Black Friday: 10 items NOT to buy

(MoneyWatch) If you are one of the brave souls who will venture out on Black Friday (and the newer version, "Gray Thursday"), one of the best ways to save money is to not fall prey to retailers' seemingly "great deals." According to dealnews.com, not everything will be a good purchase on Black Friday. The site has compiled 10 items that are not worth buying this Black Friday.

1. Toys. Were you tempted by the "Toys-R-Us 2012 Holiday Hot Toy List"? Well, you may want to wait to buy that coveted Furby. Most retail experts say that without a "must-have" toy this season, many will see deep discounts within two weeks of Christmas.

2. Apple iPad mini. While there may be an iPad mini promotion out there, chances are the price will remain close to the current $329. Early adopters should be aware that the iPad mini is fairly close to the iPad 2, and that's the version that is likely to see a steep Black Friday discount.

3. Microsoft Surface RT Tablet. If you aren't an Apple fan boy or girl and wanted to give the new Microsoft Tablet, you may want to show a little restraint. If the new Surface sales are weak, the tablet's price could fall considerably by the spring.

4. Windows 8 PC. This item was not on the dealnews.com list, but ZDNet's Steven J. Vaughan-Nichols warns that "before you buy a new Windows 8 PC at any price you should keep in mind that many of your old applications aren't supported on Windows 8. Some older Windows applications, such as Quicken, aren't supported on Windows 8."

5. Jewelry and watches. The worst time to buy these items is the holiday season and Valentine's Day, when demand peaks. Deal News says this category should be on the "Do Not Buy List" for the entire holiday season. Save the purchase of these items for the spring and summer, when the best deals occur.

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    Jill Schlesinger, CFP®, is the Emmy-nominated, Business Analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and Chief Investment Officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.

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