STUDYING FOR THE SIE EXAM? MAKE SURE THAT YOUR SIE STUDY MANUAL HAS FULL GLOSSARY OF TERMS
In preparing for the Securities Industry Essentials exam (SIE), students can deprive themselves of an important study aid if their study manual does not contain a full glossary of terms. A glossary of terms is often missing in study manuals where the authors cut corners. A glossary is important because it allows the reader to use its content as a check list of important items in preparation for the SIE test. Bob Eder's Study for the SIE Exam has a full glossary. There are over 200 entries in Bob Eder's SIE glossary, beginning with 12b-1 fees and ending with Yield to Maturity. Consider Bob Eder's glossary where it covers balance of payments and balance of trade. These are difficult concepts for many SIE applicants. Here are the descriptions from Bob Eder's glossary: "Balance of Payments —this is not the same as balance of trade. BOP includes balance of trade, but also adds inflows coming into the U.S., and subtracts outflows, whether involving persons, companies, ...