1. Your Questions About Mutual Funds To Invest In 2012
Chris asks…
ELSS mutual fund withdrawal?
i want to ask that when does lock in period for elss mutual fund end i.e. 3 yrs after initiating sip
or 3 yrs after 12th month's sip ? e.g. I start sip of 2000/- p.m on 1st April 2008 and continue for 1
yr till 1 st Mar 2008 so total amt invested is 24000/-. Now can i withdraw 24000/- on 2nd Apr
2011 or i have to wait till 2nd Apr 2012? or can i withdraw the amt partially- monthly like sip from
2nd Apr 2011?
Steve Winston answers:
You can withdraw the whole amount and that also includes the last SIP which you paid last
month after completing 3 years.
1/9

2. Ken asks…
Scottrade or Fidelity for Stocks and ETF?
Currently I am 22 years old with $9,000 in mutual funds with fidelity. (1-balance, 1-small cap &
1-large cap). I plan of expanding my portfolio and adding ETF and Stocks. My plan is to have
15k invested by mid part of Feb 2012. I was planning on going with Scottrade for the EFT's and
Stock. Are they a good company? Should I just keep everything with Fidelity? Should I go with
another online brokerage company? What are some of you guys/girls sugguest. Also, I will be
new to investing with Stock and ETF. Which company would be good for investors.
Steve Winston answers:
I have been using Scottrade for a little over a year now and have had a great experience. With
low commission and absolutely no fees Scottrade has made investing simple and stress free.
Their website has a myriad of advanced trading tools that even a beginner investor, like myself,
can use. Their customer service is also top notch. Whenever I had a question I just called my
local branch and a person would answer every time. Also, scottrade has so many offices that if
you ever want to talk to someone one on one you can just walk in without an appointment or
anything. So whether you're a beginner when it comes to investing or an advanced trader,
Scottrade has plenty to offer and I highly recommend opening an account.
GET FREE TRADES WHEN OPENING A SCOTTRADE ACCOUNT WITH THE ReferALL
CODE: DJHS3215
2/9

3. Donald asks…
Which discount broker should I go with?
Currently I am 22 years old with $9,000 in mutual funds with fidelity. (1-balance, 1-small cap &
1-large cap). I plan of expanding my portfolio and adding ETF and Stocks. My plan is to have
15k invested by mid part of Feb 2012. I was planning on going with Scottrade for the EFT's and
Stock. Are they a good company? Should I just keep everything with Fidelity? Should I go with
another online brokerage company? What are some of you guys/girls sugguest. Also, I will be
new to investing with Stock and ETF. Which company would be good for investors.
Steve Winston answers:
I don't like e-trade. I have been very happy for years with Ameritrade. Easy to get help on phone
anytime. All businesses will make mistakes sometimes, because they all depend on humans.
3/9

4. Sandy asks…
can some one summarize this article? "US economy in transition
from recovery to expansion phase"?
Stocks advanced yet again last week in light of rising optimism about economic growth, strong
corporate earnings and a continued fading of the fears that kept many investors away from risk
assets over the past couple of years. For the week, the Dow Jones Industrial Average climbed
1.5% to 12,273, the S&P 500 Index rose 1.4% to 1,329 and the Nasdaq Composite advanced
1.5% to 2,809.
In our view, while the rally has been strong, it is not yet exhausted. Although a short-term
correction could take place at any time, equities remain relatively inexpensive and we believe
the bull market should continue.
Economic growth in the United States has continued to improve in recent weeks. Business
confidence measures have moved to multi-year highs, sales levels are rising, profits are
improving and business investment levels remain robust.
The economy is clearly transitioning from a recovery phase to an expansion phase. The
difference between the two is that the former is dependent on monetary and fiscal stimulus
while the latter is based on improvements in demand from the consumer sector as well as on
companies’ top-line growth and growing trends in capital investment — trends that are more
self-sustaining.
It is important to remember, however, that the significant long-term issues that drove the
economy into recession (the fiscal crisis and resultant deleveraging) have not gone away and
will still take some time to address. It is clear that the launch of QE2 in late 2010 as well as the
extension of the Bush-era tax cuts (plus additional sweeteners) has helped lift near-term
economic prospects, but what happens in the second half of the year and beyond remains an
open question.
The murkiness of the long-term outlook combined with the fact that economic growth
expectations have improved result in some additional risks. At present, expectations for 2011
4/9

