December 8, 2006 – Here’s a short casual Friday post. As sure as the sun will rise tomorrow, all toy stores will suffer a shortage of the most popular toys that your children will have asked for come Christmas, Chanukah, Kwanzaa, etc. This happens every single Holiday season. And for good reason. All toy stores know that if you’re a parent, that you’ve already promised to buy your kids the most popular toys this season. They also know if they happen to be “out-of-stock” of these popular toys, that you, the parent, will have to buy a substitute gift instead and STILL buy the popular toy once they re-stock the store with this toy after the holiday season. For the toy stores, this strategy ensures healthy post-holiday sales. If you don’t want to get conned into buying your kid two expensive toys this holiday season, especially one that you weren’t even planning on buying, then figure out a way to get your child to wait just as little bit longer as surely every “hot” toy will be available once again as soon as the holidays end.
On tap for next week: Investment Psychology, How Technology is Changing the Investment Game, and more.