Would you do this?!?!

[fmc123412]

Originally Posted by paisjpq

your best bet is to get into an established syndicate to gain experience about the game. Then when you are ready you can go out on your own, again even if you don't intend to use proceeds of a 'bad' horse, you may not be able to unload said horse and will end up owning two horses, which costs twice as much...

The problems is that there is not a good stablished sindicate here...

The trainer assured me that when the horse starts giving me no returns, we will sell him....even if it is to make sausages....

[paisjpq]

Originally Posted by fmc123412

The problems is that there is not a good stablished sindicate here...

The trainer assured me that when the horse starts giving me no returns, we will sell him....even if it is to make sausages....

where is here? do you seriously think it is okay to sell a horse to the slaughterhouse if it can't make money for you ???? if so you have no business being an owner in the first place!

[fmc123412]

Originally Posted by paisjpq

where is here? do you seriously think it is okay to sell a horse to the slaughterhouse if it can't make money for you ???? if so you have no business being an owner in the first place!

of course not...i was just being extreme about the issue...

Here is Brazil.

And the horse can be sold to jumping purposes, therapy, i dont know...even for breeding...she is a filly and has 2 wins already....2 claimings, but 2 ins...lol....she is 4 yo

[paisjpq]

okay, sorry. didn't mean to jump all over you , just something I feel very strongly about.
but what I said earlier is still true---doesn't sound like you have the resources to support a horse in training right now. JMO.

[Cajungator26]

Originally Posted by paisjpq

where is here? do you seriously think it is okay to sell a horse to the slaughterhouse if it can't make money for you ???? if so you have no business being an owner in the first place!

He/she is in Brazil. That should suffice as excuse enough.

But you're right... that was a ****ty thing for him/her to say.

If you asking yourself if you can afford it, then you can't. This isn't a car or a house (where it sometimes makes sense to try to overreach financially) it is a racehorse.

Piece of advice, you seem pretty passionate considering you are posting on this site from Brazil, START YOUR OWN SYNDICATE. Just bust your balls and go out and talk it up. Good luck whatever you decide to do. I am spending some money this fall to buy into some mares for breeding but can't wait until I get to watch the foals run in a couple years (too bad they won't be mine when they run).

Never get into owning race horses ... unless you are fully prepared to lose every penny you put into it.

If you're content to toss away money into an enjoyable hobby ... do it.

If you're investing in race horses in order to make money ... forget it.

[Downthestretch55]

Originally Posted by Bold Brooklynite

Never get into owning race horses ... unless you are fully prepared to lose every penny you put into it.

If you're content to toss away money into an enjoyable hobby ... do it.

If you're investing in race horses in order to make money ... forget it.

FMC,
I'll give you 10-1 Bold B has never owned a horse. Though lots of what he says has a distict oder about it (like what comes from under the tail of one).

Plenty of people have made money on horses. It's a huge industry.
Sure, you can expect to lose while you're paying your dues.
Just don't let the ignorant one discourage you.
Thre are people that do quite nicely bringing horses to the states from Argentina. I don't know about exporting from Brazil, but you might want to consider that possibility.

Before you jump in, I'd take Yogi Berra's advice, "You can see a lot just by observing."

Good luck!

DTS

[fmc123412]

Originally Posted by Downthestretch55

FMC,
I'll give you 10-1 Bold B has never owned a horse. Though lots of what he says has a distict oder about it (like what comes from under the tail of one).

Plenty of people have made money on horses. It's a huge industry.
Sure, you can expect to lose while you're paying your dues.
Just don't let the ignorant one discourage you.
Thre are people that do quite nicely bringing horses to the states from Argentina. I don't know about exporting from Brazil, but you might want to consider that possibility.

Before you jump in, I'd take Yogi Berra's advice, "You can see a lot just by observing."

Good luck!

DTS

DTS,

Your post was the most encouraging one!...

I am confortable with losing all the money I put on this horse. 10% of my monthly budget is not something I will really regret of losing it....

There are good exports from here....good horses are always going outside (Pico Central, Leroidesanimaux, Siphon, etc...)...and number are multiplying

The chance I get a horse like this is the same of winning the lottery...but It is not about the money....if it comes...better!

Today I will see the filly running....if she looks beautiful and runs a good race....6th is enough for me in a field of 10...I will buy it, i think....


I don´t know, and you correct me if I am wrong, but i think i can afford owning a race horse...10% of my gains is not something I would die for....

I will keep thinking....her next claiming race will be next week, if i decide to buy her...

Thank you!