5. economic growth have risen to around the 3.5% level, meaning that it will be an increasing
challenge for data releases to result in positive surprises.
It is extremely difficult at this point to make any sort of assessment as to what the economy will
look like in 2012, but we expect 2012 to be a year marked by a Federal Reserve that is slowly
working to normalize rates, by emerging economies that are continuing to experience faster
growth levels than the rest of the world, by a political backdrop that will make President Obama
eager to promote growth-friendly policies and possibly by a housing market that is able to make
some contributions to economic growth levels.
One factor that we do not believe will be a significant issue in the year ahead is inflation. Rising
food and energy prices have received their share of headlines, and while these factors are
highly significant in emerging economies (where purchases of food and energy make up a
much larger percentage of consumer spending), they are less so in the developed world. There
is still a great deal of slack in the world’s developed market economies (which can be seen in
the labor markets), and we do not believe we need to be overly concerned about inflation.
Given the improving economic backdrop, it should not be a surprise that we are seeing a broad
asset allocation shift among investors from bonds toward equities. Some observers have
suggested that the recent inflows into equity mutual funds mean that the rally in stocks may be
coming to an end, but we do not share that view and continue to believe that equities are a
good place for most investors to be.
From a geographic perspective, we continue to believe that US stocks are very well positioned
relative to alternatives. US economic growth is continuing to improve, while Japan and Europe
are continuing to face some problems. Emerging markets do represent some attractive
opportunities, but in some cases (such as China) growth levels are too high and inflation is
becoming a problem, causing authorities to ramp up tightening efforts.
For many investors, the shift into equity markets is still in the early stages and equity valuations
are hardly stretched, suggesting that the upward moves have further to run. While pullbacks
and corrections will no doubt occur along the way, we believe they should be short and shallow
and should be taken advantage of to add to positions.
Steve Winston answers:
5/9

6. I'll summarize it for you...
It's all lies. There is no recovery.
After the treason of "globalism" became accepted, all traditional financial rules and indicators
mean nothing. This recession was CAUSED by the big corporations making more money using
foreign slave labor. The health of these corporations is no longer an indication of the nation's
general economic health. Actually, the opposite is more likely. This crash started at the
consumer end. The rich got richer and the poor could no longer afford to pay their debts.
NOTHING HAS CHANGED. Get ready for round 2.
There is little growth now and no reason to expect any. Stock prices are being held up by
"bailout" money stolen from taxpayers and the expectation of inflation. The stocks will simply be
worth more devalued dollars, even though there is little growth because consumers still can't get
good paying jobs like they could in the past. NOTHING HAS CHANGED. What caused the first
part of the recession will continue to cause more problems. Basically, the parasite has killed the
host and workers can no longer support a growth economy due to "globalism" and slave labor.
The "elite" have consolidated the world's wealth and they are not going to give it back. They will
use each crisis they caused to take more control and more of our freedoms in order to "rescue"
us. The control they already have over "our" government is pretty plain to see. Everything is
being done AGAINST the will of the people and MANY unconstitutional things are being done.
By some strange coincidence, a police state is also being built at this time to protect us from
"terrorists". Let me tell you... The "terrorists" they are getting ready to control are you and me
when we're even more broke and pissed off. The timing is no coincidence and building 7 did not
implode in it's own footprint from small fires.
There is also still a GIANT BLACK HOLE of worthless derivatives held and traded by the banks.
The truth is, they are all insolvent and they will continue to find more ways to steal from us and
try to fill the black hole. There will be more bailouts, schemes for selling "carbon credits", etc...
The price of gold is just $2.00 off the all-time high at this moment. This is no sign of recovery!
This is a sign of a world in financial turmoil, where all currencies are losing value in unison
(intentionally to make it less noticeable).
If you want to hear more truth, I suggest you hit YouTube and listen to anything Max Keiser has
to say...
6/9

7. John asks…
Which discount broker should I go with?
Currently I am 22 years old with $9,000 in mutual funds with fidelity. (1-balance, 1-small cap &
1-large cap). I plan of expanding my portfolio and adding ETF and Stocks. My plan is to have
15k invested by mid part of Feb 2012. I was planning on going with Scottrade for the EFT's and
Stock. Are they a good company? Should I just keep everything with Fidelity? Should I go with
another online brokerage company? What are some of you guys/girls sugguest. Also, I will be
new to investing with Stock and ETF. Which company would be good for investors.
Steve Winston answers:
I like all to the major discount brokers, Scottrade, Ameritrade, and Charles Schwab. I would pick
the discount broker within the closest circle of my residence or place of employment. Please
understand the tax consequences of your choice of investment types.
7/9

8. William asks…
Which discount broker should I go with?
Currently I am 22 years old with $9,000 in mutual funds with fidelity. (1-balance, 1-small cap &
1-large cap). I plan of expanding my portfolio and adding ETF and Stocks. My plan is to have
15k invested by mid part of Feb 2012. I was planning on going with Scottrade for the EFT's and
Stock. Are they a good company? Should I just keep everything with Fidelity? Should I go with
another online brokerage company? What are some of you guys/girls sugguest. Also, I will be
new to investing with Stock and ETF. Which company would be good for investors.
Steve Winston answers:
I have been using Scottrade for a little over a year now and have had a great experience. With
low commission and absolutely no fees Scottrade has made investing simple and stress free.
Their website has a myriad of advanced trading tools that even a beginner investor, like myself,
can use. Their customer service is also top notch. Whenever I had a question I just called my
local branch and a person would answer every time. Also, scottrade has so many offices that if
you ever want to talk to someone one on one you can just walk in without an appointment or
anything. Whether your a beginner when it comes to investing or an advanced trader, Scottrade
has plenty to offer and I highly recommend opening an account.
GET FREE TRADES WHEN OPENING A SCOTTRADE ACCOUNT WITH THE ReferALL
CODE: DJHS3215
8/9

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