Kentucky Derby Fashion

I needed some advice. I'm considering joining a partnership run by one of two teams. There are three different partnerships that I envisage. Although I did not expect to make money on this, I will not lose much either, if it can be avoided. I want to have fun. Look So please to the following options and tell me what you would do and why. If you think any of them is a good idea, let me know. I have not committed to anything. Buy affordable. Maintenance costs vary depending on where the horse is in his career, but could be as high as $ 140/month for a 10% if no compensation to offset expenses.

Option one is a colt 2 years. His father (Star Eddington unbridled fashion, by the Crown in right) G1 is a winner, with two crops of racing age. His mother (French Deputy) Latour is a winner GII. The colt has a pedigree very well, but he himself was purchased at a very low price compared to others with the same father. So I do not know if it is deficient in some way, or a major market. It is a good chance he had run in my region of the world at least part time, so I get to see. The shares are 5% or 10%. His coach was not selected.

Option 2 is a 2 year old filly with the breeding of Nice (but not as impressive as the foal). She says have a good conformation. (I can not say of her picture and have the necessary knowledge to judge anyway.) Will be formed in Kentucky, so if she runs I'll do to see her. If it is not race, it still has potential as a broodmare. His coach is a prospective winner of the Derby, but years ago. The shares are 2%, and I made two or three, no doubt.

The third option is a 5% stake in a well-bred mare, her new-born (03/12) Colt, and his future offspring. The mare Silver Charm of a stake-winning Northern Flagship mare. The father wins IM tactics Cat, by Storm Cat. His new-born (her third foal) seems to have a lot of potential pedigree, but it's on paper now. It is not even a week, so it would be 2-1/2 years minimum before could race. La Mama is expected to be elevated to a nice, IGI-winning young stallion (son of the chair) this spring. This colt would belong to both partners. There is no stud fee due to an arrangement or other.

None of these has a large initial investment. However, all of them require sharing fees, and all horses must be fed, housed, trained, shod, tested, etc. It is hoped that, after spending more - when the horse race - that they may be offset by gains. There is no guarantee, though.

So what do you think? What would you do?

First, you need to know what financial commitment the company is on each offer .... and I mean in terms of dollars and cents throughout the process. Many of them are put in place when the company will control a majority share, but then you begin to break the numbers down to expenditure for investors and the company is playing with "house" money while being on the line for almost nothing.

And never - ever - search for any partnership as a way to earn money. You state - that is great - but how is you're willing to lose (and get a tax deduction), because it sure not to put off "in an appeal of future cash flows.

The money is in the breeding and projections, then everything else is pure speculation. My biggest suggestion - if the number of work - is to get into something close to you, so you can see the rider often so it will be based on a track region.

And lines ... which is a "sale" item for those looking to attract investors and nothing else. Ask yourself ... How Fusaichi Pegasus (by example.