Buy this, not that, in February

4:48 AM, Feb 2, 2012   |    comments
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9NEWS Your Money Reporter Heidi McGuire has a snapshot of their findings.

Valentine's Day vs. Presidents' Day
These are two important holidays to have on your radar this February. Spending around the 14th for Valentine's Day, especially on common gifts like flowers, jewelry, and perfume will cost you. This time of year, demand is high for these products so retailers simply don't have incentives to offer deals. However, come the weekend of Feb. 20, leading up to Presidents' Day, the savings are predicted to be huge. Dealnews.com estimates shoppers will save up to 80 percent on items like, tools, apparel, furniture and bedding.

Electronics
For many gadgets, February marks the first month retailers start making room for new inventory following the Consumer Electronics Show in Las Vegas. If you're in the market for a GPS or new audio system, experts say buy now. Also, rumor has it the iPad3 could be out by the end of the month, and good telltale sign will be markdowns on the iPad2, so keep your eyes peeled for discounts on the popular Apple tablet.

Digital cameras
Dealnews.com looked back at pricing trends and found you're better off to wait until later in the year to buy a camera if you want to take advantage of the deepest discounts.

TVs
Go big for the most bang for your buck. That's the message for consumers looking for HDTVs this February. Particularly 55 inch and 60 inch name-brand LCDs. In January, prices on 55 inch LCDs hit $700, the lowest since the previous summer when Toshiba dropped to $559 for less than an hour. Dealnews.com says consumers can expect deals equal to that offered in January at $700 and if we're lucky, they might even drop.

To see the full list of Dealnews.com's The Best and Worst Things to buy in February, visit: http://dealnews.com/features/The-Best-and-Worst-Things-to-Buy-in-February/544336.html.

(KUSA-TV © 2012 Multimedia Holdings Corporation)

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