There’s a right time to buy anything…
In my Retirement Millionaire newsletter, we strive to buy quality assets when they’re selling at bargain prices. But we don’t just stop at investments…
Loopholes in industries’ annual sales cycles, consumer trends, and sales all create windows of opportunity to buy everything – from big-ticket items to groceries – at bargain prices.
[ad#Google Adsense 336×280-IA]And in each Retirement Millionaire issue, we share a few of the best bargain opportunities for the coming month.
Today, I’m going to share the most useful items you can usually find on sale in March…
March is the best time to save on winter coats and sports gear as stores switch inventories to spring apparel.
Major retailers like Sports Authority and Target offer up to 65% off some items ranging from gloves to jackets to snowboards.
Clearance racks of last season’s stuff are even better (up to 80% off). I once bought a $100 Nike jacket (2009 season) for $20.
This month is also the best time to buy a snow blower if you’re looking to prepare for next winter. Major retailers, like Home Depot, start to fill their stores with spring and summer essentials this time of year. And bulky items like snow blowers take up space for new items. You can find discounts of up to 40% in many stores.
It’s also the best time of year to save on frozen foods. The National Frozen and Refrigerated Foods Association dubbed March “National Frozen Foods” month. The association will send a special insert in your local newspaper in March with coupons from participating brands (including Dole, Tyson, and Pepperidge Farms)… Just look for the insert in your Sunday paper and stock up on frozen foods.
Finally, March is a great time of year to get your gardening tools. Stores offer sales on items like garden shovels, racks, and hoes right before the gardening season gets into full swing. (Don’t forget… gardening is one of the easiest ways to follow my No. 2 best guideline to improve your health – movement. So get up and get moving in the garden.)
Just like your investments, you want to buy the things you need in everyday life at the lowest prices possible. Make sure you get good value for your dollar. Hunt for bargains. The more you save, the more you can compound your wealth through investments.
So, if you anticipate the need for any of the items listed above in the year ahead, now is a great time to buy them at a discount.
Here’s to our health, wealth, and a great retirement,
Dr. David Eifrig Jr.
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Source: Daily Wealth