Would you do this?!?!

fmc123412 · #1 07-10-2006, 01:04 PM

Quote:

Originally Posted by paisjpq

if the horse is a claimer that can't/won't win who do you think you are going to get to buy it? I sound like a losing proposition to me.

I know this is only to lose money...but this will by my first time as an owner....I wont pay $30.000 to a horse an give him to any trainer....I dont have any prior experience....

So i intend to pay $2.000 on a bad horse....get some experience and the next year, pay $30.000 to a horse and give him to a trainer I trust

I dont know if I was clear, but I wont use the returns this bad horse will give me to buy the other horse one year later...

paisjpq · #2 07-10-2006, 01:10 PM

Quote:

Originally Posted by fmc123412

I know this is only to lose money...but this will by my first time as an owner....I wont pay $30.000 to a horse an give him to any trainer....I dont have any prior experience....

So i intend to pay $2.000 on a bad horse....get some experience and the next year, pay $30.000 to a horse and give him to a trainer I trust

I dont know if I was clear, but I wont use the returns this bad horse will give me to buy the other horse one year later...

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...

fmc123412 · #3 07-10-2006, 01:17 PM

Quote:

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 · #4 07-10-2006, 01:19 PM

Quote:

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 · #5 07-10-2006, 01:27 PM

Quote:

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 · #6 07-10-2006, 01:29 PM

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 · #7 07-10-2006, 01:30 PM

Quote:

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.

#8 07-10-2006, 02:09 PM

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).

#9 07-10-2006, 02:14 PM

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.