Poll Names Coin Laundries Best Investment For 2005

According to Morton Pollack, CEO of PWS, The Laundry Company and editor of the newsletter, "Historically, laundry owners have been a quiet group. Knowing they are onto a good thing, they've been pretty reticent. However, many now agree that it's time for respect to paid to this powerful investment vehicle and we hope the poll will play a part".

Coin Laundries have historically been a very attractive investment yielding strong returns regardless of the ups and downs of Wall Street and the economy. Deemed one of the top ten safest investments by the Small Business Administration and Dun and Bradstreet, neighborhood laundries offer a dependable ongoing 20 to 30% yearly return on cash invested, according to the Coin Laundry Association.

"Today's modern laundries are all cash, no inventory businesses that offer great tax benefits and require modest oversight," says Morton Pollack. "We believe they are the best part-time, investment venture available and their future looks even brighter. The demographics coin and card laundries serve are the fastest growing segments of the US population. With so many proven benefits, we weren't sure whether Laundry Center MarketWatch should name today's Card and Coin Laundries the Sexiest or Safest Investment for 2005. So, we are leaving it up to readers and the industry to vote for their choice via our free e-mail newsletter".

To learn more about the coin laundry industry, to receive your free subscription to Laundry Center MarketWatch and to register your vote as to whether Coin laundries should be named the Sexiest or Safest Investment for 2005, visit www. Laundrycenter.info or call 1 877-45 LAUNDRY.

Ilene Fudim is a nationally recognized expert in the coin operated laundry industry and a contributing editor to the Laundry Center Marketwatch newsletter. She has been instrumental in helping launch many successful coin laundry businesses.

---

Looking For a Safe Investment? Try a Certificate of Deposit

If you are looking for a safe investment and you... Read More

How To Start Investing For Financial Independence, Part 1

Today, I am going to start a multi-part series about... Read More

Wit and Wisdom on Money, Wall Street and Success - Part #1

I love to collect quotes as they concisely promote a... Read More

Just Say NO to Your Stock Broker

We have all heard that slogan that started back when... Read More

The Cost of Green Eggs and Ham

Young readers know that March 4th is the birthday of... Read More

Investing in Car Dealerships: Doing Your Homework

This article attempts to help give the investor a broader... Read More

Online Trading Options Strategies - Rolling

Rolling is defined in options online trading as moving a... Read More

Find a Methodology and Minimize Investment Madness

There are many reasons to be investing these days, and... Read More

Will a Falling Dollar Derail Your Plans for Retirement?

How much are you willing to pay for a tank... Read More

An Investment Real Estate Strategy Unknown To Most Is A Negative Amortization Loan

If you want to make the most of your personal... Read More

How to Use Annual Report

There are many steps in calculating the fair value of... Read More

Retirement Is A Scary Proposition If Youre Without A Plan, And Running Out Of Time

Of the 75 million baby boomers nearing retirement today, many... Read More

Investing Online Has Its Rewards: Find Out How To Take Advantage Of Them

Computerized investing. Online investing. Have you taken the next step... Read More

Gold and Silver Maple Leafs Get New Packaging

Gold Maple Leafs and Silver Maple Leafs are receiving packaging... Read More

Everybody Wants to Know How to Invest

Those unfamiliar with the process of making and managing investments... Read More

Creating a Financial Future--Putting Your Plan Into Action Part 2

Real Estate can be a useful tool for investing. The... Read More

Justify Social Security ... Dont Save for Retirement

It is a common question when investors review their retirement... Read More

Delist My Corporation Please

It use to be said that once a company was... Read More

Evaluating A Money Manager

Scams and frauds are designed to take your money through... Read More

Property Investment Just Got Exciting

There is an area in Brazil that has lower crime... Read More

Should You Put Your Annuity in an IRA?

Let me start by answering that question...if an annuity fits... Read More

What is an Investor Ready Business Plan

A Business Plan, as all good entrepreneurs starting out in... Read More

Just what is Arbitrage Investment?

In the simplest of terms, Arbitrage means to exploit price... Read More

Planning for Retirement

Almost without exception, people don't start planning for their retirement... Read More

The Difference Between Investing and Trading

Investing and Trading are not the same thing. The returns... Read More

IF - The Wonders of Investing

If it seems... Read More

Focus Your Investments on the Long Term

"All human power is a compound of time and patience!"... Read More

Learn How to Lose and Risk Management

One of the leading traders on Chicago Mercantile Exchange, because... Read More

Investing In Sons Business Could Cause A Real Family Feud

Q: My youngest son wants to borrow $5,000 to start... Read More

It?s Never too Early to Start Investing!

Remember the old saying, "never too late to start"? Well,... Read More

Useful Tips on Investing

Here are some useful tips on investing. When you make... Read More

The Realities Of Market Timing

Market timing systems are based on patterns of activity in... Read More

Asset Allocation Lessons: The 70% Inflation Solution

For investors only... and for speculators who need to invest... Read More