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RE: Is it my imagination or

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Posted by: johnmartino at Thu Sep 25 15:21:36 2008   [ Email Message ] [ Show All Posts by johnmartino ]  
   

Let me start but saying i hope my post doesnt offend anyone and i will probably bounce around alot. i also do not wish to get into a big long post about market prices. What i will discuss is investment animals. We all know the economy is poor. You are lucky to get 2% interest on your accounts at your local bank and i know my 401k is actually down like 20% for the year. So lets get to boas. I dont think you need to sell an animal for what you paid for it to be successful. Let say you purchased an albino motley male last year for $8k(i know you are very upset right now) and you had a big normal girl just laying around, may be worth $150 or so. Just for arguments sake he breeds this year at 18 months. In the spring of 09' you produce 20 babies all het albinos, 10 of which are motleys. We are going to work with nice easy numbers. Lets say you sell them for $1k(we all hope they are much more than that). Thats 10k plus another couple of bucks for the normal hets. Now that alone is over a 10% profit on your investment over 2 years. And you still have the parents to breed again. Not bad in a market when i just lost 20% on my 401k. So i myself would consider that a successful investment. If i gave my broker $8,150 two years ago and he gave me $10k today i would be a happy man. Thats just my three cents.


   

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>> Next Message:  That is exactly right John except... - boaphile, Thu Sep 25 19:13:24 2008
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