Decisions

Buying a group of imaginary horses is a lot fun.

Trying figure out how to invest actual money in the real world is complicated.

Here is the list of decisions:

1. Should I invest this year, or wait for a stock market correction?
2. Should I wait until I understand the process a little better?
3. Should I wait until I meet some of these people in person?
4. What is the future of horse racing?
5. Should I buy a whole horse, or invest in partnerships?
6. What if my expected percentage loss from either?
7. If I bought a whole horse, could I find the right bloodstock agent and trainer?
8. Would it not be smarter to buy several partnerships horses, rather than one whole horse?
9. If I use partnerships should I go with a portfolio approach like Donegal and Ten Strike, or individual horses like Eclipse and West Point.
10. What about the other 25 smaller partnerships?
11. Do any of the partnerships have excessive fees?
12. Should I do yearlings or 2 yr-olds in training?
13. Can I wait to the end of the sales, or do I have to act quicker?