1. A combined bed and exercise apparatus comprising, in combination:
a frame means adapted to be firmly fixed in place to a floor;
a bed having a head portion, a foot portion, two side edges and an upper surface;
a hinge fixed to said frame means and pivotally supporting one end of said bed above said frame means such that said bed is pivotable between a vertical position and a horizontal position, said bed being positioned over a bed space in said horizontal position; and,
excercise equipment immovably fixed in place on said frame means and immovably secured on said floor within said bed space and collapsible for accommodation and concealment thereof beneath said bed when in its horizontal position, said exercise equipment being exposed in its fixed position on the said fixed frame means, when said bed is in said vertical position, to thereby enable normal usage of the so exposed said exercise equipment.