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Last month (March) I made 7.46% on my investments. Is that considered good? How did you do? Just curious.? |
.28 basis points cost. trade_info, I know what you mean by thinking your a GOD.... LOL... A couple of good trades and that mind set kinda settles in. On my long term stuff that I started last May of 2005 I have an annual return of 17.70%. That is if April doesn't dissapoint. it is an awesome return. doubt that you could repeat that month after month. that is over a 90% annual return. I'd say it's fairly respectable. Average returns on stocks or mutual funds falls between 5 and 12% I believe. Yes, you did good, better than the guy run my mutual funds. I made about between 5% and 6%. Hey, it is better than nothing. The stock market, overall, has averaged about 12% gorwth per year over the last several decades, but how much growth is good depends on how you are investing. Yes it is. it his 446 basis points over inflation. Actually you did excellent, you beated most hedge funds (forget mutual funds, they are poor performance vehicles). I really envy you. If you can keep that up, you will indeed be doing well. However, just remember that there were a lot of people making a lot of money during the tech boom of the late 90's who got wiped out when the bubble burst. |
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