Author Topic: DAILY RATES...75$ A DAY..60 90 100 ?  (Read 4131 times)

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The Exporter

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Re: DAILY RATES...75$ A DAY..60 90 100 ?
« Reply #15 on: May 11, 2022, 11:22:06 AM »
You are probably right or close to it with that $60k figure, Dink. That is a net $54K going to the owner. At $4k a month plus equipment and some other expenses, no problem spending that $54,000.
 So if you purchase a yearling to train down and make eligible to Sire Stakes and some Grand Circuit events, your investment in training and stake payments could easily exceed $50,000. What is the % of 2 year old colts or fillies that make $50K?   

half round full swedge

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Re: DAILY RATES...75$ A DAY..60 90 100 ?
« Reply #16 on: May 11, 2022, 11:57:52 AM »
You are probably right or close to it with that $60k figure, Dink. That is a net $54K going to the owner. At $4k a month plus equipment and some other expenses, no problem spending that $54,000.
 So if you purchase a yearling to train down and make eligible to Sire Stakes and some Grand Circuit events, your investment in training and stake payments could easily exceed $50,000. What is the % of 2 year old colts or fillies that make $50K?

there's a solution.  fractional ownership  ngc3 ngc3 ngc3 ngc3

horses first

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Re: DAILY RATES...75$ A DAY..60 90 100 ?
« Reply #17 on: May 11, 2022, 04:08:09 PM »
60k a month and it's laughable that people say purses are up? When the prices go up on everything those prices are not on par anymore and they actually haven't been on par with inflation for decades. It will be interesting by the time we get to the sales on what kind of enthusiasm with dollar spent. It may not be where the markets are but by the time consumers say we had enough paid higher prices for everything. Then you have an issue with the possibility of recession once you get there you have states that have racinos or government subsidy that will be looking for revenue since most states can't build revenue with gambling or marijuana. Inflation is a killer and once it breaks you have slowed growth enough into a recession or stagflation. Then come the job losses. At some point the 100 a day will turn back to 50 a day looking to get owners back that get flushed out.

PIGLAND

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Re: DAILY RATES...75$ A DAY..60 90 100 ?
« Reply #18 on: May 11, 2022, 06:43:21 PM »
the bills seem to go way up if your horse wins

half round full swedge

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Re: DAILY RATES...75$ A DAY..60 90 100 ?
« Reply #19 on: May 11, 2022, 08:16:41 PM »
All dees associations and shit wondering why you got to be 70 before you can get into da sport 😂😂

horses first

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Re: DAILY RATES...75$ A DAY..60 90 100 ?
« Reply #20 on: May 12, 2022, 12:39:08 AM »
PA sire money has been going down yearly but the three year old trot fillies today raced for total of 135k. Anyone that follows is that a much lower total than past years?

dinkadoo

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Re: DAILY RATES...75$ A DAY..60 90 100 ?
« Reply #21 on: May 12, 2022, 07:22:30 AM »
there's a solution.  fractional ownership  ngc3 ngc3 ngc3 ngc3
Don't knock the factional ownership -- I own two hoof nails of 8 different thoroughbreds....

Total cost -- $704    Return about $110     Bills = $0     

Possiblity of turning a profit -- about the same as paying bills on a standardbred -- about 0

half round full swedge

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Re: DAILY RATES...75$ A DAY..60 90 100 ?
« Reply #22 on: May 12, 2022, 12:10:09 PM »
sounds bout right

 

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