Watch out for the Laws of Substitution
December 8th, 2006
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.
Entry Filed under: Wealth Literacy











1 Comment Add your own
1. The Zen of Investing - Sm&hellip | December 18th, 2006 at 8:34 pm
[…] It’s that time of the year when holidays are upon us, which translates into toy shortages and unpredictable market behavior in individual stocks. Because so many people take time off from work during the holidays, every holiday season, daily trading volume versus the average three-month daily trading volume for most stocks falls sharply lower. This means that just as the gift shopper is at the mercy of the seasonal toy store switch-and-bait marketing strategy , the stock shopper is at the mercy of huge institutions stepping in and dictating the price movements of individual stocks. So take a break from your normal buying in blue chip stocks. Over the next couple of weeks, a great buying opportunity for an asset class or two seems to be setting up right now, but as far as blue chips? Hang up the “Gone Fishing” sign. Tags: |contrarian investing, free stock advice how to build wealth| […]
Leave a Comment
Trackback this post | Subscribe to the comments via RSS Feed