Securities Industry Essentials - - Here We Go!
Many of you already know that I have my Securities Industry Essentials license but not my Series 7 or 66. I have decided to take the 7, 66, 6, and 63 Series tests before January 2022, just to have it under my belt. Being securities licensed will give me another (more obvious) advantage for when it comes time to begin doing my own day-trading. Day trading seems a bit ominous and even scary to a degree, but only because I'm new at it, and I don't have a grip on all the lingo and terminology I need in order to look like one of the Cool Kids. You always want to be and/or appear to be one of the Cool Kids, right? LOL...(Hi Ana! Speaking of cool kids)
I am forever running into people who ask me why I have a license to sell insurance if I'm teaching. The answer is simple; if I give up teaching I'll have the license and can get started faster than if I needed to get one. I've been licensed to sell Life, Health, and Accident insurance since 1983, and I have been licensed to sell Property & Casualty insurance since the mid-2000s, but I don't remember what year I started doing that. I owned my own business from 2008-2015, so it was somewhere in the middle of that, probably closer to the time I moved to Indianapolis, so 2010. We'll go with that, it seems and sounds like a good number. I'm way behind on my continued education (CE) so I need to do that relatively soon too - - Geez Louise, how did I get so far behind? I can only blame myself. It wouldn't do me any good to try and blame a kid; not this time. It's me! (Raises her hand and lets it wave freely) I would point my two thumbs back at myself if you could see me. THIS ONE! I am to blame.
So today I scheduled the Series 7 test for late October, and I will get it done, then start on the 66. I can actually do them back to back if I want, but I think I need to space them out a few weeks just to give my brain a bit of a rest. I'll have it done by my birthday, November 22, and then I'll celebrate with cake, ice cream, and a really great trade, hopefully making a bit of cash for the occasion. I won't be stupid enough to try and do the trade myself, nope, not until I am fully trained on how to do it, and make my way through the troubled first 100 trades; let me practice with Monopoly money first! Please, and thank you. Can you imagine getting a hold of a brand new baby trader and handing them all of your life's savings? I would just have to die. No...no, let me practice at least 100 times. If I come out on top with my fake money I'll do it for real for myself 10-15 times before venturing out to trade for someone else.
After the 7/66 I'll get the 6/63 so I can drop a few variable products with my son's company. He owns a really sweet piece of the industry pie these days, and I can just hover over his computer(s) for a minute or so on weekends to earn enough to pay off my flat in Scotland. That's my goal for 2022; pay off the flat, maybe use it to buy a bigger place in Stirling, and then do that again, moving from one really cool city to the next so that I can have the full experience(s) of having lived in and around the Edinburgh burbs for the next few years. I don't think I really want to live in the actual city of Edinburgh as there just seems to be too many people, but people mean trades!! Trades mean money. Money means freedom, and you know I love feeling free.
Scotland also has a really nifty neato new baby stock exchange too - - and that's fun. I'll be seeking way to retire soon from teaching and maybe just slide over into the remote world of day trading as well as commercial trading both private and corporate. I can do that from the comfort of my own home and if that home happens to be overlooking Dalgety Bay, so be it. One can never get enough of the landscape in the Fife - - I'll miss Dunfermline when I head out to Stirling, but you know I know where the rail and buses pick up; no worries there. I'll make a point to hit Princes Street obviously, as the Exchange is there. I'm trying to find a way to finagle the Edinburgh Council to let me set up offices in the Castle, but they just look at me funny when I ask. Something about when Hell freezes over....not sure if that's even a reality.
So yeah, that's me, studying again. I need to get the 7 out of the way, then hit the books for the 66, and then others. I don't mind - - give me a book, a few hours and great, loud, head-banging Christian beats, and it's just me and the "puter" learning all we can before I have to prove myself on yet another expensive exam. I think this one was only $60, so not too bad. It's all the upkeep that will get you. I'm looking at another $200 just for the CEs I haven't maintained...but again, two thumbs squarely pointing right back at my own self...me! I've got this.
Photo Credit: Robert Walker

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