approx 10k to spend on a yearling..........

buy a share in a 60k one.

There is value out there if you want something to run early next year then go for a fast stallion who is well bred see if you can find one with a good broodmare sire behind the dam of the yearling,a stallion who has some very nice 1st yearlings this year is Misu Bond a son of champion sire Danehill Dancer,you may get some in your price range then send it to a trainer who does well with 2 y'olds,if you are lucky and you have a winner you could then if you want to sell the horse at the Horses in training sale next year,good luck in your search.Don't fall into the trap of spending more than you can afford,60k is a hell of a lot of money and a lot to loose I can think of many very expensive yearlings who have done nothing at all when asked,plenty of cheapies can and do earn success on the racecourse.

ty men.

trainer does well with  2 year olds.

and the point of taking a share in a horse,  its a bit more of a gaurantee of a winner but i like the idea of owning your own horse.

how do you approach a trainer in respect of trying to make the process pay, can you ask up front about info in realtion to other horses? if you like a bet.

Do your homework on the stallions. Fashion is bollocks and you will actually be able to spend less and get more by steering well clear. Don't go 1st season sire as most are useless and the produce will have a hot hot hot premium. Proven but a little dull is where the value always is.

I would do plenty of homework on the dam side close up.  Just because she or her offspring were winners doesn't necessarily mean they were any good.  Go through their ratings and races as well.  The dam may be a non-winner through no fault of her own but may be rated in the 90s.  Then I would look at her produce record.  If she throws winners to anything then all to the good but she may have been to underperforming stallions and this produce may be to a better stallion.  Take a tip from the Hannon's too and look at the horse as an individual.  He/she may not have the pedigree you were after but may look to you like an equine Usain Bolt - if the horse looks like it can run (and remember the walk is a four time gait as is the gallop)it probably can.  I try to look at horses from the far side of the sales paddock so I can get a good outline of them walking.  Its also important to dismiss those with conformation negatives that could well impact on the horse due to training although it does depend on your trainer.  And some horses (like Attraction) can cope admirably well despite their obvious flaws.
Good luck - I love buying yearlings - such a lottery but alot of fun trying!

This is my simple equation for buying a yearling under 10K;

PROVEN WINNING SIRE +  WINNING DAM WHO HAS PRODUCED SEVERAL WINNERS WILL PRODUCE A YEARLING (WITH REASONABLY GOOD CONFORMATION) WHO HAS AN OUTSTANDING CHANCE OF WINNING RACES.

I have highlighted a few examples of this theory from the Goffs Sportsmans sale 2008.
They are all winners except for Blanket Signal who is entered for its first run on Sunday.
   
Tukitinyasok, B, C, y, Fath — Mevlana (Red Sunset)
From Newlands House Stud
EUR 5,500
   
Lyle Lady, CH, F, y, Traditionally — My Funny Valentine (Mukaddamah)
From Ballylinch Stud
EUR 4,000
David McConnell
Trainer    John C McConnell
Owner    Lyle House Syndicate
Breeder    Ann & Joe Hallinan
   
Oondiri, B, F, y, Trans Island — Nullarbor (Green Desert)
From Newlands House Stud
EUR 4,000
Tim Easterby
Trainer    T D Easterby
Owner    C H Stevens

This one below is entered in Dundalk on the 5/9/10 (first run)
   
[b]Blanket SignaL[/b], B, F, y, Desert Style — Sopran Marida (Darshaan)
From Broguestown Stud
EUR 5,000
Vendor
Interactive Pedigree
Trainer    W McCreery
Owner    Mrs Amanda McCreery
   
[b]Prince Of Vasa[/b], B, C, y, Kheleyf — Suzy Street (Dancing Dissident)
A Partnership from Rathbarry Stud (Agent)
EUR 5,000
Con Marnane
Interactive Pedigree
Trainer    Michael Smith
Owner    June Grier Racing
Breeder    E O'Gorman