WEALTHY: 48th month

This is my 48th month investing with a long term view. At the end of last year, I decided that I would have invested BRL 1,000,000.00 in the stock market.

My portfolio in the first month of the year performed well. I had a return of 4.23%. This is the best profitability I've had since March/2021, when I got 6.06%. I ended the month with equity of BRL 1,099,213.01, of which BRL 972,572.78 in shares and BRL 126,640.23 in government bonds. Compared to the previous month, my equity grew by more than BRL 20,000.00.

Despite having achieved a return of 4.23%, my portfolio lost to the Brazilian index, which closed at 6.98% (INDEXBVMF: IBOV). The company that most appreciated in my portfolio was Fleury, a health diagnostics company (BVMF: FLRY3). I got a 14.25% return. On the other hand, the company that most depreciated in my portfolio was ABC Bank (BVMF: ABCB4). Shares are down 7.74%.

At the end of the month, I ended up with an invested capital of BRL 812,822.67. Therefore, I believe I should be able to reach my goal of having invested BRL 1,000,000.00, as I have BRL 126,640.23 in government bonds, which I will use if the shares fall. That way, I would only get BRL 60,537.10 to reach one million reais. In fact, if I manage to have passive income of BRL 45,000.00 this year, I would only need BRL 15,537.10 to reach my goal.

However, I remember that the goal is to have one million reais invested. Therefore, I need the stock market to generate opportunities for me to invest the missing amount. In other words, I need some stocks to fall, which I believe will happen, since it is a Brazilian election year and a war between Russia and Ukraine is approaching.