Tomislav Perko is the first to admit that his short-lived career as a stockbroker was an epic disaster.
He stumbled into the job in his native Zagreb, Croatia in 2007 when he was only 23. The thrill of chasing the market was addictive, and the fact that he was earning as much as $10,000 a month didn’t hurt either. At the time, the youth unemployment rate in Croatia was more than 20% and he was easily out-earning all of his peers.
“I had my own apartment. I bought everything I wanted, went to all the parties, all the restaurants,” says Perko, who spoke exclusively with Yahoo Finance. “I was always thinking money is what makes you successful. I thought that was what I was supposed to do my entire life.”
He was young, wealthy, and (not unsurprisingly) a little cocky. He eventually convinced several family members and friends to pool about $30,000 of their savings and let him invest it in the market himself.
“I told them they could not lose,” he says. “In those days, you couldn’tRead More »from '1,000 days of summer': An ex-stock broker travels around the world on $10 a day