What Is The Difference Between Investment Management and Stockbrokers?

The investment services industry can be daunting and ambiguous for individuals who seek a return on their capital. After working hard earning your wealth, it is important to understand the different services offered by professionals and what solutions fit you personally. One of the main questions we get asked here is:

“What is the difference between investment management and stockbrokers?”

Firstly, let’s discuss what stockbrokers are – we all have a much better, clearer, idea of what they do and who they represent. Stockbrokers are regulated firms that offer financial advice to their clients. A stockbroker buys and sells equities and other securities like bonds, CFDs, Futures and Options on behalf of their clients in return for a fee or commission. A brokerage / stockbroker will receive a fee on each transaction, whether the idea is profitable or not.

A brokerage can specialise in any investment niche they wish for example:

  • FTSE All-Share stocks,
  • AIM stocks,
  • European Stocks,
  • Asian Stocks,
  • US Stocks
  • Combinations of the above
  • Straight equities,
  • Straight derivative trading (CFDs, Futures & Options)

The main reason why investors choose stockbrokers over any other professional investment service is simply down to control. Due to the nature of a brokerage firm, they can only execute a trade after you instruct them to do so. This means it is impossible for a brokerage to keep buying and selling securities without you knowing – known as churning for commission. This doesn’t however prevent stockbrokers providing you with several new ideas a week and switching your positions to a new idea.

However, there are natural flaws with the brokerage industry is that because trading ideas can only be executed after being instructed to list a few flaws;-

  • you may miss out of good opportunities due to moves in the market,
  • you may get in a couple of days later because you were busy and not make any money after fees,
  • you may receive a call to close a position but unable to without your say so.

The above are examples that can happen when investing with brokerage firms, but this is due to the reliance of gaining authorisation from their clients. So if you are ultra busy or travel a lot then you could potentially miss out on opportunities to buy or sell.

What are investment managers?

Now we understand what stockbrokers / brokerage firms are about, let’s discuss what investment management services can do for individuals.

Investment management firms run differently to brokerages. The core aspect to these services is that the professional investment managers use their discretion to make investment decisions. As a client of an investment management firm you will go through a rigorous client on boarding process (just like a brokerage firm) to understand your investment goals, understanding of the services being used, risk profile, angering to the investment mandate and allowing the service to manage your equity portfolio. The sign up with the service may seem long winded but it’s in your best interest to ensure the service is suitable and appropriate for you. In reality, it’s not a long winded process at all. Once you agree to the services offered then you will only be updated on the on-going account data and portfolio reporting in a timely manner. This means no phone calls to disrupt your day-to-day activities and allows the professionals to focus on your portfolio.

Investment management firms usually have specific portfolios with a track record, into which you can invest your capital according to you appetite for risk. These portfolios will focus on specific securities, economies, risk and type of investing (income, capital growth or balanced). All of this would be discussed prior or during the application process.

Another method used by investment management firms is different strategies implemented by their portfolio managers. These strategies are systematic and go through thorough analysis before investment decisions are made.

The fees usually associated with investment management firms can vary from each firm. There are three common types of fees and are usually combined, fees can be;-

  • Assets Under Management Fee – This is where you pay a percentage of the portfolio per year to the firm, usually an annual fee. E.g) 1% AUM Fee on £1,000,000 is £10,000 per year.
  • Transaction Fee – This is a fee associated with each transaction made through your portfolio – similar to the brokerage firm’s commission.
  • Percentage of Profits Fee – This is where any closed profits generated over a set time will be charged to the firm. E.g) 10% PoP Fee – the firm generates you closed profit of £10,000 in one quarter – you will be charged £1,000.

The main benefits provided from investment management firms is that after the service understands your needs and tailors the service around you, it is their job to build a portfolio around you. It is also the job of the investment management firm to adhere to the investment mandate you agreed on, we’ll take about this later, so you understand of the time frame given what you should expect. Another bonus why high-net worth individuals choose investment management services is because they are not hassled by phone calls every other day with a new investment idea.

The difference…

The main difference between investment management and stockbroking firms is:

  • Investment Managers offers discretionary services; no regular phone calls about stock ideas.
  • Stockbrokers give you more control as you can personally filter out ideas you think won’t work.
  • Investment Managers offer an investment mandate; this is where the investment management service provides a document of what they are offering you in return of managing your portfolio. You will understand what exactly they are targeting over the year, based on what risk, and should they achieve it – then they have fulfilled their service. E.g) the mandate could state that the strategies used and based on 8% volatility (risk), they seek to achieve 14% capital return.
  • Stockbrokers do not offer an future agreements but look to deliver growth during the time you are with them. They are not bound by their performances like investment managers.
  • Investment management firms have a track record for all of the strategies and services used, stockbrokers do not.

Which to choose?

Both services provide professional approaches to investing in the stock markets. Stockbrokers are chosen over investment managers by people who like to be in control and receive financial advice. Stockbrokers generally do not have a systematic approach to the markets but use selective top-down approaches to select stocks.

Investment managers are chosen by investors who want an agreement on their performances over the year and understand the risk up-front. Usually more sophisticated investors that wish to take advantage of the track-record and gain an understanding of the systematic approach used by the investment management firm.

