Author Archives: Russel

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

How to get the mortgage despite the bad credit history?

After receiving a loan from a bank, we are trying to pay for it in the terms established by the contract. But in our lives sometimes happen force majeure. One day, without paying the invoice, appears the risk to be in the doghouse with the creditors and get blacklisted with the bad credit history. Now we will consider options for correcting bad credit and different ways to restore confidence from banks.

Of course, the easiest way is to pay the bills. Never overdue payment is approved by the banks and you will get the mortgage. You will be offered to take credit for any needs, because you have won the trust and reputation of honest borrower. And if you are a depositor of the bank or the owner of a salary card, then you most likely will not have problems with the credit or mortgage.

How to get the bad credit mortgage in Toronto?

To always know exactly whether you can count on a mortgage, it is necessary to monitor credit history. Mortgage credit history of the borrower must be more than satisfactory. It must be almost perfect. This means that there are unacceptable “additional” notes, information about arrears on payments or open loans. Most importantly, the information in the credit history to be accurate at 100%. Check your credit history at least twice a year to be sure of its content.

What to do to get the bad credit mortgage?

Fix the credit history. This may require some effort and time. But the mortgage that allows you to make the most important purchase of your life is worth it.

Improving our bad credit mortgage

Credit history is stored in the external offices, it is sent there by the banks. When concluding a contract, any bank has the right to use it. In reviewing the results, decision is made – to grant the credit or denial it. The history is keeping in the credit bureau for 12 years, after the expiration it canceled. This is the longest way to fix bad credit mortgage history and late payments on loans. There is also less radical way for renewal of trust bank – is to start using a credit card. Regularly removing and adding funds on the card, you will be able to fix bad credit mortgage history. Each operation is also entered into the database. Stable balance increase positively effects on your overall history as on a reliable, timely payer.

All this confirms that the regular payment of all bills – utility bills, traffic fines, taxes, will make your credit history right within two years. However, you must remember that only one delay can make all your efforts in vain, returning you to the start point to fix bad credit mortgage history again. Do not forget about it. Then the banks will make advances to you.

Trevor Greer, an independent journalist writes an article on behalf of Canada Wide Financial a bad credit mortgage company in Toronto and tells how to take the mortgage despite the bad credit mortgage history.