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Future fortunes worth the price?

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Last activity 2018-01-18 4:03 PM
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moeman17
Reg. Oct 2010
Posted 2017-01-26 3:28 PM
Subject: Future fortunes worth the price?




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Just wondering what the real benefits are for pay the extra money for a ff prospect vs paying less for one that isn't?
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Whiteboy
Reg. Jul 2012
Posted 2017-01-26 3:39 PM
Subject: RE: Future fortunes worth the price?


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What is the price difference you are seeing?
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Jenbabe
Reg. Jul 2006
Posted 2017-01-26 3:48 PM
Subject: RE: Future fortunes worth the price?



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I can't say that I would pay more for a FF horse, or that they actually have more value. It costs $150 to enroll them if paid in full as a weanling. But I think that it does help with marketability. If I'm looking at two similar horses and one is FF and the other isn't, I do think I would lean more towards the FF horse because of resale. Over the years I've had people contact me looking specifically for prospects that were FF.
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StillRiding
Reg. Sep 2004
Posted 2017-01-26 6:22 PM
Subject: RE: Future fortunes worth the price?




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PLEASE PLEASE breeders if you breed to a FF stallion, invest the extra $150 to pay them in full and do not wait until they are 2 and sell them as Future Fortunes Eligable.  I am not sure on the rates to pay them in but I am pretty sure at 3 it costs $2500.00 I own  a future fortunes elgable that I bought at three and it is cost prohibitive to pay her in.  I have had several future fortune horses and have won quite a bit of money with them. It is certainly worth the $150.00 but maybe not the $2500.00
 
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Mis_Trev
Reg. Jan 2014
Posted 2017-01-27 11:00 AM
Subject: RE: Future fortunes worth the price?


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I am pretty sure I read on the Future Fortunes FB page (when they were discussing doing away with the waiting list) that in 2018 it will be the 15th Birthday for Future Fortunes... any horse sired by a FF stallion can enroll for $500.  Here is a reply to a post I found on Jan 4th from FF: 
Future Fortunes Inc. New Stallion prodigy are always $200. In 2018, our 15th Birthday, any horse sired by a FF Stallion can enroll for $500
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casualdust07
Reg. Mar 2005
Posted 2017-01-27 1:40 PM
Subject: RE: Future fortunes worth the price?



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I don't think you pay extra money for FF babies... the benefit is if you enter events with FF money added, its a side pot you're entered in without paying an entry fee on it.

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Gator Bug
Reg. Oct 2003
Posted 2017-01-27 2:06 PM
Subject: RE: Future fortunes worth the price?


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casualdust07 - 2017-01-27 1:40 PM I don't think you pay extra money for FF babies... the benefit is if you enter events with FF money added, its a side pot you're entered in without paying an entry fee on it.

The FF babies have to be enrolled. If you enroll as a weanling it is probably $150. However, the later you enroll, the more expensive it is. As a 2YO to enroll, it was $1,500. So, it does make sense for the breeder to enroll or if you buy that early to enroll as well. It really doesn't make sense to enroll after the 2YO year. But you do have to enroll/nominate...it is not just a stallion side pot that breeders put up.  
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casualdust07
Reg. Mar 2005
Posted 2017-01-27 2:23 PM
Subject: RE: Future fortunes worth the price?



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Gator Bug - 2017-01-27 2:06 PM

casualdust07 - 2017-01-27 1:40 PM I don't think you pay extra money for FF babies... the benefit is if you enter events with FF money added, its a side pot you're entered in without paying an entry fee on it.

The FF babies have to be enrolled. If you enroll as a weanling it is probably $150. However, the later you enroll, the more expensive it is. As a 2YO to enroll, it was $1,500. So, it does make sense for the breeder to enroll or if you buy that early to enroll as well. It really doesn't make sense to enroll after the 2YO year. But you do have to enroll/nominate...it is not just a stallion side pot that breeders put up. Β 

I know how Future Fortunes works and I enroll all my eligible babies in as weanlings myself to ensure they get paid in versus having the buyer pay them in and risk it not getting done. What I meant in my reply was, when I have sold babies that have been enrolled in FF versus ones who's sires werent in FF, having them in FF didnt make my sale go any faster or make my sale price increase any. The market is what it is and they both sold around the same age for around the same price. The benefit for me personally as a breeder was not the fact I got higher asking prices for them, but that I will hopefully get paid back when they compete. That's the point I was trying to make.


And in regards to my side pot comment... That is how the Future Fortunes events pay out. If you've paid your foal in as a weanling, they are eligible for extra money at those selected races with no additional entry fee just by being in Future Fortunes.

Edited by casualdust07 2017-01-27 2:28 PM
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Gator Bug
Reg. Oct 2003
Posted 2017-01-27 3:04 PM
Subject: RE: Future fortunes worth the price?


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casualdust07 - 2017-01-27 2:23 PM
Gator Bug - 2017-01-27 2:06 PM
casualdust07 - 2017-01-27 1:40 PM I don't think you pay extra money for FF babies... the benefit is if you enter events with FF money added, its a side pot you're entered in without paying an entry fee on it.
The FF babies have to be enrolled. If you enroll as a weanling it is probably $150. However, the later you enroll, the more expensive it is. As a 2YO to enroll, it was $1,500. So, it does make sense for the breeder to enroll or if you buy that early to enroll as well. It really doesn't make sense to enroll after the 2YO year. But you do have to enroll/nominate...it is not just a stallion side pot that breeders put up.  
I know how Future Fortunes works and I enroll all my eligible babies in as weanlings myself to ensure they get paid in versus having the buyer pay them in and risk it not getting done. What I meant in my reply was, when I have sold babies that have been enrolled in FF versus ones who's sires werent in FF, having them in FF didnt make my sale go any faster or make my sale price increase any. The market is what it is and they both sold around the same age for around the same price. The benefit for me personally as a breeder was not the fact I got higher asking prices for them, but that I will hopefully get paid back when they compete. That's the point I was trying to make. And in regards to my side pot comment... That is how the Future Fortunes events pay out. If you've paid your foal in as a weanling, they are eligible for extra money at those selected races with no additional entry fee just by being in Future Fortunes.

It is extremely beneficial for the breeder/or buyer to enroll them as a weanling for $150. I think all breeders should do it for that price. However, if the breeder does not and a person buys a 2YO for $3,500 it doesn't make sense to pay $1,500-2,500 to enroll them. I have purchased both ways (as an early yearling and then as a 2YO - both FF eligible) I only enrolled the yearling. I was on board with FF in the first year or two. That's the program and I'm fine with it. I just think if a stallion is enrolled, the breeder should do it. It would definitely help a sale that way. However, as a 2YO to be enrolled after a purchase is not that beneficial. I hope I'm saying it the right way. 
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gunner07
Reg. Jun 2011
Posted 2017-01-27 7:01 PM
Subject: RE: Future fortunes worth the price?



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Mis_Trev - 2017-01-27 11:00 AM

I am pretty sure I read on the Future Fortunes FB page (when they were discussing doing away with the waiting list) that in 2018 it will be the 15th Birthday for Future Fortunes... any horse sired by a FF stallion can enroll for $500. Β Here is a reply to a post I found on Jan 4th from FF:Β 
Future Fortunes Inc.Β New Stallion prodigy are always $200. In 2018, our 15th Birthday, any horse sired by a FF Stallion can enroll for $500

I wish 2018 would hurry the $%@* up then!!
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Runnin < C >
Reg. Aug 2006
Posted 2017-01-28 8:13 AM
Subject: RE: Future fortunes worth the price?



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 Not sure I would pay "more" -- but we simply just wont buy one that is NOT future fortunes enrolled ...
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cheryl makofka
Reg. Jan 2011
Posted 2017-01-28 10:11 AM
Subject: RE: Future fortunes worth the price?


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The way I see it is Futures Fortunes increases the prospective buyers, as there are some people that will only look at Futures Fortunes enrolled horses. Yes you may have be able to ask a little more, now with Futures Fortunes opening up the stallion registry to everyone, I think prices will come down on futures fortunes horses.
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jschipper
Reg. Feb 2010
Posted 2017-01-29 9:50 PM
Subject: RE: Future fortunes worth the price?



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cheryl makofka - 2017-01-28 8:11 AM

The way I see it is Futures Fortunes increases the prospective buyers, as there are some people that will only look at Futures Fortunes enrolled horses. Yes you may have be able to ask a little more, now with Futures Fortunes opening up the stallion registry to everyone, I think prices will come down on futures fortunes horses.

I'm going to have to disagree. I don't think opening up the books will bring down the price or 'prestige' if you will of ff babies simply because there will always be those owners that don't pay into it. I'm one of them. I was super new to the concept of ff when Sirocco first became an ff sure and didn't pay my colt in. I never could have afforded to pay him in as a 4 year old if not for freshman sure price of $200.
It's kind of like the Canadian superstakes. Even if those books were open, ss foals would still sell higher. Yes I realize ss foals are limited per stallion per year but still, ff will remain prestigious and increase value to a degree. Imo anyway.

Edited by jschipper 2017-01-29 9:52 PM
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streakysox
Reg. Jul 2008
Posted 2017-01-29 10:00 PM
Subject: RE: Future fortunes worth the price?



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casualdust07 - 2017-01-27 2:23 PM

Gator Bug - 2017-01-27 2:06 PM

casualdust07 - 2017-01-27 1:40 PM I don't think you pay extra money for FF babies... the benefit is if you enter events with FF money added, its a side pot you're entered in without paying an entry fee on it.

