That's correct. (A reduction in your Realm Stat, egad, what trauma caused that one?)
Note on SLA:
Using the non-random-by-single-spells method.
Means your SLA cost is 2/* not 1/*.
You may purchase ranks in a list up to your level.
Ranks in list = levels in list. (i.e. 1 rank means you know the 1st level spell, 5 ranks means you know the 1st through 5th level spells.)
You may purchase ranks in up to 5 lists at no penalty.
If you reach out to 6-10 lists, each one will cost 4/* per rank (double). . .it goes up every 5 lists.
Generally speaking, I'm doubting you'll need to split your attention past 5, much less 10 lists at a time.
So, as a pure you have access to all open/closed/seer base. . .select the lists you'd like to get level 1 and bounce them off me, I doubt that I'll object to any.