Monthly costs per share
Quote from Grit on August 29, 2024, 8:04 AMCan anyone provide some insight of the monthly cost per share of a yearling purchase. I know it's a variable from horse to horse. Looking forward to the upcoming sales. Easy to calculate the share price, want to make sure I'm in my budget monthly. Thanks!
Can anyone provide some insight of the monthly cost per share of a yearling purchase. I know it's a variable from horse to horse. Looking forward to the upcoming sales. Easy to calculate the share price, want to make sure I'm in my budget monthly. Thanks!
Quote from Lonnie on August 29, 2024, 9:02 AMQuote from SC Upstate on August 29, 2024, 8:04 AMCan anyone provide some insight of the monthly cost per share of a yearling purchase. I know it's a variable from horse to horse. Looking forward to the upcoming sales. Easy to calculate the share price, want to make sure I'm in my budget monthly. Thanks!
This sounds like a question for @Amac
Quote from SC Upstate on August 29, 2024, 8:04 AMCan anyone provide some insight of the monthly cost per share of a yearling purchase. I know it's a variable from horse to horse. Looking forward to the upcoming sales. Easy to calculate the share price, want to make sure I'm in my budget monthly. Thanks!
This sounds like a question for @Amac
Quote from Grit on August 29, 2024, 12:03 PMThanks, I had already seen that. Seems reasonable compared to what I was paying per month in the early 80's for horses at the Big M. Just curious.
Thanks, I had already seen that. Seems reasonable compared to what I was paying per month in the early 80's for horses at the Big M. Just curious.
Quote from Bgtolex25 on August 29, 2024, 12:49 PMWasn’t sure if my link would work. Note that AMac has indicated prices are overdue for an increase, but I had wished that they would have announced before yearling purchase season. Also, note that the prices are listed in CND. I suggest jumping in light with a 1% share just so you can monitor for yourself on the incidentals and such. Wouldn’t hurt to having a steady check earner racing over the winter to help pay for the baby to learn its lessons.
Also, research the state and Canadian providence licensing requirements. I try to stick to Ohio, Kentucky and PA eligible and keep my % per horse under 5%. You would just need a current USTA membership and no state licenses in those ownership scenarios.
Feel free to private message me if you want my full experience as a new client trying to stick to a budget.
Wasn’t sure if my link would work. Note that AMac has indicated prices are overdue for an increase, but I had wished that they would have announced before yearling purchase season. Also, note that the prices are listed in CND. I suggest jumping in light with a 1% share just so you can monitor for yourself on the incidentals and such. Wouldn’t hurt to having a steady check earner racing over the winter to help pay for the baby to learn its lessons.
Also, research the state and Canadian providence licensing requirements. I try to stick to Ohio, Kentucky and PA eligible and keep my % per horse under 5%. You would just need a current USTA membership and no state licenses in those ownership scenarios.
Feel free to private message me if you want my full experience as a new client trying to stick to a budget.
Quote from Grit on August 29, 2024, 2:17 PMGreat advice Bgtolex and I agree 100% I heard AMac talk several months ago and again maybe a few weeks ago about increases and/or changes. I thought "the news" would've been out by now. I've actually been following for over a year while making a few other big life moves, retirement, moving into a new house 700 miles from home, all good. Part of the process I guess. 1% of two or three yearlings with maybe 1% in one or two that are racing is the plan for year one. But the wife and I are going to Lexington for three days of the sale so I'll have to careful when that adrenaline rush kicks in! lol And again, totally agree with the percentage and the three states you mentioned. Thanks for the offer to private message you, I'll probably take advantage of that! Excited to have a stable within a stable.
Great advice Bgtolex and I agree 100% I heard AMac talk several months ago and again maybe a few weeks ago about increases and/or changes. I thought "the news" would've been out by now. I've actually been following for over a year while making a few other big life moves, retirement, moving into a new house 700 miles from home, all good. Part of the process I guess. 1% of two or three yearlings with maybe 1% in one or two that are racing is the plan for year one. But the wife and I are going to Lexington for three days of the sale so I'll have to careful when that adrenaline rush kicks in! lol And again, totally agree with the percentage and the three states you mentioned. Thanks for the offer to private message you, I'll probably take advantage of that! Excited to have a stable within a stable.