Your client Chuck has the following stocks, all purchased on the same date 368 days ago. Assume that they are non-dividend paying and held in a TOD account intended to purchase a new truck ($65,000 cost) in roughly three years, and a new house with land (net $500,000 in five to seven years when he decides to retire in a state further south and sells his current home. Chuck will do anything to avoid debt and is willing to accept market risk or delay purchase to avoid debt but is concerned about the markets.

The Certified Financial Planner (CFP) certification exam tests your ability to apply financial planning skills and techniques to real-life situations. Topics on the CFP test include: financial planning process and principles, tax planning, income and retirement planning, estate planning, risk management and insurance, investment planning, tax planning, retirement savings and income planning, estate planning and psychology of financial planning. The exam is 170 questions (multiple choice, short scenario and case study) and is three hours long.