2022 — Investments Overview
The year is over! It’s time to make a balance of all my investments.
The next points summarize the evolution of my investments throughout 2022:
- I invested more (68% more than in 2021)
- I was more consistent investing over the year
- 66% of the all money invested was on the first 6 months
- I started investing on a pension fund
- The year ended with all of my investments on the red
Events that continues to influence negatively the investment world:
- High Inflation Rates: Portugal, the country where I live at the moment, have an 8% forecast. (However, I feel it more as an increase of 20 or 30% in my day to day)
- Ukraine War: allied with the high inflation rate, some raw materials and energy are a lot more expensive.
- Money is more expensive with the growth of the Federal Fund and Euribor Rates. I believe that this is the main point that will influence the economy during 2023. People will have credits more expensive, it will cause less consumption and as a consequence, unemployment will increase. In short, people will spend less money.
Amount Invested in 2022
During 2022 I invested a total of 10914,76€. More 1914,76€ than I proposed. I had some extra income on the first half of the year what I took advantage to reinforce my portfolio.
Over 2022, I also introduced a new product to my portfolio, an pension fund. I started this fund thinking that it would increase in value, but also to take advantage of tax benefits that can be €375 per year in returns. The only drawback to obtaining this benefit is that I’m only available to withdraw the money when I turn 60.
Other relevant points:
- I invested more in stocks
- I practically didn’t invest in P2P
- I was more regular investing on fund pension
Portfolio Value
At the end of the year, all my portfolio worth 14767,33€.
2022:
- Total invested: 10914,76€
- Value from 2020: 16615€
- Portfolio Value Today: 14767,33€
- Profit/Losses: -12762,43€
My portfolio worth less at the end of 2022 than at the end of 2021. Even when I invested more than 10,000€ over the year. It seems that I invested 10000€ for a black hole.
I justify this loss of value mainly for the following reasons:
- 2022 was a bad year for all types of investments
- Crypto market dropped more than 70% and in the end of 2021 represented 45% of my portfolio. Today represents less than 20%.
- I invested mainly on the stock market over 2022
Overall evolution (Since the beggining of 2021)
- From 2020: 4936€
- Total invested (2021 and 2022): 17404,76€
- Portfolio Value Today: 14767,33€
- Profit/Losses: -5743,57€ (-33.9%)
Only on P2P I have a positive result…
Portfolio evolution over 2022
I reforced my stock position a lot, and with the devaluation of cryptos it ended up calibrating my portfolio to something that makes more sense to me. I still want to increate my pension fund and cut a little on P2P and crypto.
Cryptocurrencies
- Portfolio Value: 2834,79€
I only have ethereum and bitcoin. I haven’t paid much attention to the crypto market however I still want to have it on my portfolio.
Stocks/ETFs
Stocks/ETFs Portfolio Results:
- Total invested: 7005€
- Portfolio Value: 8760,52€
At the moment I have investments on 6 products:
ETFs:
- Value: 1506€
I have 22 units of the ETF (iShares Core MSCI World UCITS ETF USD (Acc))
Pension Fund
- Total invested: 1983,76€
- Value from 2021: 0€
- Portfolio Value Today: 1913,65€ (-3,5%)
P2P Lending Portfolio Results
- Total invested: 240€
- Value from 2021: 942,50€
- Portfolio Value Today: 1258,37€ (+6%)
Main goals for 2023:
- Start investing on other products (collectibles)
- Keep the same amount of investment per month from 2022 (it will be very difficult because I’m predicting to have more expenses)
- I need to have a second source of income (despite my main job)
- …
