Is this one of your investment goals in life? Being aroud owner of a racehorse is not so easy but luckily, there are so many ways you can invest in one. Having a racehorse is a true symbol of status and many of us think that it’s limited only for the richest people on earth. Wrong. This is why we collected some ways that will help you to invest in a real racehorse. Be one of the proud owners and if you are lucky, it can turn out to be one of the best things that happened in your life. Here are some ways that you can go for it.
Pay from your own bank
Yes, the first way is this and it’s the hardest and sometimes impossible thing that you can do. But if you think that your fortune is enough and you have enough money to invest and pay the other bills that concern to be a pure owner of a racehorse then, go for it. After all, this is the best way you can make the most out of your horse ownership when compared to other ways; you don’t have to share the money or even pay different companies. It’s all yours to enjoy.
Share your horse
The second best way is to go for shares. You don’t have to buy one totally for money, because it’s too expensive. If you don’t want to break a bank and still own a racehorse, then check for racehorse shares for sale. Your country’s racing board will give you opportunities to own a horse. But there will be others who will also be owners of the same horse (this is what sharing mean).
Another benefit is that the, responsibilities of the horse will be distributed among all other sharers, which means you don’t have to be busy with vets and trainers. Like that, your prize money and other benefits will be distributed too. But it’s a really good way to own a horse and slowly increase your investments. So, check for these different racehorse shares available.
Buy from an auction
You might have heard of these different horse auctions from time to time. To get to know about these events, check for the different horse magazines, catalogues and also keep in touch with different bloodstock companies. They will update you with these different sales. Also, race clubs will have good information about these horse auctions.
Go for a lease
Training and taking care of a horse is expensive. There are so many owners who don’t have the ability to pay for all the expenses and training. Find a person like this and get the horse under a lease. It will run under your name. You will have to pay for the training, vet and other expenses and the prize money will be divided according to the agreements between you and the owner.