Don’t Buy a Flat-Screen TV Today – Wait a Few Weeks

What's Hot


2 Types of Black Marks Might Vanish From Your Credit File SoonBorrow

6 Ways the Obamacare Overhaul Might Impact Your WalletInsurance

7 Dumb and Costly Moves Homebuyers MakeBorrow

This Free Software Brings Old Laptops Back to LifeMore

Obamacare Replacement Plan Gets ‘F’ Rating from Consumer ReportsFamily

Beware These 12 Common Money MistakesCredit & Debt

21 Restaurants Offering Free Food Right NowSaving Money

17 Ways to Have More Fun for Less MoneySave

House Hunters: Beware of These 6 Mortgage MistakesBorrow

30 Household Uses for Baby OilSave

25 Ways to Spend Less on FoodMore

Nearly Half of Heart-Related Deaths Linked to These 10 Foods and IngredientsFamily

5 Surprising Benefits of Exercising Outdoors in WinterFamily

10 Ways to Save When You’re Making Minimum WageSave

Boost Your Credit Score Fast With These 7 MovesCredit & Debt

7 Painless Ways to Pay Off Your Mortgage Years EarlierBorrow

The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

The True Cost of Bad CreditCredit & Debt

10 Companies With the Best 401(k) PlansGrow

This Scam Now Tops ID Theft as the No. 2 Consumer ComplaintFamily

6 Stores With Awesome Reward ProgramsFamily

6 Ways to Save More at Lowe’s and The Home DepotSave

6 Healthful Treats for Your DogFamily

New Study Ranks the Best States in the U.S.Family

Thousands of Millionaires Moving to 1 Country — and Leaving AnotherGrow

Strapped for College Costs? How to Get the Most From FAFSABorrow

6 Overlooked Ways to Save at Chick-fil-AFamily

Ask Stacy: What’s the Fastest Way to Pay Off My Mortgage?Borrow

Where to Sell Your Stuff for Top DollarAround The House

8 Ways to Get a Good Price on a Shiny New AutoCars

Ask Stacy: How Do I Start Over?Credit & Debt

Secret Cell Plans: Savings Verizon, AT&T, T-Mobile and Sprint Don’t Want You to Know AboutFamily

30 Awesome Things to Do in RetirementCollege

14 Super Smart Ways to Save on TravelSave

The Rich Prefer Modest Cars — Should You Join Them?Cars

You’ll Soon Pay More to Shop at CostcoSave

10 Ways to Save When Your Teen Starts DrivingFamily

Here's some financial advice: You can't time the stock market, but you can time the flat-screen TV market. We'll tell you just the right moment to invest in the latest tech – and save hundreds.

Their screens may be flat, but their prices aren’t going to be in a just a few weeks. Come Black Friday, expect the cost of flat-screen TVs to drop significantly.

As I mention in the video above, there’s a glut of fat-screen TVs, and retailers will most likely shed that excess inventory starting on Black Friday – that ultra-shopping adventure that starts the day after Thanksgiving.

“North America LCD TV sales have been weak in 2010 so far,” says Paul Gagnon, a director for market research firm DisplaySearch. Sales, he says, are down 3 percent from last year. Why? Because of those old standbys, “high unemployment and a weak housing market” that have “pushed consumers to the sidelines as they wait for the economy to improve, prices to fall further, or both.”

The economy may not improve by this holiday season but prices should, predicts iSuppli, another research firm. The company estimates the average 32-inch LCD TV will cost $250-$300 this holiday season, with sale prices of $200 possible. Today, that 32-inch LCD TV is going for $350-$400. The cheapest name-brand model – the Emerson’s LC320EMX – will set you back $310.

Why the price cuts? A simple case of economic miscalculation. Expecting the new technology to take off, flat-screen manufacturers started building new facilities, banking on the fact that even in recession, Americans would gobble up the latest tech. (Hey, it’s worked for the iPad and iPhone.)

“The boom in capital expenditures – all designed to expand LCD panel production capacity – came in the wake of expected strong demand among consumers for larger-sized LCD TVs,” says Sweta Dash, the senior director for LCD research at iSuppli. “However, the increase has put LCD panel production in overdrive, contributing to an excess in panel supply.”

But even as supply started exceeding demand, retailers didn’t slash prices – they thought this summer’s World Cup tournament would have compelled soccer fans to buy new TV sets, but it didn’t happen. When they finally do so this holiday season, it may be the last time for some time. Both companies, iSuppli and DisplaySearch, predict a “pent-up demand” for flat-screen TVs, and once consumers start buying, prices could rise again. So this may be the season to try to fit a 32-inch flat-screen underneath the Christmas tree…

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: What You Should Do — and Not Do — When Meeting a New Dog

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 2,026 more deals!