First time owner.....NEED HELP FROM THE EXPERTS

  • Flash Harry
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Re: Re: First time owner.....NEED HELP FROM THE EXPERTS

13 years 4 months ago
#220453
racing guru how you explain the partners of piere jourdan have problems after win 4,5 million? no i here what you say some partners willwork but most will not

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  • RACING GURU
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Re: Re: First time owner.....NEED HELP FROM THE EXPERTS

13 years 4 months ago
#220454
avanza Wrote:
> RACING GURU Wrote:
>
>
> > lets just say...we have 100 loyal members from
> > this ABC SITE...EACH PREPARED to spend
> > R1000/month on owning a horse/s...that gives us
> a
> > R100 000 /MONTH....we find a resident trainer
> ......
>
> maths... does not matter if you losing 1000 a
> month or 10000 a month - if the investment sucks
> and you not in it for the gas - what the hell are
> you doing????
> I think all owners need to make a decision. Owning
> horses is NOT an investment. It it a pastime, that
> has awesome highs like leading in winners, but has
> gurantee or prospect of profit. If you hit the
> WOLF POWER then you the 0,001 percent else just go
> blow a couple grand each month and get the ladies
> to dress properly.


u probably got me wrong...and u will be on the receiving end each time if u think that ownership is about making money.....this is an absolute hobby...so what i suggested was that we could get the same thrill and elation of the sport of owning with a R1000/m..and get 5%...or if we spentR50 000 /m and had a 100% of the horse....my response was to the topic of what is the best way of owning horses....not the other aspect of the viability of owning horses

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  • Muhtiman
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Re: Re: First time owner.....NEED HELP FROM THE EXPERTS

13 years 4 months ago
#220455
Yet to see any potential cracker ever put up for syndication in this market... had there been one I would have been in......any horse worth it's salt is soon snapped up by the deep pockets... as that guarantees many a future meal ticket

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  • RACING GURU
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Re: Re: First time owner.....NEED HELP FROM THE EXPERTS

13 years 4 months ago
#220457
Flash Harry Wrote:
> racing guru how you explain the partners of piere
> jourdan have problems after win 4,5 million? no i
> here what you say some partners willwork but most
> will not


i am not sure what the initial arrangements were in respect of the pj contract....but 1 thing for sure i would imagine that this ugly duckling and its owners never invisaged at the time that this horse could soar to this great heights....and i am pretty sure the dispute arose because 1 partner wanted an overseas campaign with this horse and the trainer didnt want to let the horse go(llok this is just my speculation)...could be way off the mark.....

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  • ORANGE
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Re: Re: First time owner.....NEED HELP FROM THE EXPERTS

13 years 4 months ago
#220694
Zietsman, just go for it, there is nothing like it ! Any advice you want I will give you for FREE!!!!!

I will help you choose a horse that suites your pocket, I will help you find a trainer that you like and that suits the horse you end up buying, I will help you negotiate your deal with him/her. i will guide you through the challenges and shake your hand when you taste victory.

I will do this all for free because the SPORT needs people like you.

My name is Manny from Midlands Thoroughbreds you follow us on Facebook. Give me a call, and live your dream.

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  • Raymond Deacon
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Re: Re: First time owner.....NEED HELP FROM THE EXPERTS

13 years 4 months ago
#221030
Zietsman - your passion and desire is obvious and probably is the foundation requirement when entering into racehorse ownership - amazing highs are married to devestating lows.

While definitely not being an expert, from my experience of racehorse ownership, the best advice I could forward is to:
* determine and stick to affordable budget (money you can lose and dont need);
* buy the best horses you can afford (not neccasarily most expensive). Get the best advice possible from best proffesionals (second opinion or other than trainer if possible). Go with your gut instinct if you like a horse to purchase that has no patent defects;
* Partnerships only with people with simmilar goals and attitude (syndicates can be fun but have a few of your own/partnership as well - they compliment each other and spread the risk);
* Get best stable/trainer/jockey package possible;
* Be aware of, budget for, and be hard on the "soft add-on issues" we all forget - check and manage Vet, Farrier, Miscallaneous accounts;
* Remain involved in all the details - visit as often as possible, listen to the talk, ask questions, check answers, ask advice, offer solutions, push for results but understand the complexities;
* Involve your family (prevent the "racing widow" syndrome) - hard enough to deal with this game without home support;
* Set disciplined "stop/loss" criteria - "no show they go" irrespective of "outside advice" - hardest part;
* If its not fun - run.

My whole family has experienced the crazy racing roller-coaster of the stratospheric highs of owning a champion through to the devestating blow of losing him, from good ones to useless ones - yet they have all been ours, and we would never change a day.

Wishing you well in your decision, and hopefully this will help you.

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  • RACING GURU
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Re: Re: First time owner.....NEED HELP FROM THE EXPERTS

13 years 4 months ago
#221047
thanks raymond for that advice...even if it was directed to zietsman....we can all take heed....that the beauty of this site...to get that down to earth and heart comments from guys of your calibre...who can mix it with the guys who want to buy that 1% share and that guy who luvs to put 5 each way...thanx again

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  • ShezaPunter
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Re: Re: First time owner.....NEED HELP FROM THE EXPERTS

13 years 4 months ago
#221063
Who, this is amazing..great response..from great lads..
Orange, Raymond, Craig,RG,all the guys.
Zietsman, when u purchase ur first baby,let us know..I'm sure the whole clan will have a punt on it and our shouts will bring him/her home

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  • RACING GURU
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Re: Re: First time owner.....NEED HELP FROM THE EXPERTS

13 years 4 months ago
#221095
ShezaPunter Wrote:
> Who, this is amazing..great response..from great
> lads..
> Orange, Raymond, Craig,RG,all the guys.
> Zietsman, when u purchase ur first baby,let us
> know..I'm sure the whole clan will have a punt on
> it and our shouts will bring him/her home


shezapunter...thats why i like u....never short of an opportunity..i thought u were gonna say..when zietsman buys his first horse ..you'll take a small share in it..no..no...let him pay for it feed it....but u'll just punt it...just kidding

at least let him get the best price sheza..ok?....dont jump in before him

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  • Sham Racing
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Re: Re: First time owner.....NEED HELP FROM THE EXPERTS

13 years 4 months ago
#221329
We have experienced all forms of the game from breeding, owning and now training. While the lows, like loosing are a horse, are devasting the highs are amazing.

Nothing can touch having your first winner until you breed, own and train a winner.

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