InfraCap MLP ETF (AMZA)

[jugs]

Limited time at the moment so quick response:

I have my CPA handle my tax stuff so I can't add meaningfully there.

NGL did drop hugely as you point out. When I bought the five acres I mentioned, I used $81,000 accumulated profits in NGL. I pretty much sold out of my position. I then watched and waited and slowly moved back in. When it dropped to the $9.50 range I piled back on. A few weeks ago I brought the account up to 21,000 units from 15,000.

I'll be the first to admit I got lucky for I know it. At the same time, I had huge appreciation gains in place and you don't ignore opportunities to add to your little ranch. I added, hating to sell NGL. The land has now appreciated roughly two and a half times my cost. More luck as I thought it'd take years to realize its potential.

Had I put a quarter of a million $ in AMZA I'd be licking my wounds. The market is not set up to hug and kiss mutual funds and their cousins-in-structure. Love affairs happen with stocks, it's the nature of theater.

At my age I can't afford to wait and wait. I need and want things to go operate on a fast-forward basis. When I'm no longer able to self-forage, AMZA will be much more attractive to me. And I've already built two positions in it so my next rodeo will happen, I'm fairly certain.