OWNERSHIP

Question
If I have $50k to invest, would it be better to buy one horse or as many good horses I can find within the budget?

What do I need to do, to get prepared for a business as a racehorse owner?

Answer
Good morning,
This is a great question. In our considerable experience, in Kentucky, working with different types of risk managed investments, we firmly believe one should take a budget and place into a situation where you get as many horses as possible,(yet not compromising the quality of the stock which needs to hover in the middle and upper middle ranges).  This means partnership, and if the partnership is handled correctly, your pro rata ownership percentage in meaningless, as you are investing for managed risk, hopeful rate of return, and EXPERIENCE. A well managed partnership will provide you as much hands on opportunity to participate in the scene as you can handle.  All partnership companies will encourage this but check some references or request to "audit" for a year or so before investing.  
Take a look at our website, www. dapple.net.  I am certain that we have the right approach for a  new-comer, in terms of honestly, quality, risk management, and a genuine opportunity to learn with Kentucky based professionals.  
Getting prepared is really about reading, which I can recommend several but mainly BH magazine every single week, and also about just being exposed and networking with good people over time.  
Give me a call sometime for additional information.
Lora Brown
859-263-3939.