You know what’s been ticking me off for quite a while now?
Voicemail instructions.
Remember back in the day when all you had to do was listen to the voicemail greeting, wait for the beep and leave your message?
Well some “genius” decided that we all need our hands held through the voicemail process. (More on why this was done in a second).
So instead of a beep you hear the same set of pointless instructions.
“please leave a message after the beep, when you are finished you may hangup or press pound for more options. To leave a call back number press 5. To send a fax press 6.”
Just typing it out makes me cringe.
Well it turns out that there is a big conspiracy theory behind why this set of instructions was added.
Rumor has it that execs from all the big cell phone carriers get together every year for some kind of an evil mastermind gathering. Their sole purpose is to figure out how to keep you and me on the phone longer.
Because the longer we’re on the phone, the more money they make.
The annoying voicemail instructions you keep hearing were “supposedly” the brain child of one of these meetings. By keeping millions and millions of customers on the phone for a few more seconds, the carriers could rake in some pretty nice paychecks.
A dirty little trick if you ask me.
It reminds me of how investment firms and money managers use the same “skimming” techniques to throw the average investor under the bus (and then slap it in reverse and run over ’em again).
Case and point is the email I sent a couple weeks ago about High Frequency Trading. (Refresh your memory here)
Add the fact that investment firms will do everything they can to nickel and dime you with pointless and hidden fees.
Think about it…a percentage point or two skimmed off the top of of billion dollars is exactly how money managers and investment firms are padding their pockets….correction…getting filthy rich, at the expense of the rest of us.
And the worst part is they’re charging the same fees no matter what your money does. You make money, they make money – you lose money, they make money. It’s ridiculous.
Just take a look at this list of fees –> Up To Your Knees In Fees
By “bellying up” to the wall street table you’re already around 3% in the hole and are desperately trying to claw your way up to break even.
That’s no way to live.
Nick and Jake
Real Wealth Financial
800-321-1636
Discoverers of The 500 Account
P.S. A nifty little trick to bypass those annoying voicemail instructions is to press 1, then star, then pound. Depending on the carrier of the person your’re calling one of those options will work.
P.P.S. The 500 Account gets you growth (often better than what you’ll get at the wall street table) without any fees or “skimming.”