Feel free to learn more.

DISCLAIMER: The above is not considered financial advice or any endorsement to use any particular service. If you wish to use any of the services mentioned, please seek independent advice.

RISK WARNING: Spread betting, CFD, futures and options trading carries a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved. Past performance of a managed service is not a guide to future performance.

EDGE: A Stepping-stone Toward 3G Technologies in Pakistan

ABSTRACT

The business of wireless data is expected to grow in the region of 100-200 % per annum and the mobile communication industry agrees that wireless data services will form the foundation for future business. The enormous success of short messaging in many countries proves that people accept the benefits of non-voice services.

Enhanced Data Rate for Global Evolution (EDGE) is a technology that gives Global Systems for Mobile Communications (GSM) the capacity to handle services for the third generation of mobile telephony. It provides three times the data capacity of General packet Radio Service (GPRS). Using EDGE, operators can handle three times more subscribers than GPRS; triple their data rate per subscriber, or add extra capacity to their voice communications.

This article provides an overview of EDGE technology. In particular, starting from the introduction of this 2.5G technology I describe the core technical aspects and distinct features. I will provide a comparison with GPRS for data services and then a survey of the current state of this technology in Pakistan. I have also covered some benefits for operators and customers.

1. Introduction

The importance of wireless data and multimedia services both for business and end customers are increasing on an unparalleled scale. Enhanced Data Rates for GSM Evolution (EDGE) is a new radio interface solution and is based on an enhanced modulation. EDGE offers GSM network operators an evolution path to mobile data and multimedia services with a three fold increase of data throughput in the existing GSM spectrum. EDGE therefore provides an alternative for operators who do not have a Universal Mobile Telecommunication System (UMTS) license. Moreover it also represents a complement to UMTS for operators intending to first deploy UMTS only in densely populated areas, but who can also use EDGE to provide wide area coverage of future oriented 3G services. In the US market operators have chosen EDGE as the 3G solutions. [8].

We are presently experiencing the Wireless Application Protocol (WAP) as well as the higher   transmission  speeds of High Speed Circuit Switched Data (HSCSD), joined by the convenience of “always on-line” direct Internet connections with GPRS. [1]

EDGE, new radios interface technology with enhanced modulation, increases the HSCSD and GPRS data rates by up to three fold. EDGE modulation is going to increase the data throughput provided by the packet switched service even over 400 kbps per carrier. Similarly, the data rates of circuit switched data can be increased, or existing data rates can be achieved using fewer timeslots, saving capacity. Accordingly, these higher speed data services are referred to as EGPRS (Enhanced GPRS) and ECSD (Enhanced Circuit Switched Data).

EDGE, is a major improvement in GSM phase 2+. As a modification to existing GSM networks, EDGE does not require new network elements. [1]

In the US, for instance, EDGE is part of the IS-136 High Speed concept, which is one of the third generation Radio  Transmission  Technology (RTT) proposals from TR.45. EDGE is eventually going to be standardized which makes possible to achieve a global mobile radio system with many services characteristic to third generation systems.

2. Overview

The increased bit rates of EDGE put requirements on the GSM/GPRS network architecture. Figure. 1 illustrates the GSM/GPRS architecture, the shaded parts of which are discussed in this section. Other nodes and interfaces are not affected at all by EDGE introduction. An apparent bottleneck is the A-bis interface, which today supports up to 16 kb/s per traffic channel. With EDGE, the bit rate per traffic channel will approach 64 kb/s, which makes allocation of multiple A-bis slots to one traffic channel necessary. Alternative asynchronous transfer mode (ATM) or IP-based solutions to this problem can also be discusses.

One important fact is, however, that the 16 kb/s limit will be exceeded already by the introduction of two coding schemes (CS3 and CS4) in GPRS, which have a maximal bit rate per traffic channel of 22.8 kb/s. Consequently, the A-bis limitation problem is being solved outside the EDGE standardization, and it is therefore a GPRS related, not EDGE-related, modification. For GPRS-based packet data services, other nodes and interfaces are already capable of handling higher bit rates, and are thus not affected. For circuit-switched services, the A interface can handle 64 kb/s per user, which is not exceeded by EDGE circuit-switched bearers. [9]

2.1. Impact on GSM Network Planning

An important prerequisite, which to a large extent will determine the success of EDGE in GSM, is that a network operator be able to introduce EDGE gradually. For initial deployment, EDGE-capable transceivers will supplement standard GSM/GPRS transceivers in a subset of the existing cells where EDGE coverage is desired. Hence, an integrated mix of GSM, GPRS, and EDGE users will coexist in the same frequency band. To minimize effort and cost for the network operator, radio network planning (including cell planning, frequency setting of power and other cell parameters) must not require extensive modification.

