Would you do this?!?!

[fmc123412]

I am with trying to answer a very difficult question. And I would appreciate if anybody gives me a good insight!

I am 24 yo, and I was offered to enter in a partnership on buying a race horse here in Brazil.

The horse is a claimer (this means, probably, that he will win nothing at all!).

Would you enter on this partnership if your monthly spents will be 10% of your salary?!!? The horse price is 20% of my monthly salary.

Assume that the horse is on good conditions and the trainer is not trying to sheat me!

Moreover, I intend to sell the horse in one year and buy an unraced colt/filly next year...this first year is just to get experienced.

Thank you!