- Joined:
- Aug 23, 2012
- Posts:
- 12,440
- Liked Posts:
- 3,900
I own 100 shares on the Kentucky Derby and Breeders Cup Classic winner, and soon to be named 2020 Horse of the Year !!!!
I own 100 shares on the Kentucky Derby and Breeders Cup Classic winner, and soon to be named 2020 Horse of the Year !!!!
What does that mean exactly? For those of us not into horse futures.
I am a Partial owner of the horse, and of his future siblings, receive monetary payouts for his in the money finishes, amount of payout based on my owned shares, also a payout when he's sold to stud, again based on my shares, and the amount of the sale, which I'm expecting to be large!!
Quite a long time, i used to own a box at Arlington , before I moved out of State, as for the purchase, it was by random offer, the fact that he was already going to the Derby, and it had been determined that his actual racing career would end with his 3 year old campaign, made my choice easier, expensive, but easierThat's cool, have you been into horse racing a long time or was this kinda a random opportunity that came up and you jumped on it?
UPDATE: Authentic won the Monmouth Park 1 million dollar bonus for winning the Grade 1 Travers, Kentucky Derby, and Breeders Cup Classic !!!
You don't have to share if you do not want to of course, but what percentage is 100 shares? Is that like a ten percent cut or something?Update: Authentic Stud fee 75,000.00
You don't have to share if you do not want to of course, but what percentage is 100 shares? Is that like a ten percent cut or something?
Still, 1% isn't bad.750 per sibling would be nice
hookers and blow excitement or we have a sweet down-payment on a Kia Sorrento excitement?EXCITING indeed !!!