In the next while, I may be coming into an extra income. This income basically equates into full board (plus farrier, shots etc) at a decent stable. I am planning to save up ahead to have $5000 towards a horse, $1000 towards blankets, a bridle, halters etc (I already have a saddle & pads), and $2000 for emergency vet bills. I work full time but after 6pm every day I am free, and on weekends. I already spend all the free time I can with horses.
With my experience, am I ready to buy a horse? If so, what kind of horse should I look for (age, experience etc)?
I started riding English when I was 5, but rode here and there with gaps in between, then through my teenage years I basically stopped. I am now getting back into riding and have been half-leasing two dead broke horses for about 3 months. I can w/t/c (never galloped), have a decent seat, and know how to react in bad situations (bucking, bolting, kicking, snarling at other horses etc) I have never been on a rearing horse, stallion, or worked with an unbroke horse.
I know how to act around horses, how to catch a difficult horse, how to react to a nasty horse and how to spot basic health issues. I know when to stop what I'm doing and when to hold on.
I tend to like horses that want to go fast instead of slowly plod along. I like horses that are friendly, I love arabians and I prefer mares. I ride English but dabble in western - I could live without it, though. My ultimate goal is to one day compete in endurance races, but I want a trail horse who I can work with in the arena. I'd also love to try dabbling in some amateur dressage, halter and maybe even reining competitions but I don't care about winning. I'd also love to work with the horse a bit, maybe learn some new things, work through some minor issues.
So, am I ready to get a horse?