Investing in Candy after Halloween
Regardless, this next week is the best time of year to buy candy. After Halloween everyone has too much candy. Not only do all your kids have candy, but all the stores still have candy. The stores need to sell their candy, but they have to get rid of it quickly so they can start putting in the holiday merchandise.
The good news for us is the big stores operate in a very logical fashion when they have too much supply, very little demand, and need to make shelf space. They put it on sale, and then even more on sale and then even more on sale to get it off their shelves.
Take Walmart and Target - two of my favorite stores. Immediately after Halloween, all the Halloween candy will go on sale. Probably 50% off clearance, but you shouldn't buy any. This is for suckers.
Around Sunday it will probably be marked around 75% off, but you still shouldn't buy any candy. Finally at some point next week or so, these stores will mark the candy at 90% off!! That’s getting a $2.24 bag of candy for $0.22. This is when you should move in and buy your upcoming year's supply of candy - even candy to give out for next year's Halloween.
After all this is better than just about any stock investment you can make, depending on how self disciplined you are to use the candy when you would otherwise buy candy at full price. You can earn a 10x return on your investment in one year. Even if you buy twice as much candy than you would have otherwise purchased full price throughout the year you will still get a 5x return on your investment plus have twice the candy to enjoy.
Granted we are probably only talking about at most a $10-30 investment so this isn't going to make you a millionaire, but it should help you save a few extra bucks.
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