2.1.1. Coverage Planning

One characteristic of non-transparent radio link protocols that include automatic repeat request (ARQ), is that low radio link quality only results in a lower bit rate for the user. Hence, low SIR for a user does not result in a dropped call, as for speech, but in a temporary decrease of user bit rate. For transparent bearers, which typically offer a constant bit rate, link quality control must be extended to incorporate resource allocation, in the sense that the number of dynamically allocated time slots fits the bit rate and bit error rate (BER) retirements. Transparent bearers, will thus be available in the entire GSM cell, but require fewer time slots in the center of the cell (where 8-PSK coding schemes can be used).

2.1.2. Frequency Planning

Most mature GSM networks of today have an average frequency reuse factor of around 9 (meaning that available frequencies are divided into nine frequency groups). However, there is also a trend toward tighter reuse factors. With the use of frequency hopping, multiple reuse patterns (MRP), and discontinuous  transmission  (DTX), reuse factors as low as 3 become feasible. EDGE supports a variety of reuse patterns. In fact, by its use of link quality control, EDGE can be introduced in an arbitrary frequency plan, and benefit from high SIR closer to the base stations. EDGE can be introduced in an existing GSM frequency plan, and that it also supports future high-capacity solutions based on tighter frequency reuse.

2.1.3. Radio Network Planning

An important prerequisite (and to a large extent, one that will determine the success of Edge) is that network operators should be able to introduce Edge gradually. The initial deployment of Edge-capable transceivers will supplement standard GSM transceivers in a subset of cells where Edge coverage is desired. An integrated mixture of circuit-switched, GPRS and Edge users will thus coexist in the same frequency band. To minimize operator efforts and costs, Edge-related implementation must not require extensive modification of the radio network plan (including cell planning, frequency planning, the setting of power levels and other cell parameters).

2.1.4. Channel Management

After Edge has been introduced, a cell will typically include two types of transceiver: standard GSM transceivers and Edge transceivers. Each physical channel (time slot) in the cell can be viewed as being one of at least four channel types:

1. GSM speech and GSM circuit-switched data (CSD);

2. GPRS packet data;

3. Circuit-switched data, enhanced circuits witched data (ECSD), and GSM speech;

4. Edge packet data (EGPRS), which allows a mix of GPRS and EGPRS users simultaneously.

While standard GSM transceivers only support channel types 1 and 2, Edge transceivers support all four channel types. Physical channels are dynamically defined according to terminal capabilities and needs in the cell. For example, if several speech users are active, the number of type-1 channels is increased, at the expense of GPRS and Edge channels. Obviously, channel management must be automated, to avoid the splitting of channels into static groups. Otherwise, trunking efficiency would diminish.

3. Interleaving

To increase the performance of the higher coding schemes in EGPRS (MCS7 to MCS9) even at low C/I, the interleaving procedure has been changed within the EGPRS standard. When frequency hopping is used, the radio environment is changing on a per-burst level. Because a radio block is interleaved and transmitted over four bursts for GPRS, each burst may experience a completely different interference environment. [7]

If just one of the four bursts is not properly received, the entire radio block will not be properly decoded and will have to be retransmitted. In the case of CS4 for GPRS, hardly any error protection is used at all. With EGPRS, the standard handles the higher coding scheme differently than GPRS to combat this problem. MCS7, MCS8 and MCS9 actually transmit two radio blocks over the four bursts, and the interleaving occurs over two bursts instead of four. This reduces the number of bursts that must be retransmitted should errors occur. The likelihood of receiving two consecutive error free bursts is higher than receiving four consecutive error free bursts. This means that the higher coding schemes

for EDGE have a better robustness with regard to frequency hopping.

4. EDGE & GPRS

EDGE, or the Enhanced Data Rate for Global Evolution, is the new mantra in the Global Internet Connectivity scene. EDGE is the new name for GSM 384. The technology was named GSM 384 because of the fact that it provided Data  Transmission  at a rate of 384 Kbps. It consists of the 8 pattern time slot, and the speed could be achieved when all the 8 time slots were used. The idea behind EDGE is to obtain even higher data rates on the current 200 KHz GSM carrier, by changing the type of the modulation used.

Now, this is the most striking feature. EDGE, as being once a GSM technology, works on the existing GSM or the TDMA carriers, and enables them to many of the 3G services. Although EDGE will have a little technical impact, since its fully based on GSM or the TDMA carriers, but it might just get an EDGE over the up coming technologies, and of course, the GPRS. With EDGE, the operators and service providers can offer more wireless data application, including wireless multimedia, e-mail (Web Based), Web Infotainment, and above all, the technology of Video Conferencing.

Now all these technologies that were named earlier, were the clauses of the IMT-UMTS 3G Package. But, with EDGE, we can get all these 3G services on our existing GSM phones, which might just prove to be a boon to the user.

The current scenario clearly states that EDGE will definitely score higher than GPRS. The former allows its users to increase the data speed and throughput capacity, to around 3-4 times higher than GPRS.

Secondly, it allows the existing GSM or the TDMA carriers to give the sophisticated 3G services. And with 1600 Million subscribers of GSM in over 170 countries, offer the full Global Roaming, anywhere between India to Japan and to San Francisco. Based on an 8 PSK modulation, it allows higher bit rate across the air Interface. There is one symbol for every 3 bits. Thus, EDGE Rate is equal to 3x GPRS Rate.

