I have been looking for ways to invest and make a little extra money while I'm here. Real Estate seems a little out of my reach...and has the potential to be downwardly volatile. An online business? Maybe, but there is alot of red tape for any business you set up here. Stocks? Possibly...I think things will bottom out soon. I could sell my Tundra...there is a potential for a little profit.
Anyway, after some looking around, I decided that my money would be better spent joining a Camel Racing Syndicate. Ok, when you get the tears of laughter out of your eyes, read on. Our class room instructor, Luke, was the instigator. He lives in Al Ain (think driving Columbus-Atlanta for work) which is a camel hotbed. He found 15 of us willing to part with 2500 dhms ($670) and with the help of a camel trainer, found and purchased our first camel, Sandy, for a little less than 20k dhms ($5400).
Sandy is a native Emarati camel (big plus) who has just started racing. His first race he finished 2nd; then in a tougher class finished 4th in his second race (our trainer also had the winner in this race). We have already been offered twice what we paid for the camel. Continued success should drive that price up.
It's not really a hands on syndicate yet. I haven't seen him race; don't know when he races, and I get alot of my info 2nd and third hand. We are hopeful of continued success and are investigating incorporating into a real business and we will have to decide on officers.
Anyway, stand by for more. Hopefully, I can get some pics of the young stud and maybe even see him race.
Saturday, February 7, 2009
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5 comments:
You're the jockey right?
I hear those camels can really hump it.
need the camels name so we can look for him/her
or what ever on the vegas books. what color are
your silks or rugs-what ever
dad
It took me a day or two to stop laughing but I could actually visualize you being the jockey. lol Im happy everything is working out for you. Good luck with the racing, but I think I will stick to Nascar...Go Jr #88. Josh may leave Nascar for Sandy tho. lol
No, I'm not the Jockey--that would be cruel, even by middle eastern standards. We do have a little 4' nothin Irrish guy at work--we just load him up with guiness and he's good to go. Camel's name is 'Sandy'...Dusty probably would have been more accurate.
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