Jason Brown
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Podcast Appearances
I went down to a well-known bank. I tell the girl, I want to be rich. I mean, I said, I want to invest. She said, why? She asked me two questions. She was like, so you want aggressive funds, right? And I was like, yeah, I'm 18. I need aggressive growth. And she's like, well, what's your goal? I was like, I want to be rich. Like, why else do people invest?
I went down to a well-known bank. I tell the girl, I want to be rich. I mean, I said, I want to invest. She said, why? She asked me two questions. She was like, so you want aggressive funds, right? And I was like, yeah, I'm 18. I need aggressive growth. And she's like, well, what's your goal? I was like, I want to be rich. Like, why else do people invest?
I went down to a well-known bank. I tell the girl, I want to be rich. I mean, I said, I want to invest. She said, why? She asked me two questions. She was like, so you want aggressive funds, right? And I was like, yeah, I'm 18. I need aggressive growth. And she's like, well, what's your goal? I was like, I want to be rich. Like, why else do people invest?
I'm not thinking people invest for retirement. They invest for, I'm just, I'm like, if I get rich, that take care of retirement, mobile home, vacation home, it takes care of everything. So I'm like, I just want to be rich. I gave her the $2,000. I come back two years, I'm 18. I come back about two, two and a half years later, I'm 21. And I'm like, how's my investment going?
I'm not thinking people invest for retirement. They invest for, I'm just, I'm like, if I get rich, that take care of retirement, mobile home, vacation home, it takes care of everything. So I'm like, I just want to be rich. I gave her the $2,000. I come back two years, I'm 18. I come back about two, two and a half years later, I'm 21. And I'm like, how's my investment going?
I'm not thinking people invest for retirement. They invest for, I'm just, I'm like, if I get rich, that take care of retirement, mobile home, vacation home, it takes care of everything. So I'm like, I just want to be rich. I gave her the $2,000. I come back two years, I'm 18. I come back about two, two and a half years later, I'm 21. And I'm like, how's my investment going?
I'm thinking, this is great. It's going to be at $6,000, $7,000. It was down to $700. Wow. And so I asked the lady, I said, well, what happened? That was my life savings. Like, I'm not about to graduate high school again. So I don't know where I'm going to get $2,000 from. And she just kind of looked at me like, I don't know what to tell you.
I'm thinking, this is great. It's going to be at $6,000, $7,000. It was down to $700. Wow. And so I asked the lady, I said, well, what happened? That was my life savings. Like, I'm not about to graduate high school again. So I don't know where I'm going to get $2,000 from. And she just kind of looked at me like, I don't know what to tell you.
I'm thinking, this is great. It's going to be at $6,000, $7,000. It was down to $700. Wow. And so I asked the lady, I said, well, what happened? That was my life savings. Like, I'm not about to graduate high school again. So I don't know where I'm going to get $2,000 from. And she just kind of looked at me like, I don't know what to tell you.
And so I said, I thought the professionals don't lose money. And she like, market goes up, it goes down. I said, give me my $700. I can do this myself. I could have lost my own money. At least I would have known why I lost it. Because I didn't even know how they lost it. I just handed it over. No explanation. Yeah, and it just disappeared, right? And so that was the beginning for me.
And so I said, I thought the professionals don't lose money. And she like, market goes up, it goes down. I said, give me my $700. I can do this myself. I could have lost my own money. At least I would have known why I lost it. Because I didn't even know how they lost it. I just handed it over. No explanation. Yeah, and it just disappeared, right? And so that was the beginning for me.
And so I said, I thought the professionals don't lose money. And she like, market goes up, it goes down. I said, give me my $700. I can do this myself. I could have lost my own money. At least I would have known why I lost it. Because I didn't even know how they lost it. I just handed it over. No explanation. Yeah, and it just disappeared, right? And so that was the beginning for me.
So what happened, Mick, was I was making $8 an hour selling cell phones for Sprint PCS. I'm that guy in Best Buy or you're going to Costco, Sam's Cup. And they're like, who's your cell phone provider? Well, that was me. I was like 20, 21 years old. And so I did what most people do. I spent $200 on some gym shoes to make me feel better. I bought some Jordans. So I had $500 left.
So what happened, Mick, was I was making $8 an hour selling cell phones for Sprint PCS. I'm that guy in Best Buy or you're going to Costco, Sam's Cup. And they're like, who's your cell phone provider? Well, that was me. I was like 20, 21 years old. And so I did what most people do. I spent $200 on some gym shoes to make me feel better. I bought some Jordans. So I had $500 left.
So what happened, Mick, was I was making $8 an hour selling cell phones for Sprint PCS. I'm that guy in Best Buy or you're going to Costco, Sam's Cup. And they're like, who's your cell phone provider? Well, that was me. I was like 20, 21 years old. And so I did what most people do. I spent $200 on some gym shoes to make me feel better. I bought some Jordans. So I had $500 left.
I was like, man, if I can make $50, because after making $8 an hour, $64 on a Saturday, you take taxes out, I'm left with $50. I've been working Saturdays since I was like 16 in retail. I worked for McDonald's. I worked for Mervin's. I worked for Best Buy. I worked for Sprint, PCS, Southern Fund. I'm always working retail. I'm finally like, if I could just take a Saturday off and not lose pay,
I was like, man, if I can make $50, because after making $8 an hour, $64 on a Saturday, you take taxes out, I'm left with $50. I've been working Saturdays since I was like 16 in retail. I worked for McDonald's. I worked for Mervin's. I worked for Best Buy. I worked for Sprint, PCS, Southern Fund. I'm always working retail. I'm finally like, if I could just take a Saturday off and not lose pay,
I was like, man, if I can make $50, because after making $8 an hour, $64 on a Saturday, you take taxes out, I'm left with $50. I've been working Saturdays since I was like 16 in retail. I worked for McDonald's. I worked for Mervin's. I worked for Best Buy. I worked for Sprint, PCS, Southern Fund. I'm always working retail. I'm finally like, if I could just take a Saturday off and not lose pay,
that would be like amazing. So I got 500 bucks. And like, if I can make 10%, that's $50. I can take one of these Saturdays off. And then I said, if I could do that once a week, then I could take a whole month of Saturdays off. So I bought Sprint stock at $5 a share. Sprint stock fell down to four. I was like, oh man, this doesn't work. Maybe I'm not as smart as I thought I was.
that would be like amazing. So I got 500 bucks. And like, if I can make 10%, that's $50. I can take one of these Saturdays off. And then I said, if I could do that once a week, then I could take a whole month of Saturdays off. So I bought Sprint stock at $5 a share. Sprint stock fell down to four. I was like, oh man, this doesn't work. Maybe I'm not as smart as I thought I was.