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One of my current racehorses is retiring, so I made an impulse buy into G1 winner, Authentic... So yes... I now have ownership in him, in my defense, when he retires and goes off to stud, I retain ownership in him, so I'll get his stud fees when he becomes a breeding stallion. I did ask my friends to talk me out of buying him in the first place and they just edged me on, so now I need someone to make me feel bad about buying him (kind of like when you bring home a horse and your significant other asks about the new horse you tried to hide from them?)... Oh well... *face palm*
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You mean you bought a micro share in the horse?
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You mean Authentic as in the hopeful for the Kentucky Derby?
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Thank you all for reminding me why I rarely post in forums. :)
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Did you buy the horse, or just a share in the horse?
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I think she meant she purchased a micro-share - I highly doubt this horse would be sold outright and if he did, the average person couldn't afford it lol. According to MyRacehorse.com, you can purchase a micro-share of .001% for $206. I guess if you bought enough, you might make something back in stud fees? Not really sure how it works.
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