5. Future Evolution Towards WCDMA

The next evolutionary step for the GSM/EDGE cellular system includes enhancements of service provisioning for the packet-switched domain with the service provisioning in UMTS/UTRAN (UMTS terrestrial radio access network). GERAN will provide improved support for all quality of service (QoS) classes defined for UMTS: interactive, background, streaming and conversational. By doing so, a new range of applications, including IP multimedia applications, will be adequately supported. This part of the GSM/EDGE evolution focuses on support for the conversational and streaming service classes, because adequate support for interactive and background services already exists. Additionally, parallel simultaneous bearers will support multimedia applications with different QoS characteristics towards the same MS, such as multiple media streams handled through IMS domain. A driver for such evolution on the packet-switched side is the paradigm shift within the telecommunications world from circuit to packet-switched communications.

Both the core network defined for GPRS and the current GSM/EDGE radio access network require modifications to support enhanced packet services. The GPRS/EGPRS networks can quickly and cost effectively evolve with market needs, and align with services provided by WCDMA networks. The current evolution of GSM/EDGE, which covers all of the above aspects, is being standardized in 3GPP TSG GERAN. [4]

6. EDGE in Pakistan

Pakistan has the sixth largest population in the world – approximately 150 million. There are currently four mobile operators in the country. Mobile penetration at the end of 2003 was just 2.3% with a subscriber base of 3.4 million, while fixed line penetration was approximately 2.4%. Many geographic areas in Pakistan are without telephone coverage. To accompany recent positive economic development in Pakistan and the inherently low mobile penetration, high growth within the mobile segment is expected. At the moment the people in Pakistan are more concern with the text-enabled facility like SMS. Although the introduction of GPRS gave a new concept and new boost in Cellular network but still, people are not that much concern using Internet by their terminal. Few think that it still more costly and few believe that GPRS didn’t develop the interest for using Internet if we compared it by computer.

In April 2004 Norwegian mobile telecom operator, Telenor, bid for and ultimately won a license to operate a cellular network in Pakistan. The license covers the operation of Global System for Mobile Communications (GSM), General Packet Radio Service (GPRS) and Enhanced Data Rates for Global Evolution (EDGE) technology for the network. [14]

Telenor Pakistan has signed two deals with mobile infrastructure contractors for different areas of the network:

Nokia have signed a three-year deal to build and operate a GSM / GPRS / EDGE network to cover the central and Northern Punjab region (phase one), centered around Lahore.

Siemens have signed a deal to build a GSM / GPRS / EDGE network to cover the southern areas of Pakistan, centered around Islamabad.

Further enhancements in data capability over the core GPRS / GSM network will be provided in both networks with the installation of Enhanced Data for Global (GSM) Evolution technology. This component of the two systems will be installed after the initial roll-outs and will allow the subscribers to have the use of advanced mobile services such as downloading video and music clips, full multimedia messaging, high-speed color Internet access and email on the move.

Nortel Networks will upgrade Ufone’s existing wireless systems and supply new GSM/GPRS core network and radio access equipment, including Mobile Switching Center, Home Location Register (HLR) and advanced Base Transceiver Stations (BTS).

A key component of the Ufone expansion will be Nortel Networks BTS 12000, designed to deliver additional capacity within a GSM/GPRS network while positioning operators to drive lower costs and to offer advanced wireless services based on third generation (3G) EDGE (Enhanced Data for GSM Evolution) technology. The expansion will also include Nortel Networks Passport Packet Voice Gateway (PVG) for migration of TDM voice trunking to a packet-based infrastructure.

7. Benefits

As highlighted previously the need to reduce business risk and make the best use of existing resources is of paramount importance within today’s business environment.

7.1. Financial

GSM based networks have become the standard within the cellular landscape. As EDGE is a GSM based technology and provides an enhancement for GPRS at a little additional cost it is considered the best way in which to capitalize on existing resources. [1]

7.1.1. Radio Access Network

In most cases GPRS enabled base stations and BSC’s can be simply upgraded to EDGE by way of relatively low-cost software and hardware upgrades, which will pro-long the life cycle of the deployed RAN elements.

7.1.2. Core Network

For GPRS enhancement, there is very little modification to be completed within a GPRS enabled core network, thus enhancing the sunk core network investment.

7.1.3. Antenna Sites

There is no requirement for additional antenna sites when deploying EDGE. Assuming high quality linear amplifiers with high RF output power are used within the BTS, the coverage pattern will be the same as the existing GPRS deployment, so protecting existing site investment.

7.1.4. Spectrum Utilization

EDGE triples the GPRS data capacity whilst using the existing GSM spectrum and offers up to three times the GPRS data rate to the end user. EDGE is spectrally the most efficient radio technology for data applications requiring up to 100Kb/s throughput (compared to CDMA and WCDMA), and only WCDMA is spectrally better for higher throughputs.

7.1.5. Applications

GPRS enabled applications and services will generally not require any additional investment to become EDGE compatible. This is also valid for known WCDMA applications.

