Author Archives: Russel

Saving Money with Energy Efficient Freezer and Appliances

These days, saving money is something that’s hard to come by. Whenever possible, you should be trying to spend less and put more into your piggy bank. With the right items in your home, you should be able to do this more easily. Your power bill is usually the second most expensive bill inside your home (sometimes third, after car notes). To help lower your power expenses, you should shop around for energy efficient appliances, such as a freezer and refrigerator. Refrigerators and freezers are known for running often throughout the day, especially when it is warm inside the home. Since these have auto-defrost and temperature settings, it will automatically cycle on and off. Having an energy efficient freezer and fridge will help to ensure that your unit isn’t going to burn up your electricity.

There are energy efficient models for freezers and fridges that are better insulated, allowing the units to trap in cool air and keep out warm air. They also come with better mechanisms that allow them to consume less energy. When browsing around for a freezer and refrigerator, you should search for one that has an Energy Star sticker. These models have already been tested and proven to be energy efficient. Whether you’re looking to lessen your carbon footprint or save money, you can do so with a freezer that is Energy Star compliant.

If you’re looking around for a freezer, you should know that the chest freezer model is recorded as burning less energy than an upright freezer. This is so because they usually come with a manual defroster and they are sealed and insulated to keep cold air inside. The chest model doesn’t offer the convenience for organization like the upright freezer model does, but it will save you money on your power bill.

Other appliances in your home that you can switch out for Energy Star compliant models include your dishwasher, washing machine, clothes dryer and electronics. Everything in your home that plugs into the wall can be energy efficient, if you so choose. Even your laptops and televisions can be purchased this way. The main appliances in your home that run up the most energy are freezers, refrigerators and air conditioning and heating units. You should definitely consider finding an Energy Star air conditioning and heating system since it is run throughout the year.

Buying freezer parts and appliance parts for your items is a great idea, especially if you aren’t looking forward to replacing any of these items anytime soon. Having the right appliance parts will allow you to repair the appliances yourself or with the help of a specialist. Whatever freezer and appliances you choose for your home, make sure that they are energy efficient so that you don’t continue dishing out more cash than you have to.

Provide Expert Witness Testimony All The Time

Any good lawyer knows that you can’t prove your case without evidence. Juries want proof that what you are saying is true. Sometimes this evidence is very scientific in nature and the regular people of the jury can’t fully comprehend what it means. This would be a good reason to hire an expert witness.

Financial cases are a common type of case where an expert witness is hired. Banking law is complicated enough if you work in the industry. It’s even harder to understand if you have no relationship with it. Michael F. Richards and other consultants like him provide expert witness testimony all the time for court cases that deal with real estate, banking law, and loan documents. Here are three good reasons lawyers should consider hiring expert witnesses to help them with their court cases.

Unbiased – Witnesses can often come off as biased during testimonies. A jury knows that an expert has to provide an unbiased opinion on the information that they know about the case. The only person’s interest who they have in mind is any person in the courtroom that wants the truth. In many cases, these are scientists who use the scientific method to help analyze data and report on it in a courtroom.

They improve your chances – Expert witnesses have been known to completely change the momentum of a case. A really good one can make an unwinnable case a win. This is because they can explain the circumstantial evidence and turn it into real evidence. That takes diligence and attention to detail, but this is something that the person should have anyways if they are considered an expert.

They are certified – They are considered experts. This means that they obviously have some kind of education or training in the field. Often times, they have years of experience as well. All of this experience and training means they can speak eloquently about the subject while still speaking in terms that a layperson on the jury can understand. The best expert witnesses understand how to explain complicated matters in a simplified way.

If you are a lawyer who works in financial law, you should always have an expert witness on speed dial. They can win a case for you that was previously thought to be unwinnable. Their courtroom experience and calmness under pressure make them a great tool for cross-examinations. Even the toughest questioning is something that they usually have seen before.

Requirements for Restaurant Entrepreneurs

If you’d like to run a restaurant that sells delicious steaks, tasty sauces, and elegant desserts, several steps must be followed. After you’ve selected an ideal location in a well-populated area, you’ll need to invest in proper cooking supplies. Later, depending on the restaurant’s theme, strategic procedures may have to be implemented to influence consistent sales.

The Fry Food Route

Any restaurant that will serve fast food dishes will need some kind of fryer. The equipment doesn’t have to be expensive; however, it must have enough space for typical menu items, such as fries, hush puppies, and onion rings. If you’re going to sell hamburgers, you’ll need industrial equipment. Since a commercial-grade grill is large, it may not fit in a kitchen if space is limited.


No matter if you launch a casual or elegant restaurant, the process of determining the success of certain items will be challenging. However, a restaurant’s popularity greatly depends on it’s food, staff, and services. This means that if you invest in cheap equipment and employ inefficient chefs and waiters, sales will suffer.

Equipment Requirements

In the kitchen, a restaurant must have proper refrigeration options, convenient preparation gadgets, and a variety of cooking accessories. Before buying any of these items, you must review the health codes in your area. If you skip this step, you’ll have to replace any items that aren’t up to code.

Success Strategies

If possible, try to keep your menu simple because people don’t like to make complicated meal choices. A typical menu should only have about a dozen main course dishes. Among this items, there must be a few vegetarian options.

The process of managing key finances isn’t always easy. If you lack great financial skills, consider working with an asset manager. With a reputable manager by your side, you’ll have no problems selling your restaurant whenever more profitable business opportunities are discovered.

In many areas, strategic entrepreneurs are running trendy restaurants that are very successful. If you want to make an impact in the restaurant industry, you’ll need a good location, popular menu, and reliable cooking tools.

