Conversely there
are other types of deal in which one can buy a share in a racehorse
for a year, or even for a day.
Shares may be limited
in number – for instance a particular horse may only have
a small and restricted number of owners - or else share ownership
may be widespread to the point where investors may purchase
“fun” shares to the value of a hundred pounds or
even less.
Another consideration
when purchasing shares is how easy or indeed difficult it is
to cancel ownership should your circumstances change, or your
interest fade. Some contracts anticipate that investors will
retain ownership for a given period, maybe even for the life
of the racehorse. Others allow owners to return their share
to the investment company in such an event.
Many syndicates will
invest in more than one horse as a safeguard, in case the one
racehorse becomes injured or lame, or turns out not to be a
good runner. Again any such terms will be explained and should
be understood before a transaction is made.
As long as a potential
investor understands when deciding whether or not to buy a share
in a racehorse that it is a high risk, high enjoyment project
there are levels of entry to suit everyone’s tastes and
individual circumstances. Compare different types of investments
such as buying a stake in a racehorse at websites like those
listed above.