I thought that I had beaten the S&P 500 returns but nope

@id_peace (14005)
Singapore
July 15, 2021 6:03am CST
I had terminated a business that I had started many years ago. It is not making money and the good thing is that it is not making losses either. But I do not see the point of having the business to contain the run without any returns. Instead I had started my own investment fund with the little spare cash that I have. Because of the diversify portfolio, I had been doing well in some areas while the others were disaster. Overall, I had made a decent 10.7% return in 7 months. That is not counting the saving interest that I have. Thinking that I had beaten the benchmark of S&P 500, I had spoke to my mentor and having my bragging right. "10% hahahaha, you are still underperforming." That is his comment. I had took a look at the S&P 500 return only to learn that it is at 16% return. I nearly turn red with embarrassment. It is lucky that I did not brag around. But having to say that I am still proud of my 10% return. I hope that I will be doing well in the future. I will update everyone on this in the future.
13 people like this
13 responses
@rebelann (111267)
• El Paso, Texas
16 Jul 21
At least you have a return and it is at 10% so you should still brag.
2 people like this
@rebelann (111267)
• El Paso, Texas
17 Jul 21
Why be humble?
2 people like this
@id_peace (14005)
• Singapore
17 Jul 21
Because that is nothing to brag about, I should concentrate my effort on the investment than to spend time and energy on such a non productive activities.
2 people like this
@id_peace (14005)
• Singapore
17 Jul 21
Haha... Come to think of it, I should be more humble about it.
2 people like this
@DianneN (247219)
• United States
15 Jul 21
10% is a good return. You should feel good about it!
2 people like this
@id_peace (14005)
• Singapore
16 Jul 21
It is good actually indeed. I am happy
2 people like this
@id_peace (14005)
• Singapore
16 Jul 21
Thank you so much
2 people like this
@DianneN (247219)
• United States
16 Jul 21
@id_peace Super! I’m impressed!
2 people like this
@prinzcy (32322)
• Malaysia
15 Jul 21
10% is still something to be proud of. You still earn something.
1 person likes this
@prinzcy (32322)
• Malaysia
16 Jul 21
@id_peace you will. Just need time and patient for it.
1 person likes this
@id_peace (14005)
• Singapore
16 Jul 21
Indeed thanks
1 person likes this
@id_peace (14005)
• Singapore
16 Jul 21
Indeed I hope that that it will be more.
1 person likes this
@LadyDuck (459353)
• Switzerland
15 Jul 21
I think you have to be proud of your 10% return, many people lose money on the stock market.
1 person likes this
@id_peace (14005)
• Singapore
16 Jul 21
Indeed I am very thankful about it
1 person likes this
@id_peace (14005)
• Singapore
18 Jul 21
We have a part of the portfolio on the dividend earning stock.
1 person likes this
@LadyDuck (459353)
• Switzerland
16 Jul 21
@id_peace I think that the important is to invest the money in safe stocks to avoid to lose money.
1 person likes this
@DaddyEvil (137142)
• United States
19 Jul 21
That's still doing well, even if it's not as well as others do.
1 person likes this
@id_peace (14005)
• Singapore
19 Jul 21
Thank you so much. I hope that I will continue to do well for the year.
1 person likes this
@DaddyEvil (137142)
• United States
19 Jul 21
@id_peace You're welcome. I hope you continue to do well, also.
1 person likes this
@just4him (307252)
• Green Bay, Wisconsin
15 Jul 21
I'm glad you have a return.
1 person likes this
@id_peace (14005)
• Singapore
16 Jul 21
I am happy too even if it is 1% just embarassed by own bragging.
1 person likes this
@just4him (307252)
• Green Bay, Wisconsin
16 Jul 21
@id_peace I'm glad you're happy.
1 person likes this
@shaggin (71670)
• United States
18 Jul 21
Well if your happy with it then oh well if he thinks your not doing well
1 person likes this
@id_peace (14005)
• Singapore
18 Jul 21
I think that it is good but it can improve. The mentor laugh because I had underestimated the return generated by S&P 500.
1 person likes this
@RebeccasFarm (86828)
• United States
18 Jul 21
Well I am very proud of you..that is a decent amount!! Well done.
1 person likes this
@id_peace (14005)
• Singapore
19 Jul 21
Thank you so much for the encouragement.
@jstory07 (134679)
• Roseburg, Oregon
17 Jul 21
As long as you have a return on your money you are doing good.
1 person likes this
@id_peace (14005)
• Singapore
17 Jul 21
Thank you so much. I think that a positive return is always a good news.
@Tampa_girl7 (49132)
• United States
16 Jul 21
10% is good, but 16% is even better.
1 person likes this
@id_peace (14005)
• Singapore
17 Jul 21
Yes 16% is definitely way better than 10%
1 person likes this
@LindaOHio (157337)
• United States
16 Jul 21
10% is a very good return. Nothing to be embarrassed about.
1 person likes this
@id_peace (14005)
• Singapore
17 Jul 21
Thank you so much for your praises.
1 person likes this
• India
15 Jul 21
That was a good investment return you made
1 person likes this
@id_peace (14005)
• Singapore
16 Jul 21
Yes it is and I hope that it will continue to grow from there.
1 person likes this
@Anqaya (3033)
• United States
18 Jul 21
I'll wait for your good updates.
1 person likes this
@id_peace (14005)
• Singapore
19 Jul 21
Thank you so much. Hopefully it will be good eventually.