Series 7 exam prep 2020 (TAXES BABY)

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  • Опубликовано: 22 окт 2024

Комментарии • 75

  • @zekapeka85
    @zekapeka85 2 года назад +10

    Ken, this video is pure gold! I’m taking my 7 first time on Monday 5/2 and Kaplan has been my material with all your wisdom on RUclips. Thank you so much

  • @LewousHD
    @LewousHD 3 года назад +16

    Hey man, just wanted say thanks for all of these videos. I have been using pass perfect to study and had been confused by a lot of the the topics. I watched all of your videos and it really helped me understand those sections at a more simplified level. I took my series 7 today and passed on my first attempt. You're the goat!

    • @Series7Exam
      @Series7Exam  3 года назад +2

      Boom !! Congrats !! How was the test ?

    • @LewousHD
      @LewousHD 3 года назад +1

      @@Series7Exam Not as bad as I thought it was going to be. Felt like there were always 2 really wrong answers and 2 probable ones. Onto the 63!

    • @tamerkaldas6126
      @tamerkaldas6126 3 года назад

      can you advice me what the questions i will see in the exam Sam taking it in few days !

  • @markcukaj7884
    @markcukaj7884 3 года назад +22

    Thank you Ken! Took the series 7 today and passed with the help of your videos. Every time a question came up that I knew the word "boom" echoed in my mind lol.

    • @karnsingh3768
      @karnsingh3768 2 года назад

      I got Ken’s “Boom,” when I’m going through the test too! Helps with nerves. What a cool dude.

  • @modernshepherd814
    @modernshepherd814 3 года назад +6

    Thank you so much for explaining this in english, Ken! Also your charisma helps me stay attentive. Truly a blessing to have you !

  • @ericdarensbourg6483
    @ericdarensbourg6483 Год назад +1

    This Guy Is Well Versed and Knows His Stuff but He is also entertaining and presents the material in a very understandable and digestive manner. Will Always Recommend. 😤

  • @speterson657
    @speterson657 2 месяца назад +1

    Thanks for these videos Ken!

  • @Ladytee_is_She
    @Ladytee_is_She 3 года назад +3

    Hey Ken, I just passed the SIE, your videos helped me a lot! I look forward to diving into your Series 7 videos! Thank you!

    • @Series7Exam
      @Series7Exam  3 года назад +1

      That's amazing! Congratulations

  • @soph13337
    @soph13337 3 года назад +4

    I love your videos and your energy!!!!!

  • @aminsaeedi330
    @aminsaeedi330 21 день назад +1

    Ken thank you for all your videos I don’t know where are you
    Located I’m in New York and very impressed by your videos and knowledge just wanted to say thank, you and wish you the best
    Amin

    • @Series7Exam
      @Series7Exam  20 дней назад

      Thank you I’m just outside the city in NJ

  • @shannawang
    @shannawang 3 года назад +4

    I love your humor! You are such a great teacher.

    • @Series7Exam
      @Series7Exam  3 года назад

      Ask my wife she disagrees haha

    • @Series7Exam
      @Series7Exam  3 года назад

      Hows studying going ?

    • @shannawang
      @shannawang 3 года назад +1

      @@Series7Exam taking the test in 13 hours.

    • @Series7Exam
      @Series7Exam  3 года назад

      Take your time. Read each question and ALL 4 answers before choosing

  • @seabasspappas
    @seabasspappas 2 года назад +2

    Literally just laughed so hard @ around 14min mark when you talked about leaps. Scheduled for my 7 on wed. Your videos helped me pass my sie. Fingers crossed! Thank you for all your content!

    • @seabasspappas
      @seabasspappas 2 года назад +3

      Passed!

    • @Series7Exam
      @Series7Exam  2 года назад +1

      Awesome !! Congrats !!!!!

    • @seabasspappas
      @seabasspappas 2 года назад +1

      @@Series7Exam thank you - couldn’t have done it without you!

  • @darlag13
    @darlag13 Месяц назад

    Thanks again for another great video

  • @misscarter9954
    @misscarter9954 Год назад +1

    This breakdown was amazing. Thank you!

  • @alejandrozamora2320
    @alejandrozamora2320 4 года назад +2

    Thank you!! I'm taking the Series 7 on Tuesday the 29th.

  • @wholesalingtony1588
    @wholesalingtony1588 4 года назад +3

    Thanks for clearing up my tax questions..

  • @jessicarodriguez8111
    @jessicarodriguez8111 4 года назад +1

    Ken you're the best!

  • @trevordunn6968
    @trevordunn6968 3 года назад +3

    you explained this shit better than TC. Also way more personality!

