The Ultimate Investing in a Racehorse Quiz
You love horses and you think it might be nice to own a racehorse. Do you really know what you are getting into? Take this quiz before you head out to the stables.
What should you know if you are considering the possibility of investing in a racehorse?
- Investing in a racehorse is a considered to be a medium-risk investment.
- Investing in a racehorse is really more like gambling than investing.
- Investing in a racehorse is only recommended for horse lovers.
What is considered unique about investing in a racehorses?
- Racehorses are noted for high cost of maintenance and care.
- Racehorses are noted for their bad temperament.
- Racehorses are noted for their ability to also be a loving and warm pet.
What is the best way to become the next racehorse owner?
- Check the classified ads in horse racing publications.
- Join a partnership or syndicate.
- Head to the paddock at the next horserace.
According to one study, what is the annual income of a majority of racehorse owners?
- Sixty percent of racehorse owners had an annual income of over $150,000
- Sixty percent of racehorse owners had an annual income of less than $100,000
- Sixty percent of racehorse owners had an annual income of $75,000 or less.
What do you have to remember when you consider buying a racehorse as an investment?
- Horseracing is a sport.
- Horseracing is a business.
- It is better to be a sole owner.
How much can you expect to pay in expenses for each racehorse per year?
How much can you expect to pay in training fees if you race your horse nationally in the United States?
- $34,000 a year
- $27,000 a year
- $22,000 a year
What is a basic rule of thumb that applies to a racehorse?
- Pedigree is the most important factor to establish worth.
- Geldings are the most valuable kind of racehorse.
- The more the horse wins, the greater its value.
What percentage of the purse will you collect if your horse wins a race?
- 75 percent of the purse
- 60 percent of the purse
- 50 percent of the purse
How much does Kentucky Derby winner Fusaichi typically command for a stud fee?