Loose Purse Strings Needed
Some racehorse owners make millions of dollars, others lose thousands upon thousands. "In other words, this is a speculative investment for people with substantial means. Don't bet on horses to put the kids through college or fund your retirement plan. But those who have some money to play with and enjoy horses may find it enjoyable, and if they're lucky, financially rewarding." (Los Angeles Times)
Posted by JC, Oct 10, 2004 04:45 PM


