Black Friday is coming - here are the 5 best things to buy and 6 things you should skip

Black Friday is the best day of the year to get Amazon Alexa devices for free, according to Bonebright.

"Retailers love to bundle these gadgets into other offers," he said. "Amazon Echo Dots are probably the easiest devices to get. They're typically bundled with electronics like TVs or smart home devices like Ring doorbells." And since Amazon released eight new Echo devices in October, we expect last year's Alexa products (such as the 2nd-Gen Echo Plus and the 2nd-Gen Echo Show) to see discounts as well.

In a BlackFriday.com survey, 30% of consumers said they hoped to buy smart home gadgets this Black Friday.

Black Friday is usually a great time to buy older consoles, especially if you're looking for bundles. In 2018, we saw a number of Xbox One and Playstation 4 packages featuring some of the year's best games at their lowest prices of the year.

"We expect that the Playstation 4 will be heavily discounted in the form of bundles," Pandya said. "A lot of strong price value there as retailers look to move their inventory of those types of system. A new generation of consoles are on the horizon."

However, there's one exception: Nintendo. The company didn't offer many major deals on the Switch last year, and Black Friday sales on latest-generation consoles (namely, the new Switch Lite) are usually fairly limited.

From "Apex Legends" to "Kingdom Hearts III," a number of excellent video games came out early this year. Black Friday is an opportunity for retailers to clear out their stock and make room for next year's crop.

"Gamers should expect to pay $20 to $40 for big-name video games that came out in early 2019," says Bonebright.

Black Friday is usually a good time to buy smaller kitchen appliances, including blenders, rice cookers, toasters, and the like. Retailers will be looking to get rid of basic, budget-oriented devices in particular.

"Department stores like Kohl's will have a bunch of small kitchen appliances for $5 to $10 as door busters," Bonebright said. "These toasters, blenders, etc. are cheap for a reason — don't expect them to last forever. Still, it's worth picking them up, especially if you're shopping for a college student."

• Lingerie
• Apple devices
• Clothing
• Smartphones
• Toys
• Furniture

Stores that sell undergarments usually don't pull out their shoelaces for Black Friday; they've already got their eye on the post-holiday period.

"While stores like Victoria's Secret and Soma will definitely host Black Friday sales, you should hold off shopping for fancy underwear until after the holidays," Bonebright said. "After Christmas, both of these stores will launch huge semi-annual sales that will likely have better deals — and a wider selection — than Black Friday."

While many tech companies offer deals on gadgets, we don't expect Apple to be among them this year. The company doesn't usually discount its own products for Black Friday; the best you're likely to find is gift-card bundles or extra trade-in credit from third-party retailers.

In particular, beware the MacBook. "Apple products are rarely discounted to begin with, but the latest 2019 MacBook models are unlikely to see more than a few dollars off during Black Friday," Bonebright said. "In previous years, some of the best deals for current-gen MacBooks saw the devices at list price, but bundled with free AppleCare." Yawn.

You'll see a lot of apparel on sale for Black Friday, especially if you're shopping in stores. But be careful: Even at a discount, there's no need to buy things that won't last, or that you won't wear. It takes time to find garments that are the right size, style, and material for you, and that can be hard to find in the frenzy of Black Friday.

Instead, experts recommend buying clothing later on in December. Not only will you have more time to shop carefully, but deals are also likely to be similar — if not better. Last year, The Wall Street Journal reported that while women's clothing saw steep discounts during Black Friday, the discounts offered in the two weeks that followed were nearly the same.

"Many clothing retailers now extend and introduce deals all the way into the new year, giving shoppers more time to reach a purchasing decision," said Scott Ruzal, Senior Director of Marketing and Account Strategy at marketing firm DXagency.

Additionally, when it comes to clothing deals, there's nothing special about the holiday period. Clearance racks are stocked with last season's discounted clothing throughout the year. (For example, don't buy a winter coat in December, no matter the promotion — it'll be half off in a few months).

"Apparel and clothing, those types of areas are very much informed by seasonality, and their pricing is very much dictated by when things are coming in and out of season," said Pandya. When it comes to Black Friday prices, "we're not expecting to see a lot of change there."

Black Friday usually isn't the best time to buy a new phone — unless you want one of last year's models.

When it comes to newest smartphones, including the iPhone 11 and Galaxy Note 10 lineups, "they'll be doing promotions, but we don't expect to see a lot of price reduction because they're still very much high in demand," Pandya said.

We do, however, expect to see decent discounts on older phones, such as the Galaxy S9, as stores make room for next year's devices.

You probably know many parents who are deadset on getting their kid the hottest new toy this Black Friday. Our advice: Wait it out. Not only are these products very likely to sell out, but they also see their best discounts later in the year.

"Usually we see certain items that people are really in a manic frenzy to get for their kids," said Pandya. "Things like the Hatchimals and the LOL dolls. Discounting heavily on these items comes in much stronger during the Cyber Monday period."

Toys also tend to see great sales about two weeks before Christmas.

Furniture tends to see its best discounts after the holidays.

"Historically, things like furniture are cheaper in December," said Janet Alvarez, executive editor of personal-finance publication Wise Bread. "The week between Christmas and New Years is a wonderful week to load up on furnishings, especially things like outdoor grills, and large appliances like ovens and refrigerators. Retailers are desperate to let go of anything in their inventory before the next year starts."

Also, if you already have Christmas decorations, under no circumstances should you buy new ones on Black Friday. These will hit the clearance rack the minute Christmas is over. Your future-Christmas self will thank you.