Starting my mid twenties with $100 000 | Brad Costanzo

When I was about 25 years old, my dad gave me the money. It was like not a trust fund, it was just saving it there. And it was about a, like $98,000. And I was about 25, 26 years old. And here I was in my mid-20s starting off with $100,000. And I was a financial advisor, so obviously I'm really wise. Well, they, you know, there's this thing called margin. Making money was way too easy back in the dot com days in 99 and you know, I was like, oh, a little, little margin here, a little margin there, a little more margin here, a little more margin there. Really soon like I was having these months where it was just barn burning months. And I said, this is amazing. And I didn't realize that I was pretty much fully margined out because I just got, you know, carried away. And then in March of 2000 when the cracks started to occur and everything started to fall apart, I just started to see my, my portfolio start to evaporate, get margin call after margin call after margin call, hoping it was kind of come back because it went way down and oh, it's going to bounce. It never bounced.