Although the financial benefits of EDGE can be apportioned to individual network elements as outlined above, one of the main business drivers is that EDGE forms an essential part of the overall GSM evolution towards a seamless multi-radio GSM/ GPRS/EDGE/WCDMA network. As mentioned previously GSM is the main standard for cellular communications worldwide and the business benefits of deploying an industry standard technology can be seen in nearly every aspect of a network deployment, from end-user devices, to applications to hardware.

7.2. For Operator

Operators can also experiences the advantages of EDGE in following ways.

7.2.1. Migration to wireless multimedia services

The operator can increase data revenues by offering attractive new types applications to end-users.

7.2.2. Improved customer satisfaction

Increased data capacity and higher data throughput will decrease response times for all data services, thus keeping end users satisfied and connected.

7.2.3. Early deployment of 3G type applications

EDGE networks are expected to emerge in year 2001, when mature markets are likely to start demanding multimedia applications.

7.2.4. Quick network implementation

EDGE will not require new network elements and EDGE capability can be introduced gradually to the network.

7.3. For User

7.3.1. Improved quality of service

Increased data capacity and higher data throughput will eventually satisfy the customers’ need for QoS.

7.3.2. Personal multimedia services

Attractive new types of applications and terminals will become available.

7.3.3. Potentially lower price per bit

Lower cost of data capacity for high-speed data applications gives the operator flexibility in pricing.

8. Conclusion

While the tug of war between access technologies – CDMA vs. UMTS vs. GSM — continues to be debated globally, EDGE provides an ideal solution for GSM carriers to add data capacity using limited spectrum. Keeping in view the fact that GSM supports more subscribers today than any other access technology (roughly 65 to 70% of the global subscriber market), and that GSM/GPRS operators are scrambling to add capacity to support user growth and launch next generation data services, the increased capacity and throughput offered by EDGE becomes very compelling. And, in a market where wireless carriers must squeeze the most out of capital outlays–past and future, it is no real surprise that we are going to see a renewed wave of interest in EDGE from our GSM customers.

Today the position of EDGE as a technology evolution of GSM is clear. Initially promoted as an alternative to WCDMA and generally a niche technology, EDGE is now regarded as a key enabler for GSM/EDGE and WCDMA operators alike. Being able to drive business value from existing GSM infrastructure and spectrum is one of the main advantages, and along-with the ability of EDGE to reduce CAPEX, time-to-market and time-to-revenue, with regards the delivery of global high-speed data services, EDGE is a must technology.

The cellular companies working in Pakistan did not have the license for the EDGE. Now as the introduction of some new companies like Telenor and WARID, it is possible that in near future Pakistan will also be able to use this facility. Then GPRS can become a real important factor in cellular network, as the people in Pakistan will use the Internet not only for downloading ring tones but also can enjoy the streaming videos by their cell phone and so many other facilities.

Starter Clicks But Engine Does Not Turn Over – Tech in Trunk?

If the car’s starter clicks and the engine does not turn over, this could be caused by several things. The most common cause of clicking when the car is being started is a low battery. Most people would assume that the starter is bad if it only clicks, but low-voltage can cause the starter to make this sound.

The battery is the heart of the starting and electrical system. If the battery has been drained or has a weak cell, this can cause the starter to only click. Many times the battery could just been drained due to a door left slightly open, making the dome light stay on. Other times a vanity light or a phone charger could be left on. During my time as a master auto technician, I’ve had a trustworthy co-worker close me up in the trunk so I could make sure the trunk light went off when the trunk was closed!

In order to test the battery it must have a good charge. If the battery is not charged completely the tester will indicate that it needs to be charged before testing can proceed. The first step when checking the starter and electrical system is to make sure the battery is in good condition. Most parts stores will check batteries for free. Once it’s determined the battery is good the rest of the system can then be checked. Loose or corroded connections can also cause a clicking and for the car not to start.

Starter

The starter solenoid on many Ford vehicle’s is on the inner fender well, on most other vehicles the starter solenoid will be mounted on the starter. The clicking that is heard many times is the solenoid. But low-voltage either from a drained battery, bad battery or poor connections can cause this. Most of the time if the vehicle can be jump-started the starter is okay. This would also indicate that the connections to the starter are good.

Alternator

Once the vehicle is running the alternator output can be checked. If the alternator is not charging the battery, it will be drained during the process of starting the car and driving. When the alternator is checked, the voltage and amperage output can be measured. Also the diode pattern will be checked to make sure the alternator won’t drain the battery when the engine is turned off. In the past do-it-yourselfers could disconnect the battery while the vehicle is running to check the alternator, if the car kept running the alternator was good. Doing this on computerized vehicles can be harmful. If the battery is disconnected while a computerized vehicle is running the alternator output can increase sharply allowing excess voltage to spike the computer.

Battery

When purchasing a replacement battery the cold cranking amps required for the vehicle should be checked. It’s best to purchase a battery with more cold cranking amps than the minimum required. Also when purchasing a battery you should consider if you want maintenance free or not. If the battery is hard to access or has a cover then a maintenance free battery is preferred. For instance on some Chrysler Sebrings and Chevrolet Corvettes the battery is located behind an inner fender and on a Chevrolet SSR. the battery is located underneath the bed where the spare tire would normally go. If installing the battery yourself be sure to notice which side is positive and negative in case you were sold the incorrect battery.

