If people actually answered the phone every time it rang then no one would get any work done! For the people of Britain, as amongst of most developed countries, are subject to a daily barrage of cold callers trying to sell or scam their way out of ones hard earned money or whatever one may be legitimately entitled and PPI cold callers must rank near the top of the nuisance / scam callers list.

Whilst I like most people usually just don't pick the phone up if I don't recognise the number or if it has been withheld, however at the back of ones mind is that this actually is an important call that needs to be taken, for instance many government agencies such as the NHS tend to use withheld numbers when making calls, so it's just not as simple as to not answer.

And then we have the Telephone Preference Service which purports to prevent nuisance calls but in my experience and probably in most peoples makes NO DIFFERENCE WHATSOEVER! A totally useless service.

Cold calling idiots understand this -

1. You are NOT going to get ANY SALES!

2. Your wasting YOUR TIME, most calls will go straight to voicemail.

3. Do you liked being told to get lost or worse every day?

So what's the answer ?

We'll if you are upto a bit of entertainment then one could string the cold callers along for as long as you can or until one gets bored, which is what I like to do from time to time as the following video for a bit of Christmas fun illustrates.

Tip - How to get the cold caller to immediately hang up and not call you again! - "I am recording this phone call and will be uploading it to youtube".

Merry Holidays and a Happy New Year to All!

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By Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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