Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

My New Age Permanent Portfolio: EOM/Q1 BLUF Report.

|Includes: InfraCap MLP ETF (AMZA), OSTK, REML, SMHB
Summary

BLUF = Bottom Line Up-Front.

BOOF = What Fidelity did to me.

BARF = Biologically Appropriate Raw Food.

My 'editor' suggested I use this as my opener:

"This week I will be considering several ETF/ETNs that offer low margin, low maintenance and monitoring requirements, and juicy dividends. My approach will be to purchase the long shares outright and hold them indefinitely."

Mine was going to be:

"JUST SHOW ME THE $!!!"

But he bought me a 

so I'm humoring him.

For those of you that have been following along since this post, things are looking good with the AMZA, REML, SMHB Portfolio. I know, I just jinxed it, but whatever, here's the Q1 ROI.

Of course I missed all the good stuff in January, but it is a decent start.

= 2.2327% total income return for the 3 months based on the ending cash  invested over the entire month. Of course I was not invested for too long or for too much until the last month so maybe Q2 will be better. 

All the March divs were credited in the last 10 days - interesting how they were described - see in bold below:

03/21/2019

Bond Interest

SMHB

ETRACS 2XMNTHLY PAY LVRGD SRS B ETN

$4,836.64

03/22/2019 as of 03/21/2019

Non-Qualified Div

REML

CRDT SUSE X LNK 2XLVRGD REIT ETN

$2,345.20

03/28/2019

Qualified Dividend

AMZA

INFRACAP MLP ETF

$8,592.00

and this weeks price action left me here:

AMZA: 32.52%

REML: 33.47%

SMHB: 34.02%

Still pretty close, but I might "need" to get some more AMZA if it dips into the $5.88 range again.

Look at all the wiggly lines! Some real "action" this quarter.

Looking forward, here's what I think ought to happen in Q2:

At least until I rebalance again, or roll the AMZA Calls out in June, that will change things - as well as finding out what the actual dividends will be. IF I get it all the projected income the % return ought to be about 5.14% on the "cash" value invested. GO GO GO!

Image result for printing money

Rolled out those OSTK $18.00 Puts a month for some gas $ ($1,600 net).

I tried my luck at making a chart of the closing NAV of the three positions for the last 4 weeks:

That is just the share prices X the current number of shares. No dividends included as those are all spent as they come in. After I read the book on making charts maybe I'll try and figure out how to add a rolling average and all that fancy stuff. I'm sure it will cost me a visit to the burger joint for a little hands on tutoring.

On another note, I know have "Portfolio Margin". Of course it does not tell me the margin percentage anymore - sigh. I need to take another class to see how SmartEdge works. I hope I'm smart enough.

TGIF & YRMV!

Disclosure: I am/we are long AMZA, REML, SMHB.

Additional disclosure: This is lacking excitement.