Terminals

The terminals should be free of corrosion and should tighten up well. Sometimes especially on import vehicles the battery terminals will be very thin and can have hairline cracks causing a poor connection. Avoid forcing the battery terminals on by tapping them. The battery casing can be damaged causing a leak, if the battery acid seeps out it can cause fast corrosion. If the battery terminal bolts will not tighten, then replacing the terminals is recommended. When the connections are tight you should not be able to twist them by hand.

Antenatal Classes – Pelvic Floor Exercises

Most of the pregnant women are probably hearing how important it is to have strong core muscle. If you have never come across core stability exercises, Pilates, Yoga and you are first time pregnant it is not easy to understand and start strengthening the muscle. Many pregnant women hear about the pelvic floor muscles and Kegel Exercise but not many are told where they are, how to find them and most importantly how to train them.

So let’s make it simple!

What is pelvic floor?

They are a sling of muscles that sits underneath the bladder and runs from the base of the spine (coccyx) to the pubic bone at the front.

What do they do?

The main purpose of your Pelvic floor muscles is to give your organs support and help to improve your bladder/bowel control and improve or prevent any leakage.

The pelvic floor muscles relax when you contract the bladder to let the urine out.

Why are they important for pregnant women and women who have children?

The pelvic floor muscles can weaken during pregnancy as they relax from the weight of the baby and a hormone called relaxin that softens the connective tissue of the pelvic structures in preparation for birth. During childbirth vaginal delivery may further weaken or stretch some of the supporting structures in the pelvis.

Can I do anything to help protect my pelvic floor from weakening?

Yes start your pelvic floor exercises straight away!

How do I know I am actually working my Pelvic floor muscles?

There are two ways to check that you are correctly contracting the pelvic floor:

Stop test

While going to the toilet you can try and stop the flow of urine, if you can then you are contracting the pelvic floor muscles correctly, but do not stop the flow of urine every time you go to toilet. This is a good way of seeing if you are exercising the correct muscles, but may cause problems with your bladder if you are doing the test more than once a fortnight. Remember this is a test and you must not exercise your pelvic floor muscle while urinating!

Squeeze test

You can also feel if your pelvic floor muscle is contracting by putting one or two fingers into your vagina whilst having a bath or shower. Tighten your muscles so they squeeze your fingers.

How often should I do my exercises?

Practice five pelvic floor exercise contractions five times a day

There are two types of pelvic floor exercises; low twitch and fast twitch. It is important that you do the slow twitch first and then the fast twitch each time you exercise your pelvic floor muscles.

Prepare to exercise:

Sit on a chair/toilet seat/toilet lid. Make sure your feet are flat on the floor and your legs slightly apart:

To perform the slow twitch exercises:

1. Close and draw up the muscles around the back passage as if you are trying to stop passing wind. Make sure you do not contract your buttock muscles whilst doing this.

2. Now close and draw up the muscles around the vagina, as though you are trying to stop the flow of urine.

3. Hold for a count of five, breathing normally and trying not to hold your breath.

4. Slowly relax and let go.

5. Repeat five times in total.

6. When you can repeat five contractions for five seconds, start to build up the hold to ten seconds, increasing by one or two seconds each time.

To perform the fast twitch exercises:

1. Pull up your pelvic floor muscles as before.

2. Hold for one second and relax.

3. Repeat five to ten times or until your muscles feel tired.

If you are performing slow twitch exercises and you find your muscles ‘let go’ too quickly and you cannot hold for a count of five then just hold them for as long as you can.

When performing pelvic floor exercises it is important NOT to:

1. Squeeze your buttocks together.

2. Bring your knees together.

3. Hold your breath.

4. Lift your shoulder/eyebrows/toe upwards.

5. Perform the exercises while urinating.

If you do any of the above then you are not contracting your muscles correctly.

Any other benefits of performing these exercises

Yes! For women, strong pelvic floor muscles can also mean increased sensitivity during sex and stronger orgasms.

Tips To Find Best Dental Assistant Programs

Dentistry is an area of medical practice that will always be in demand. Assistants skilled in the field of dentistry are confident about their job prospects. One needs to undertake years of training and learning to get qualified as a full-grown dentist, but if a person, who is looking to exert their energy in an area of less job responsibility than a dentist, then dental assistant programs can be a good choice. Joining the right school with the sound schooling is what makes a great career in healthcare industry worthwhile. Bear the following tips in mind when searching for best dental assistant programs:

Duration of the Course:

Before you put your name for any of the dental assistant programs, you must consider how long the program duration is and how rigorous the training will be. The duration of classic training programs ranges within 6 to 9 months. With a 6-month program as a dental assistant, you can begin earning sooner, but your level of knowledge will be unlike a dental assistant with a 9-month training period, as these encompass a broader range of areas related to dental care under discussion. With one of these longer more in-depth programs, you will be in a better position to get more job opportunities. On the other hand, if you plan to carry on with advanced dental schooling in future, a program of lesser duration can prove sufficient to grant you the certification you need. Even if you do not intend to go on to higher education, a fundamental 6-month training gives you an opportunity to participate in placement programs and get you a good job.

