Good topic! I'm enjoying the stories so I guess I'll share.
I've been breeding horses most of my life -- Arabians, then Peruvian Pasos, then after a bad riding accident (something I thought could never happen) the Appaloosa Minitures and Falabellas. The miniatures and Falabellas caught my heart, and I had up to 45 at one time -- breeding for 10-12 foals a year. Then the market began "tanking" so the breeding program was cut way back. Went through a couple of years only breeding for 1 or 2, and now the past couple of years, I've sold off most of my herd, and am down to 10. I still love my stallions and have an "equal" mix of stallions to mares, but 3 of the girls are in their 20's and "retired". Still would like to sell 3 young Falabella stallions, and get down to 7 just "keepers". Spotty, of course will never leave here, and maybe one year I'll breed for another "keeper" from him -- but we'll see.
I loved breeding and showing -- although I used trainers, as I couldn't leave here to show since it was "just me" taking care of everyone. And I had a good market for my babies, but when the economy crashed, my "feeder" business crashed, and my heart and body began letting me know it was "there" -- the time had come to face facts.
I get my "baby-fix" now by doing the Mare/Foal forum getting babies safely to the ground, and enjoy the "work" there. My LOVE has always been Pedigree research, and I've collected large albums of both the American minis and the Falabellas (have over 2700 pure Falabella pedigrees in my database.) So, even though I may not breed anymore, I still love the horses and love the research, so I'm content.