Forget stocks, invest in washing machines

We all know 2008 was a bad year for the stock market. Down, down, down it fell. Well, just like everyone in those infomercials, I have a new sure-fire way of avoiding this downturn and generating a 50% profit: washing machines!

In 2007, I bought a used washer/dryer set for 60 bucks and today I flipped it for $90! That is an unbelievable profit of 50% considerably better than GM or AIG stock over the same period.

Washing machines are a fairly safe investment in these troubled times. Studies show that people wash their clothes consistently in spite of the US economy going to hell in a handbasket. If we look at the last 10 major recessions, clothes washing suffered a mere 5.3% drop while the markets were down on average 27.4%. Demand for clothes cleaning is currently at record levels in the smelly Silicon Valley.

Washing machines, while not offering an annual dividend, can generate create clean, wet clothes. The consume power however so investors should consult with their electricity advisers prior to investment.

As we all know, past results are not indicative of future returns and you can and may lose money! But these desperate times call for desperate measures, buy washing machines today!