What Is The Teaching Method Used?

Regardless of your choice of a six-month or nine-month dental assistant programs, you must ensure that the training blends wide-ranging education points and purposes, dedicated lecturing and practical training. This practical training part is supposed to be the central feature for you to try to find, as here they prepare you for the real thing via this facet of schooling. With practical training, you will be all geared-up when starting to work at dental clinics, hospitals and miscellaneous healthcare centers soon after your education.

What Is The Course Syllabus Made Up Of?

There are many facets concerning dental assistant programs. As healthcare is a serious question of public interest, suitable and appropriate training is indispensable to ensure that patient care and safety is not compromised in any way. Each patient deserves to get the best possible care. Thus, you must search for a training program that will educate you in the following crucial areas: (dental/medical) urgent situations, skiagraphy, dental orthopedics, dental terms and expressions, tooth morphology, disease   transmission , clinical procedures, oral surgery and preventive dentistry and nutrition.

Investing 101: Before You Start Investing Money

Doesn’t it make sense to learn to invest (some basics) before you start investing money for real? Maybe a course called investing 101 or personal investing would be helpful. Here this retired financial planner relates a story, and then points the new investor in the right direction so he or she does not start investing uninformed.

In the dean’s office of one of the largest universities in America, I recently asked if they offered investing 101, personal investing, or any finance course where the student could learn to invest. “After all, we all need to start investing money someday, and it is much to one’s advantage to be informed vs. uninformed, isn’t it?” That was my response when told, “no, or at least I can’t find one” by the dean. I was informed that they had well over 50,000 current students enrolled and offered THOUSANDS of courses in the various colleges throughout the university. But he could find no course under the heading of personal investing or investing 101, and he was in charge of the curriculum.

We spent about an hour together searching and were both laughing out loud at what WAS offered. How about a course in “the art of falling down”? It’s offered. Investing 101? Which college in the university would offer such a course? “The athletic department is real big here; maybe they could help”, I suggested. After all, professional football players make big money. They need to learn to invest money (in case their career is short) and should start investing early. I knew a few players when I was a financial planner, but like most folks they tend to procrastinate when the money is flowing in. They’re too busy earning it, and don’t have the time to learn to invest.

The truth of the matter is that I don’t find it funny that it’s difficult to find a down-to earth practical course that most people could truly benefit from, because as a new investor you need to learn to invest money before you start investing for retirement or any other financial goal. As a new investor you may not be able to find a financial planner you can work with or afford. Even if you found one, do you really want to start investing money with him or her without first getting your feet wet in the basics of personal investing? Let’s start at the beginning.

Before you get into financial concepts like asset allocation and strategy, you should first learn the very basics: investment characteristics. How can you compare various alternatives to determine which best suit your needs, financial goals and comfort level? In other words, you need to decide what you are really looking for. And you need a list of factors to consider before you start investing money. For example, do you have a long term goal like retirement, and are you willing to accept a moderate level of risk? If so, there are numerous investment alternatives to consider, and you can also get tax breaks.

On the other hand, if you have a shorter term financial goal and might need access to your money at a moment’s notice, that’s a totally different picture. You need to match your financial wants and needs to the various alternatives that have characteristics best suited to your personal investing goals. There is no single best choice for every financial goal. It’s a matter of give and take. I have a list of 5 factors you must consider and a few other things you should consider before making a decision. This is basic investing 101. Whether you are a new investor or you’ve been at it for a while and have never really taken the time to learn to invest – you should learn the basics.

This is the first in a series of investing 101 articles I plan to write. In my next article I plan to put my list of characteristics you need to consider before you start investing money in black and white. Don’t feel bad if you are an uniformed new investor (or a want to-be). Do something and learn to invest starting with the basics.

Once you have a handle on a few basic financial concepts you can start investing with confidence. Once you learn to invest you can reach your financial goals. If you think I’m trying to build your confidence, you are right. Stay tuned to investing 101 as we get back to basics. No offense to anyone at one of THE largest universities in the country, but there’s a void out there and I plan to fill it.

Mononucleosis Explained

Mononucleosis is a viral illness that is common among young adults but can affect people of almost any age. Severe sore throat, swollen lymph nodes, fever and extreme fatigue are the recognizable hallmarks of this condition. Why the disease is more common in teens remains unclear. It may have something to do with the lifestyle, poor diet, not enough rest and stress, all of which lowers the resistance of the immune system. The underlying culprit is the Epstein-Barr virus (EBV). This virus, a member of the herpes virus family, is so common that 95% of all adults test positive for exposure to it. The EBV has been implicated as playing a role in some uncommon malignancies later in life or another condition chronic fatigue syndrome. However, keep in mind that the virus is very common. Even though exposed some time in their life by adulthood, most people do not manifest any clinical symptoms of mononucleosis. Viral transmission occurs through intimate contact with saliva or blood of the infected person. Hence, the antiquated name of the “kissing disease”. The virus is not airborne. The risk to others in the family or friends is very low unless there is intimate contact.

