Tools of the trade 101
Tool Number #1
Communications
Ok, here is the first Tool I am going to recommend. This not only has uses for your investing, but in all parts of communications. I have been using this for a while now and if you have never heard of this and you are not using it you should do yourself a favor and signup for it right now.
Get Skype for your Business – free conference calls and video calling. Free and Low rate local calls
Skype allows you to make free calls to other members around the world and to any phone in the world at a low, low, price. You can also do free conference calls and free video calls. Want to record a call? You can do that as well.
They even have a business service that you can integrate with a snap. Sign up, it is FREE. Once you try it you will be amazed at the quality of the calls. I call Russia, Australia, and India on a regular basis and the calls sound better than most of my domestic calls.
In order to have an automated voice mail and to be able to have message follow you, after you get Skype, you will want to download Pamela below. It works seamlessly with Skype and adds more features. Oh, yea, you can download it for free too.
This is one of those services that I still find a bit amazing. How does this compare with Vonage? Well, most of it is free, and if you want to use a regular phone, it only costs your about $3 bucks a month, versus $24.95 a month. So, the question is, do you want to save $21 dollars a month and have more features or not?
As far as a stock play, I think that Skype and some of the other options I will be mentioning, could end up taking Vonage out of the market and is one of the reasons for their big decline in value. That and the fact that EBay owns Skype means they have some deep pockets to keep adding to their services.
I like Skype and I think you will too! Oh and I almost forgot one thing. You can also add a tool called KishKish which is a real time stress tester. So, you have a good chance at telling if the person your are talking to is, how shall I say this, taking creative liberties with what they are telling you. Not sure how accurate it is, but it is fun.
If anyone wants to test it with me, add a comment here.
