For Great Deals, The Best Time To Buy Is After The Holidays
b'With Andrea Browne, Online Editor at Kiplinger.com
Although the Christmas shopping season is almost over, Andrea Browne believes it\\u2019s not the end of the best times to buy things, and tells us that we could still score some pretty juicy year-end deals.
She starts by telling us not to get taken in by all the aggressive deals in the run up to Christmas. Instead \\xa0we should\\xa0 hold off until after Christmas \\u2013 perhaps the best time to buy - when a lot of good deals get even better, as retailers look at clearing out their inventories. For example, retailers know that families often get together over the holiday season and may be looking to buy bedding items \\u2013 sheets, pillowcases, comforters, etc. But hold off, because these items go on deep discount right after Christmas.
Another example is gift cards. \\xa0Because a lot of people procrastinate their gift buying, and then settle for gift cards as the easy way out, and they often buy more gift cards than they need. Then \\xa0after Christmas, they hop online to sell their extra gift cards for 15% off or more, at sites such as CardPool.com and CardCash.com. \\xa0So that\\u2019s virtually cash sitting on the table.
Another obvious item is exercise equipment. Generally people set their fitness goals before the New Year and don\\u2019t want to miss out on the great bargains. Well, retailers know there is this seasonal pre-New Year demand, and so they offer incredible deals around Thanksgiving and early December. But, the best time to buy, again, is after Christmas \\u2013 more specifically, after New Year when exercise equipment gets discounted by about 50%.
Cruise operators also cash in during the holiday season, so January through March is often a better time to go on a cruise. Andrea lays out many other ideas on how people can save a lot more by simply holding off until the demand dies down \\u2013 kinda like Warren Buffett\\u2019s approach to buying stocks!'