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Melissa S asked in PetsHorses · 9 years ago

Making money buying and selling horses?

Over the last year ive bought and sold 3 horses and made quite a bit of money. All were 4 years old. One was a 14.2 black cob, one was a chestnut section d, and one was a 16hh warmblood. So they are all pretty different but I broke them in, and sold them and made a profit (taking into account cost to keep as well - keeping them in a stable on a livery yard).

I've just been reading/hearing people's opinion saying it's impossible to make money on horses, but I was thinking about carrying on and using the money for a deposit for my own yard. So then i can do it on a bigger scale. Is that crazy?

I just wanted to hear everyone's opinions and success/failure stories buying horses to make a profit.

7 Answers

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  • 9 years ago
    Favorite Answer

    If you can produce horses well, you can certainly sell for more than you buy - but you have to be good, you have to have an eye, and a knack of buying cheap, and you have to have a reputation. My mother used to produce a lot of ponies for sale, she'd have me and my sisters show them and by the time we got them winning they were sold for a lot more than they cost.

    Of course money can be made in selling horses, if it couldn't be there would be no dealers, but be under no illusion - it is hard work and unless you are a very skilled rider, with a very good eye for a horse and a reputation for producing very nice young horses, you're unlikely to be able to fund yourself without another income.

  • My step dad fed our family like this... until he got kicked in the head and suffered a brain injury that put him at the same level as about a 9 year old. You can say it wouldn't happen to you, but he was 58 and had trained horses his entire life.

    I made a living buying, training, and selling for 3 or 4 years when I graduated high school... a minor head injury and a broken shoulder scared me enough to find a new career choice. The colt I was riding snapped (not sure why), jumped a steel gate and caught a leg on the way over- didn't break anything but a bunch of stitches, and a bunch of muscle damage... not to mention a huge loss on a really good looking horse with the ability to throw a fit from hell over seemingly nothing. End of my horse trading career.

    Some people get away without getting hurt, but they are few and far between... Having made a living off horses the better part of my life(one way or another), I recommend a different career path and calling your horses a hobby- that way you actually have some money to spend on them, AND they are still fun. It's not near as fun when you're relying on them to put food on your plate.

    Source(s): Experience.
  • Go Big
    Lv 6
    9 years ago

    My boyfriend does this with cars.

    Finds a good deal, cleans it up, takes good pictures and makes a huge profit.

    Horses though, are a little more risky. They can go lame, they can get sick, they can ____________ (fill in the blank.) At some point, you are going to get burned. You really can't be bringing in $1000's and $1000's of dollars, so even a small mess up is going to cost you. No one ever said it's "impossible" to make money on horses, but it is very, very, very difficult.

  • Anonymous
    9 years ago

    The only way to guarantee yourself a profit is to open a horse rescue right beside a meat packing plant. So people will donate horses to you for free with the promise that you'll take care of them. And then you'll take care of them by selling them to the meat packing plant next door.

    My ex-wife's brother Ron made over $10,000 in a month doing that.

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  • Ducky
    Lv 7
    9 years ago

    You can sell some horse on the side, but i'd be very careful in making it your main source of income. With the economy bad, and america having a high population of horses already, there isn't much financial safety.

  • 9 years ago

    I know people that "flip" horses and I thinks it's a good thing, where people lose money is over breeding.

  • 9 years ago

    Making money out of animals ? i dont think you have anything to be proud of , just goes to show how incapable you are of making money on your own . Get an education , spare the horses .

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