The FF babies have to be enrolled. If you enroll as a weanling it is probably $150. However, the later you enroll, the more expensive it is. As a 2YO to enroll, it was $1,500. So, it does make sense for the breeder to enroll or if you buy that early to enroll as well. It really doesn't make sense to enroll after the 2YO year. But you do have to enroll/nominate...it is not just a stallion side pot that breeders put up. Β 

I know how Future Fortunes works and I enroll all my eligible babies in as weanlings myself to ensure they get paid in versus having the buyer pay them in and risk it not getting done. What I meant in my reply was, when I have sold babies that have been enrolled in FF versus ones who's sires werent in FF, having them in FF didnt make my sale go any faster or make my sale price increase any. The market is what it is and they both sold around the same age for around the same price. The benefit for me personally as a breeder was not the fact I got higher asking prices for them, but that I will hopefully get paid back when they compete. That's the point I was trying to make.


And in regards to my side pot comment... That is how the Future Fortunes events pay out. If you've paid your foal in as a weanling, they are eligible for extra money at those selected races with no additional entry fee just by being in Future Fortunes.





Casualdust is correct about all above.




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perfectturns
Reg. Aug 2009
Posted 2017-01-29 10:28 PM
Subject: RE: Future fortunes worth the price?



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FF is pretty neat... my mom is my horses breeder and between the two of us my horse brought home $1600 in Future Fortunes in 3 shows. Pretty good return on a $150 investment
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Mis_Trev
Reg. Jan 2014
Posted 2017-01-30 11:07 AM
Subject: RE: Future fortunes worth the price?


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gunner07 - 2017-01-27 6:01 PM
Mis_Trev - 2017-01-27 11:00 AM I am pretty sure I read on the Future Fortunes FB page (when they were discussing doing away with the waiting list) that in 2018 it will be the 15th Birthday for Future Fortunes... any horse sired by a FF stallion can enroll for $500.  Here is a reply to a post I found on Jan 4th from FF: 

Future Fortunes Inc. New Stallion prodigy are always $200. In 2018, our 15th Birthday, any horse sired by a FF Stallion can enroll for $500
I wish 2018 would hurry the $%@* up then!!

LOL - I have a few friends that are right there with you!   
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Runninbay
Reg. Sep 2004
Posted 2017-01-30 11:18 AM
Subject: RE: Future fortunes worth the price?



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Mis_Trev - 2017-01-27 12:00 PM I am pretty sure I read on the Future Fortunes FB page (when they were discussing doing away with the waiting list) that in 2018 it will be the 15th Birthday for Future Fortunes... any horse sired by a FF stallion can enroll for $500.  Here is a reply to a post I found on Jan 4th from FF: 

Future Fortunes Inc. New Stallion prodigy are always $200. In 2018, our 15th Birthday, any horse sired by a FF Stallion can enroll for $500

Oh this is exciting! I procrastinated too long and missed enrolling mine. She will only be 4 next year though so I will definitely enroll her for that price! 
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bluerose2001
Reg. Mar 2009
Posted 2017-01-31 11:50 PM
Subject: RE: Future fortunes worth the price?



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I always wanted a future fortunes horse...been casually looking for a diamond in the rough I could afford. This past year in December I got lucky. A mare I had raised became eligible. Her sire was accepted in 2016 and because I was sleep deprived with a newborn, I hadn't googled the sire in a while to see what he was up to. It was super close to the deadline. Literally the day I found out about it, I priority mailed her application and paperwork in with a check. She is good to go now and actually off to get some real riding time in April.  
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cheryl makofka
Reg. Jan 2011
Posted 2017-02-01 7:56 AM
Subject: RE: Future fortunes worth the price?


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jschipper - 2017-01-29 9:50 PM

cheryl makofka - 2017-01-28 8:11 AM

The way I see it is Futures Fortunes increases the prospective buyers, as there are some people that will only look at Futures Fortunes enrolled horses. Yes you may have be able to ask a little more, now with Futures Fortunes opening up the stallion registry to everyone, I think prices will come down on futures fortunes horses.

I'm going to have to disagree. I don't think opening up the books will bring down the price or 'prestige' if you will of ff babies simply because there will always be those owners that don't pay into it. I'm one of them. I was super new to the concept of ff when Sirocco first became an ff sure and didn't pay my colt in. I never could have afforded to pay him in as a 4 year old if not for freshman sure price of $200.
It's kind of like the Canadian superstakes. Even if those books were open, ss foals would still sell higher. Yes I realize ss foals are limited per stallion per year but still, ff will remain prestigious and increase value to a degree. Imo anyway.

You talk about the Canadian superstakes, in the past two years the prices of the superstakes foals has dropped unless you have the "fad" foal. It could do with the economy, and if could do with there being a lot of superstakes horses available. I have heard from a few CBHI stallion owners who say the market is now flooded with superstakes foals and they can't sell theirs.
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rockinas
Reg. Sep 2003
Posted 2017-02-01 2:15 PM
Subject: RE: Future fortunes worth the price?



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It's been worth it for me as a breeder, to sell breedings for my stallion and also for selling foals.
And as a buyer, I tend to buy fillies that are either enrolled or can be FF enrolled, to run myself and eventually put into our breeding program.   
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