  • @njperuviankid
    @njperuviankid Год назад

    TY Ken

  • @javarisware4216
    @javarisware4216 2 года назад +1

    Thank you for the good information 💪🏽

  • @jenn1544
    @jenn1544 3 года назад

    Very helpful! Thank you Ken.

  • @doodchappin
    @doodchappin 3 года назад

    Love it all. Appreciate it mate!

  • @yaaboat1948
    @yaaboat1948 3 года назад +1

    Thx for this video

  • @karnsingh3768
    @karnsingh3768 2 года назад

    Thanks for being great.

  • @meghanneely8705
    @meghanneely8705 2 года назад

    Awesome stuff!

  • @austrolib1181
    @austrolib1181 Год назад

    I do not understand. So getting a dividend or a stock split will adjust your cost basis because it reflects an increase or decrease of shares (according to stc). What am I missing here?

    • @Series7Exam
      @Series7Exam  Год назад +1

      Per share (yes) not total (no)

  • @jennafazzone
    @jennafazzone Месяц назад

    thank you so much, i hope good things come your way hahah

  • @tamerkaldas6126
    @tamerkaldas6126 3 года назад +1

    do you have video for retirement ?

  • @mariasardelli7816
    @mariasardelli7816 4 года назад

    Thank you, Ken

  • @Lori_Kirstein
    @Lori_Kirstein 2 года назад

    "Ask my wife: I'm a moron!" You need to do Financial Standup

  • @Thuuunderous_Wizard
    @Thuuunderous_Wizard Год назад +1

    I think you’ve grown irritated with us lol. You yell more now 😂😂

    • @Series7Exam
      @Series7Exam  Год назад +1

      If you knew me before YT you would disagree. I have said a million times I’m good at what I do but I am an Asshole

    • @Thuuunderous_Wizard
      @Thuuunderous_Wizard Год назад +1

      I’m from the bronx you don’t scare me. Lol. NYers are an acquired taste. 😂🎉

  • @bigboybrock1205
    @bigboybrock1205 10 месяцев назад

    Is there a difference between short term losses and long term losses?

  • @jordynbryce3381
    @jordynbryce3381 Год назад

    This video is hilarious!! @ 12:00 minutes I lost it

  • @tombudington3853
    @tombudington3853 2 года назад

    So helpful

  • @halalfloral
    @halalfloral 4 года назад

    awesome! thank you

  • @topherbrown21_53
    @topherbrown21_53 Год назад

    so does selling a put against a long/short position affect cost basis? i thought i had a question about that in kaplan practice tests, and I'm pretty sure it does. i've got my test tomorrow so a response would be awesome :)

    • @Series7Exam
      @Series7Exam  Год назад

      Short stock is proceeds not cost basis so it can’t impact cost basis

    • @topherbrown21_53
      @topherbrown21_53 Год назад

      but what if you sell a put while also going long a stock? @@Series7Exam

    • @Series7Exam
      @Series7Exam  Год назад

      You wouldn’t sell a put against a long position. Two bullish things is not where the test goes

    • @topherbrown21_53
      @topherbrown21_53 Год назад

      gotcha thanks. ur videos have helped a lot, praying i pass @@Series7Exam

    • @topherbrown21_53
      @topherbrown21_53 Год назад

      shoot i got one more question, sorry. you said option expirations are taxed at capital gains for the sellers and losses for the buyers, but what about exercising the option when it is in the money? would that be capital gains or ordinary income? For example I go long 1 XYZ Dec 30 for a premium of 3. 1 month later i exercise the option when stock is trading at 40. Is that $10 of intrinsic value taxed at ordinary income or capital gains? Thanks @@Series7Exam

  • @zenaalany4807
    @zenaalany4807 Год назад +1

    is Warrnet effect cost bases ?

  • @zroomzroom
    @zroomzroom 3 года назад

    Qualified dividends, isn’t it 60 days before ExDate. I think I heard you say Record Date

    • @Series7Exam
      @Series7Exam  3 года назад

      Yep! Good catch I almost always say that by mistake but it's more the concept than worrying about dates. Because of quite a few extra specifics that come Into play,preferred its 90 days before and after ,If you owned a put during those days are not counted lot,etc So focus on what it means to the investor to have a qualified dividend vs the specifics

  • @ashavocado2986
    @ashavocado2986 2 года назад

    Your videos on 0.75 speed is what i imagine you to be drunk lol

    • @Series7Exam
      @Series7Exam  2 года назад +2

      they need a .85 speed so I only sound a little buzzed