take the 6 tomorrow and i've been binging your playlist and scoring high 70s on practice exams thanks to you!
Dean, Question 25 is asking about a retail communication (requires principal Approval), not sure why choice A is the correct answer. Choice is A correspondence. I picked Choice B as my answer. Please explain. Thank you!
What is the time stamp? Rationale 8s in the video description.
For #29 I could not catch what you said about the gift to niece cost basis. Can you please elaborate?
Gift of securities the recipient assumes donor's cost basis.
Variable Annuity
on number 26 aren't fixed annuity contracts based on a fixed number of accumulation units?
No. Fixed annuity units not accumulation units.
Question
9. What is the amount you can take out of a Roth before 59 1/2 with out tax?
Wouldn't the answer be, B. there is no allowable amount
there is no allowable amount b/c any amount taken out before 59 1/2 will be subject to a 10% premature dist. penalty?
Not testable
In a Roth you can withdraw your contributions thus far because you’ve already paid taxes on it but you cannot touch your gains. If you do it’s 10% and ordinary income tax
Mr. series 7 guru, is this the exact same test that is currently available from Test Geek series 6? Or is the one currently for sale over there have different questions?
Same
What test bank do you recommend that is most similar to the test?
Kaplan. My 10% discount code at checkout is Guru10.
My book says that the 12b-1 fee is included in the expense ratio ? 42:01
Take it up with TestGeek. The testable point is that is a promotional expense not an expense associated with managing money.
Hi Dean, will this live be posted on your channel? Thanks
Right after the (5:30 PM PT) live this premieres (6 PM PT). I will be there for that chat too.
34.) Isn't it 61 days not 31 due to having to wait 30 days before and than 30 days after?
No.
Exam in 2 days, hopefully the real deal is similar to this. I knew it all, Kaplan fails to hit these simple points.
This does have strong correlation to the actual exam.
If securities are inherited from death, it is taxed as ordinary income or capital gains?
It is not taxed. The person who inherited cost basis of market value at death. A step up from the decedent's cost basis.
@@Series7Gurui read that if it is gifted, it may be subject to capital gains tax. On what basis? Thank you for your help Dean! It’s very much appreciated
@@annata1178 you didn't ask about gifted. You asked about inherited. Gifted securities the donee assumes the donor's cost basis.
The gift tax is a seperafe issue. The gift tax is paid by the tax payers who exceeds the gift limit.
FOR QUESTION 25 IF IT WERE PERTAINING TO RETAIL COMMUNICATION WOULDNT B BE THE RIGHT ANSWER?
Retail is more than 25 in a 30 day period
@@Series7Guru I was also thinking B. My book says any printed advertisement needs prior principal approval which makes me think B is the correct answer. Option A says "a letter written to 20 clients" so it wouldn't be considered retail and would not need principal approval, correct?
@@jordanfoley8673 the channel is self serve. 25 or less is correspondence and be approved by a principal pre or post distribution.
@@Series7Guru thank you!
How do I get the discount
The discount code is Guru20
Do you ever tutor privately?
I do. Deantinneytutoring.setmore.com
This pdf is kinda blurry🤓
Pretty sure on your end.