A Pay Stub Generator That Does the Hard Work

I have a small business that I run out of my own home. It got a little busy for me, and I ended up having to hire an employee. I have never had an employee in my life, as I have always worked for other people. I knew from those experiences that I wanted to make my worker feel very comfortable and well compensated. Rather than hire a bookkeeper to help me with the taxes for her pay, I did a search for instant paystub download after a friend suggested that I look at the same pay stub generator that her own office uses for the four employees there.

It did not take me very long to look at it, because all of the information was very clear on their website. I was even able to look at sample invoices, and I did a dummy invoice just to make sure that it was as easy as it looked. Continue reading

Contracts for Difference Explained

What is a CFD?

A CFD (Contract for Difference) is a financial derivative that allows traders to profit, or incur losses, relative to the price movements of an underlying financial security. The Contract for Difference is an arrangement for one party to pay the difference in value from when the contract was opened to when it was closed. CFDs are offered on 1,000s of markets, including commodities, currencies, indices and shares.

History of CFDs

CFDs are a relatively new financial product. Devised in London in the 1990s, they were first used by hedge funds looking to short sell and place larger trades than they could on the underlying market. CFDs offered the perfect opportunity to trade with leverage and go short on 1,000s of financial markets whilst avoiding UK Stamp Duty.

The tech boom of the late 1990s provided a wealth of new markets ideally suited to CFDs, and CFD trading has now spread to other major financial centres. Approximately a third of the total volume traded on the London Stock Exchange is CFD related.

How does CFD trading work?

CFD trading enables speculation on market movements without owning the underlying asset. Contracts are bought instead of shares, with an agreement to swap the difference in value at the closing of the contract.

Example CFD trade:

A short trade is opened in expectation that the price of the UK100 index is going to fall. For instance, the UK 100 is currently trading with a bid-offer spread of 6,300.1 – 6,300.9. A trader decides to ‘go short’ 10 CFDs (with a pip location of 0.1 and a value per pip of £1) with a total value of £630,010 ((10/0.1) x 6,300.1).

As anticipated by the trader the market falls and at a quote of 6,290.4 – 6,291.2 the trader decides to close the contract at a price of 6,291.2. The difference between the opening value of the trade (£630,010) and the closing level of the trade (£629,120) is £890.

Opening Leg:  £6,300.1

Closing Leg: £6,291.2

Difference:  £8.90

No. of Contracts: 10 (Pip location 0.1, Pip value GBP 1)

Profit on Trade: £8.90 x (10 / 0.1) = £890

A long trade is opened in anticipation of the market rising. For example, a trader believes that the value of the US Tech 100 is going to appreciate. The index is currently quoted at a bid-offer spread of 4,300.2-4,300.6, so the trader goes long with 10 CFDs entering a contract (with a pip location of 0.1 and a value per pip of $1) with a total notional value of $430,060 (10/0.1 x $4,300.6).


Against the trader’s expectations, the US Tech 100 falls and at a price of 4,280.2 – 4,280.6 the trader closes the trade, selling 10 CFDs at 4,280.2. The difference between the opening value of the trade ($430,060) and the closing level of the trade ($428,020) is $2,040.

Opening Leg: $4,300.6

Closing Leg: $4,280.2

Difference: $20.40

No. of Contracts: 10 (Pip location 0.1, Pip value USD 1)

Loss on Trade: $20.40 x (10 / 0.1) = $2,040

Margin trading

A key difference between a CFD and traditional forms of trading is that it is a leveraged product. This means that only a small percentage of the total exposure to a trade needs to be deposited up-front.

In the above example the margin requirement to place a trade on the US Tech 100 is 1%. The total nominal value of the trade is $430,060, yet with margin trading only $4,300.60 needs to be deposited with a broker to open the trade.

This level of gearing means that CFDs offer the potential for significantly larger profits than standard forms of trading. However, it also increases the risk of incurring losses in excess of your deposits.

What are the benefits of CFDs?

Exempt from UK stamp duty: Because the underlying asset is never purchased or sold, CFDs are free from UK stamp duty.

Go long or go short: Unlike trading shares CFDs allow you to profit, or incur losses, when the market is falling.

Deductible against UK Capital Gains Tax: Losses from CFD trading can be offset against UK Capital Gains Tax liabilities. Conversely, profits are liable to UK CGT. Tax laws are subject to change and depend on individual circumstances, please seek individual advice.

Hedging: Traders can potentially offset any losses to their share portfolio by short selling the same security with CFD trades.

Leverage: CFD trading is leveraged which means that only a small amount of the total trade value needs to be deposited. This also means that losses may exceed deposits.

What are the costs of CFD Trading?

Spread: In both of the above examples the trader incurred the cost of spread. Whether the trade had resulted in a profit or a loss, this spread cost would remain the same. The tighter the spread, all things being equal, the lower the cost of trading.

Commission: Certain CFD trades are subject to commission.  This will vary depending upon the market and currency traded.

Overnight financing: Overnight positions are often subject to financing charges. These are typically set around 2.5% + LIBOR for long positions, and LIBOR – 2.5% for short positions.  This is in effect the charge for leveraging the position.


The majority of CFD trades do not have a set expiry date, position can be closed when a trader wants. However, there are some forward and futures contracts that expire at a set date. These contracts can still be exited early if the trader so wishes.

CFD positions that are left open overnight are known as ‘rolling’, and are subject to overnight financing charges.

Risk Warning: Financial spread bets and CFD trades are leveraged products. Losses may exceed deposits.

Core Spreads – financial spread bet and CFD provider