Severe sore throat, extreme fatigue, swollen glands and lymph nodes characterize the typical symptoms. The inflammatory process usually affects the liver and spleen resulting in some enlargement. In a small number of severe cases, abdominal pain or difficulty swallowing may be an issue. Twenty percent of people with mono develop a fine red rash resembling measles. Some medications in particular amoxicillin based antibiotics can also trigger the rash. The incubation period from time of exposure to onset ranges from 14 to 45 days. The average illness lasts 4 weeks. The first two weeks are most difficult because of the intensity of the symptoms including a severe sore throat that makes it awkward to maintain an adequate diet. The fatigue makes people want to sleep a lot. People usually miss two weeks of school or work during this time. The second two weeks are usually quite a bit better but energy levels are still waning. Getting up in the morning feeling good and somewhat energetic, but running out of gas after a few hours is characteristic. Some modification of activities with a limited schedule during the second two weeks is to be expected. A specific blood test can confirm the diagnosis in the doctor’s office. An exam to rule out other similar conditions is prudent.

Since it is a viral illness it will run its own course, there is no specific treatment. The majority of cases improve with rest and a balanced diet. In the rare severe case, other medications such as a steroid or an anti-viral drug may be used. There are a few instances when a second bacterial infection such as strep throat may occur at the same time. Appropriate tests can easily determine whether an antibiotic is necessary to treat a secondary infection. Symptomatic treatment is helpful just like treating the flu. Ibuprofen or acetaminophen for fever or muscle aches, plenty of clear liquids and trying to maintain a healthy balanced diet are nonetheless important. Avoiding alcohol for six weeks is suggested while the liver inflammation subsides spontaneously. The biggest frustration for people is simply the lack of energy and fatigue. It can usually take 4 to 6 weeks or more before normal stamina returns.

SWOT Analysis of the New Honda Fuel Cell Vehicle

Honda is changing the vehicle market as we know it, by making a vehicle that emits water vapor. Honda’s FCX Clarity fuel cell car is the new breed for green cars. This car has some similarities to hybrid, but nothing compares to its new fuel source hydrogen. Besides hydrogen it runs with an electric motor that generates electricity to the fuel stack and a lithium ion battery. The lithium ion battery serves as a supplemental power source. The lithium ion battery charges up while braking and decelerating. Some questions might arise when thinking about this new fuel cell vehicle, like what makes this car better than the other hybrid cars? What are the Honda FCX Clarity strengths, weaknesses, opportunities and threats?

One of the biggest strengths about this new fuel cell vehicle is that it emits water vapor and is designated as a Zero emission vehicle (ZEV). The environmental protection agency (EPA) has given this vehicle the lowest possible emission rating. It also can be driven up to 280 miles before being refueled with hydrogen. FCX Clarity is achieves an energy efficiency of 55% which is twice the energy efficiency of the hybrid vehicles and three times the efficiency of regular gas vehicles. Since FCX Clarity is more energy efficient it has been one of the first fuel cell vehicles to receive certification from the EPA and the California Air Resources Board. Unlike the hybrids the FCX Clarity doesn’t need to be plugged in to be charged up and there is no need for regular gas.

Honda has many opportunities with this new fuel cell vehicle. First off Honda is designing a home refueling station. No more worrying about going out and getting refueled at the pump. Home refueling stations will elevate the stress at the pump. Also, Honda could make this fuel cell vehicle a household name and market this vehicle all over the globe. Honda just needs to get out there to show off their new vehicle. Honda is starting to market the new fuel cell a little bit. Honda has just released the FCX Clarity for Japan.

One of the few weaknesses for this fuel cell vehicle is its limited availability in the United States. Southern California and Japan are the only two areas where this new vehicle is available. Honda plans to release around 200 vehicles in 3 years in California and Japan. Honda believes that this new fuel cell vehicle will be able to be mass produced by 2018. I think this is one Hondas biggest downfall is the limited release and so few refueling stations.

This car is a little small it’s only able to carry four people. The cost of the FCX Clarity is about 600 a month on a 3 year lease. It seems a little steep for someone who is middle class to afford that payment. Not anyone is California will be able to lease this new vehicle. These people who are selected live near the refueling stations and they make a limited amount of commutes.

Basically Toyota and GM vehicles are Hondas biggest threat. With so many new hybrids and small gas efficient cars, this creates a problem for Honda. Another threat is Chevrolet. Chevrolet has developed a fuel cell SUV “the Equinox” and it has already arrived at New York City, Washington D.C. and Southern California. With this being said, it becomes a race between Honda and Chevrolet with the new fuel cell technology. How would the new fuel cell FCX Clarity size up in popularity? The lack of mass production and refueling stations, Honda won’t have a chance.

I think Honda has come up with a good concept car with its new fuel source. The new fuel source needs to be researched further before they should market this vehicle. This car is for people who are willing to go green and have the money to do it. The whole problem is making this car available to the public and easily accessible.

On the other hand Honda has a comparative advantage because of their home refueling station. There is no other vehicle out there that you can just plug in and refuel at home. Hybrid vehicles rely on battery and gas to run. You have to plug the hybrid in to recharge the battery.