Anyone own shares in the stable? Seems like several good horses like Jailbird Jog and wondering if checks returned to investors as received or monthly or end of year. Seems like excessive cost in travel for many. Training platform different and would expect fees to trainer's plus McDonald. Lots of flights. Travel. Expenses such as hotes and meals ? Interested in platform.
COUNSELOR, when my two partners and I had four "cheapies" at Pompano Park, we lost money on that venture. We made a lot of friends and had a fun time, but got "chewed up" by the constant VET bills. The trainer gave us a break on the monthlys and the farrier was great but VET bills were hard on us. The big mistake was something we learned the hard way. One $20,000 claimer is better that four $5000 claimers. LOL! Very stupid on my part. As for partnerships, the only Harness Racing group I always hear about is VIP Staples Partnership. Most of the folks in this group advise against them. I have a friend who was in a throughbred partnership with My racehorse.com. He had a minute share. Less than 1/10 of 1%. The cost was really cheap. Bills weren't much. As were any checks he received from them. The thing he did enjoy was going as a guest to watch the horses run. He would enjoy meeting with other investors, his trainer, the jockey, and the grooms. So if you do join a syndicate or limited partnership, please do your homework. And best of luck!
Recent Posts
