Originally Posted by Downthestretch55

I'm an owner and breeder.
1) I got into it when I bought a 2yo colt that a guy could no longer afford.
as part of the deal, I also bought the dam. I now have six of various ages.
2) The most rewarding, to me, is seeing the new foal get to its legs and nurse. The races, much later down the road, are plenty thrilling.
3) Ah..risk. Just my advice, if you have partners, chose them very carefully.
4) Advice? It would take a book to give it all. If you love being around horses you'll have plenty of fun. Take the "highs" with the "lows" as there are lots of both, like anything else in life.