TIMING LARGE TICKET BUYS
For those large ticket items like automobiles and appliances, plan your purchase at month end, better at the end of a quarter, and best at year end.
Companies that have shareholders produce financial statements on a monthly, quarterly, and annual basis.
These earning reports affect investor sentiment that affects stock valuation.
If the report looks good, the stock price goes up.
If the report is less than expected, the stock price goes down.
By discounting prices, companies have been able to save a poor earnings report by inflating the sales volume.
We have purchased homes in the US at 20% discount on top of a price reduction (not recommended unless you know what you are doing) before the last quarter of the year.
Here is a quick 3-minute read on the Who, What, Where, When, Why of the earnings season.
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