The fact that you like horses is good reason to buy one. But it is not enough when it comes to investing on racehorses. You need to be very careful on the breed you choose since it can affect your investment and income to a great extent. The following information will be useful for beginners who are looking to make such an investment. Cost analysis Ensure that you can afford this investment on the long-term. Remember that the spending goes on even after the initial payments. You have to pay for the maintenance of the horse as well for its wellbeing. Calculate your monthly expenditure and see whether this investment…