Tuesday, November 01, 2005

Leave to Appeal entered Wednesday

Leave to Appeal is the most recent claim from a partnership I've been in for about a year. There are nearly 40 partners which makes it a bit impersonal, in that you don't get the access you would as an outright owner, or in a small self directed partnership. The advantage is someone else handles all the bills, you can get in for a very small investment--just a few hundred dollars--and this one is structured such that all fees are paid out of the initial investment and the assets, if any, are liquidated after the term of the partnership elapses.

We claimed her for $6,250 so we're stepping up quite a bit, but Armando's pretty high on her and she has some back class.

2 comments:

Ruben Bailey said...

NICE WORK BRAD!! A $30 horse...too bad I am in Seattle on business and couldn't get to an OTB...did you make the winner's circle photo?
Welcome to the TBA.

t said...

F'shizzle!

Didn't cash, though.
-tbb