10 Items You Should Be Buying in February
NEW YORK (MainStreet) -- If you're in the market to make a purchase -- whether it's clothing, a bicycle or even electronics -- there is an ideal time of the year to buy to ensure you get the best deal.
We polled the experts to find which items are best to buy right now.
1. Winter clothes
During the middle of winter, chances are you already have the outerwear you need for the rest of the season. But if you think you'll need a new coat for next year's winter, the time to make this purchase is now."In February, retailers still have substantial stock on their shelves -- both online and in store. However, now the stores will clear the winter clothes to make room for the upcoming spring inventory," said Jon Lal, founder of BeFrugal.com. To move the inventory and clear the shelves faster, stores use February as a time to offer discounts. 2. Electronics February is also prime time to make that big-ticket electronic purchase. "For plenty of consumer electronics, the product cycle runs around the Consumer Electronics Show in January, and availability of those new products is in the months following. As a result, retailers need to clear out the current inventory to make room for the new items," Lal says. As with outerwear, the electronics sitting on the shelves now will need to be discounted to make room for items from CES. 3. Furniture Whether you're furnishing a new home or just one room, this is undoubtedly a major expense. Making this purchase in February is bound to save you some money. "Furniture manufacturers tend to roll out new designs in the spring. In February the retailers will be making room for newer models, hence why we'll see more deals," Lal says. 4. Spa treatments On Super Bowl Sunday, more than 100 million people will be glued to their televisions watching the game. If that's not up your alley, think about some Super Bowl alternative activities, such as heading to the spa. "It's a slow day for spas, so they'll offer an incentive or bargain. Simply call up the spa and see if there are any discounts for the day as a way to attract more customers," says Jeanette Pavini, a Coupons.com savings expert.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV