If you were a wealthy Roman or Greek citizen, it was rather good. Anyone else was out of luck.
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399 The First year of the 4th Century would be 301AD or CE as they like to call it now.
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First century. A century is 100 years, and the first century is years 1-100. The second sentury is 101-200, etc.
The year 79 A.D. was in the First Century. Years 0 to 99 AD were in the first century after the start of the calendar (supposedly the death of Christ) - hence the First Century.
The first century included the years 1 to 100.