This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Things You Spend On, Then Never Use

Exercise equipment
In basements all across suburbia one can find the most expensive clothes racks ever produced. You'll find winter coats on rowing machines, dry cleaning slung over Soloflex gear and holiday tablecloths folded on the steps of a Stairmaster.

Last year the Sporting Goods Manufacturers Association estimated that exercise equipment was on track to be a $4.4 billion business, with treadmill sales accounting for nearly 25% of the category. After treadmills, the next two largest fitness categories were elliptical machines ($913 million in sales) and exercise cycles ($442 million). Consumer/retail spending for exercise equipment accounts for nearly 80% of the entire exercise equipment category.

That's an awful lot of money spent on equipment that, for many, will be forgotten with New Year's resolutions. A study some years ago in the Journal of Clinical Psychology showed 25% of New Year's resolutions -- with better exercise habits being among the most common -- don't make it past the first week, and 54% fail after six months. That sounds like $2.2 billion wasted on exercise equipment each year. How much was yours?

2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AMZN $488.18 -2.80%
DPS $89.01 -0.38%
SBUX $54.14 -0.64%
SWY $35.10 -0.11%
WSM $52.61 0.84%


Chart of I:DJI
DOW 16,027.05 -177.92 -1.10%
S&P 500 1,853.44 -26.61 -1.42%
NASDAQ 4,283.7530 -79.3910 -1.82%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs