(Q) Why did you decide to launch Dynamic Growth ?

(A) John Mugarian: After seeing the results from our backtests, I was shocked by the extraordinary returns! I wanted to find a way to share this kind of profit-making opportunity with individual investors who invest in no-load sector funds and ETF's. I am launching Dynamic Growth to do just that.

(Q) How often will portfolio changes occur in Dynamic Growth's sector funds and ETF's ?

(A) John Mugarian: The no-load sector funds are re-evaluated and back-tested monthly. Since most brokerage firms and fund companies charge a redemption fee if a mutual fund is sold within 30 days of its purchase, it would not be wise to trade or exchange a no-load mutual fund as often as you would a stock. In addition, the fund company of firm may place a trading restriction on an account that trades funds within a 30 day period. Since most sectors do not come in, and go out of favor that quickly, rapid trading activity in mutual funds are not necessary. In addition, every no-load sector fund has a fund manager that is continually making changes in the fund as they deem necessary. On the other hand, there are no trading restrictions in Exchange Traded Funds (ETF) since they are not actively managed . ETF's are traded on the AMEX, and exchange traded funds can be bought and sold any day the market is open without restrictions. We re-evaluate our ETF portfolio at the end of every week.

(Q) Do you recommend individual stocks in Dynamic Growth?

(A) John Mugarian: No, and I'll tell you why. After the 2000-2002 market debacle, investors portfolios were decimated by bogus research reports by analysts, and corporations lying about their accounting. Participating in individual stocks has become a crap-shoot, and investors do not want to wake up in the morning to news that a stock in their portfolios have cratered because of a scandal. The more prudent and sensible approach is to be in a well diversified portfolio so if a company lies about their accounting, the entire portfolio does not suffer. If investors can achieve the same market beating results with no-load sector funds, raise their level of safety through diversification, why would they want to do take on extraordinary risk to achieve mediocre results?

We may include a top 15 or 20 stock portfolio in the future, but only after we have tested the results and have identified a high degree of success.

(Q) If I were to try your Dynamic Growth service now, what would I receive as a subscriber?

(A) John Mugarian: I'm very excited about this service. We really created a one-of-a-kind, dynamic service for no-load sector fund & ETF investors. As a Dynamic Growth subscriber you receive:

1) Weekly Portfolio updates each Monday after the market close. Each update will feature the current buys and sells擁ncluding the Top 5, 10, and 15 no-load sector funds for the month, as well as our latest research of the top ETF's for the week. There will also be an economic and market commentary on the latest news directly affecting the markets.

2) A Mid-Week update to keep you informed. Whenever there is a buy or sell action to take in-between weekly issues or if there is breaking world/stock market news, I will post a mid-week bulletin with clear instructions on exactly what to do.

3) You'll save money. You can potentially save 50% or more in brokerage fees by following our advice, and by investing with a discount broker. Most brokerages have services where they will manage your mutual fund portfolio for a fee. This fee can range from 1-2% of the value of your account per year. If you could reduce or eliminate the high brokerage fee, you can sign up for the Dynamic Growth service, and still put money in your pocket.

4) E-mail me your questions. If you have a question, please feel free to e-mail me

5) 24-hour Website Access. You have any time access to the Dynamic Growth website where you can find all of the features mentioned above, plus financial planning tips to allow you to manage your own accounts. Our website will help you determine the proper asset allocation strategy for your portfolios, as well as other wealth building and money saving tips.

(Q) How do I sign up for Dynamic Growth?

(A) John Mugarian: We are expecting that Dynamic Growth will be available for subscribers by June 2006. I will keep you posted.

In the mean time, here are the top 10 sectors for April 2006:

1) Brokerage & Investment- number #1 again this month
2) Pharmaceuticals- up from #5 last month.
3) Environmental- new top the top 10, last month #13
4) Gold- stays at #4
5) Biotech- new to top 10, last month #14
6) Healthcare- #2 last month, fell back to #6
7) Air Transport- new to top 10, #11 last month.
8) Telecom- new to top 10, made a big move up from #23
9) Medical Delivery- drop from #3 to #9.
10) Wireless- stays at # 10

Dropped out of Top 10:

Energy Services- fell from #5 to # 14.
Natural Resources- dropped from #8 to # 18
Natural Gas- dropped from #9 to #24
Energy- dropped from #7 to # 20.

For a little more diversification, we will include a top 15 portfolio. Even the top 15 in our backtest (June 2001 through September 2005) gained 190.57% handily beat the Russell 3000. But, if any fund drops out of the top 15 it will be replaced with the newest member to the group.

If you wish to be notified when Dynamic Growth is launched, send me an e-mail at service@johnmugarian.com.