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by trollbridge 26 days ago
Well, you can't really just buy a beater car and park it in a garage. You have to perform maintenance on it, and the worst thing for a car is to just sit a long time.

A horse has the unique feature that it can create more horses, which is something a car doesn't do. Horses are also unique in being an appreciating asset, which cars are most definitely not.

1 comments

>Horses are also unique in being an appreciating asset

Anyone have a chart showing horse value over time? I'd think there would be a pretty sharp drop in value at around the 30 year mark.

Since they reproduce, the total value goes up.

In addition a prized stallion continues to produce value long after he’s dead due to AI.

I regret not getting a horse from a certain guy when I had a chance. His stud fees are now in the five-figures. Prices at the horse progress often hit six figures.