Series 66: Time Value Of Money

Taken from our Series 66 Online Guide

Time Value of Money

Though both situations are enviable, having a million dollars in the bank is not the same as someone promising to give you one million dollars a year from now. In fact, all else being equal and depending on what interest rates are on large balances, having $950,000 in the bank today might actually be the same or more than having $1,000,000 one year from now. That’s because if you invest it wisely, the $950,000 is going to earn a bunch of interest and could possibly be worth more than the million dollar

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Hi Jeremy & Karen, I just passed my 66 today! I'm so thrilled! I had an interruption of my studies a few weeks back due to some distracting issues, but I got back on track, focused hard on the book, the practice quizzes and exams, and I made it! I'm a true believer in the value of your study materials. I'd recommend your firm's materials to anyone that wants to pass the first time they take these really challenging exams. Now I've got my Series 7 and my Series 66, and I did it with the terrific support of this Exam Prep. Thank you for these great study materials.

Howard Silverberg

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Albert Jose, AXA Advisors, Menifee, CA

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Rebecca Spadafore - Financial Advisor, LPL Financial. Meadville/Erie Area, PA SIE, Series 7, Series 66

I passed my 66 with an 83%. The main method of studying was the mp3 that I downloaded and listened to on my commute to and from work. The audio book was the reason I did well. Thanks!

Eric Dicken, BB&T Investments, Winterville, NC