facebookHow did your journey in investing start? Is a CFA worth it for a DIY investor? - Seedly

Yong Keong Yap

04 May 2020

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How did your journey in investing start? Is a CFA worth it for a DIY investor?

Did you take a course in accounting and asset allocation? Is a CFA worth it for a DIY investor?

AMA 1M65

Discussion (3)

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No, you do not need a CFA to be a good investor. That has no correlation. The CFA charter simply demonstrates numeracy and financial knowledge competence dictated by the educating body, and it is recognized in most financial institutions. A good investor requires qualitative factors to be successful, not just competency on numeracy. And that comes from experience in the market. Knowing yourself.

Most good investors possess the discipline and emotional temperament to be a good investor.

Level 1 is not hard. If you have a natural grasp of numbers and finance, you can pass it. Level 2 and 3 papers are exponentially harder as you progress.​​​

CFA more for bragging rights and a tick on resume when applying for jobs, no correlation with your results as a DIY investor.

If you really want the rigour of the CFA, level one would suffice. cover most of year 1-2 biz modules of a biz degree

Loo Cheng Chuan

07 Nov 2018

Founder at 1M65 Movement

It started off when I lost a lot of money during the 1997 Asian Financial Crisis in property and in ...

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