Bought a Nikon coolpix S550 Did I waste my cash?

Question

http://www.nikonusa.com/Find-Your-Nikon/Product/Digital-Camera/26108/COOLPIX-S550.html

Paid $200 for it + shipping... you think I bought a good camera.. I just want something simple like that to bring to vacations with me to take pictures

Answer 1

Why would you think such a thing?  Did someone you know tell you that?

For the price, you got a lot of camera; 10MP sensor, image stabilization, a state of the art Li-ion battery and something not found in cameras in that price range, a 5x optical zoom.