Maintain income stream

first_img Chicken that I am, I would still prefer keeping at least one year’s worth of living expenses in a liquid and relatively safe place, such as a money market or short-term bond fund. Another option is to buy an immediate annuity that pays a monthly income for life to cover the basic necessities while keeping the rest of the money well diversified and making withdrawals as needed. Let’s say you want none of that and simply want to rely on your diversified portfolio to provide you with income. I put your question to Paul Merriman, an investment adviser in Seattle who has spent more than 20 years studying the subject of retirement withdrawals and wrote the 2005 book “Live It Up Without Outliving Your Money!” (Wiley, 2005). “If the reader’s portfolio is well diversified by our definition, I think over time he will benefit by selling portions of the portfolio that are high,” Merriman said. Doing so will help “rebalance” the portfolio – that is, restore it to the original asset allocation designed to match the investor’s goals and risk tolerance. Many caveats are in order here. The impact of taxes cannot be ignored, although even at the highest bracket long-term capital gains are taxed at a maximum 15 percent. It may be possible to rebalance the overall portfolio by making changes in the tax-deferred accounts only, without tax consequences, and still manage to sell the losers in the taxable accounts. Depending on individual circumstances, particularly for those with large portfolios, judicious withdrawals from tax-deferred accounts now may be advisable to avoid a much larger tax bill when minimum required distributions begin after age 70. And the portfolio must be properly diversified to begin with, which under Merriman’s definition means including funds that invest in big and small and growth and value stocks, both in the United States and abroad. “The point here is that if you are not properly diversified (such as investing only in U.S. growth stocks, for instance) rebalancing is not very meaningful,” Merriman said. A truly diversified portfolio helps keep volatility down, which in turn lessens the risk that withdrawals will deplete a portfolio. Humberto Cruz offers personal finance advice each Thursday and answers readers’ questions each Saturday. Write him at 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREThe top 10 theme park moments of 2019 So rather than “advice,” let me suggest a few guidelines gleaned from personal experience and interviews with scores of financial planners and investment advisers over the years. Personally, I try to keep the next 10 years’ worth of living expenses covered by predictable income streams, including fixed annuity payments and the interest and liquidation of principal from fixed-income investments. I invest the rest of my money for growth, mostly in low-cost stock mutual funds. My goal with these funds is to have, in 10 years, enough money to start generating another 10-year income stream, and also enough left over to again invest for growth. This strategy – advocated by certified public accountant and financial educator Paul Grangaard in his book, “The Grangaard Strategy” (Perigee Books, 2004) – makes it unlikely you’ll ever have to sell your stock investments at a loss because you don’t need to touch them for 10 years. And if you are fortunate to be sitting on a big gain before the 10 years are up, you can sell ahead of schedule and start a new 10-year income stream and growth-investment cycle at that point. But while the strategy provides flexibility and peace of mind, it does require a fair amount of savings. Some advisers see it as overly cautious and argue you are better off keeping a well-diversified portfolio and managing withdrawals properly. Q: I have a question about a topic many other people might struggle with. I’m 62 years old, retired, and withdraw less than 5 percent a year from a balanced portfolio for living expenses. I know it’s better to withdraw from my taxable funds before tapping into my tax-deferred portfolio. My question is, when withdrawing from my taxable funds, do I sell winners or losers? If I sell winners, I sell at the top, but then I have taxes on capital gains. If I sell losers, I sell at the bottom, but I have a capital loss I can use to save on taxes. I have no other income and live from the sales from my portfolio, and was hoping you could offer some advice. A: How to withdraw funds from a retirement portfolio is fast becoming the subject of entire books, particularly now that the oldest baby boomers have hit traditional retirement age. But as with most things having to do with personal finance, there is no agreement on the “right” method. last_img read more

Half-time: Leicester 1 Chelsea 0 – Blues behind and Hazard off injured

first_imgEden Hazard went off injured during the first half at the King Power Stadium, where Jamie Vardy put Leicester ahead.Blues playmaker Hazard was replaced by Pedro on 28 minutes with what looked like a hip problem following a challenge from Vardy, who scored five minutes later.Riyad Mahrez, who had two early efforts gathered by keeper Thibaut Courtois, delivered a superb cross from the right and striker Vardy volleyed home his 15th goal of the season.The Foxes were forced into a change of their own when Danny Drinkwater picked up a hamstring injury after a quarter of an hour.But they remained on the front foot and Vardy’s goal put them within sight of a win that would take them back to the top of the Premier League.Chelsea: Courtois; Ivanovic, Zouma, Terry, Azpilicueta; Ramires, Matic; Willian, Oscar, Hazard (Pedro 31); Costa.Subs: Begovic, Cahill, Mikel, Fabregas, Kenedy, Remy.Follow West London Sport on TwitterFind us on Facebooklast_img read more

Good evening, sister and brother propagandists

first_imgGood evening, sister and brother propagandists.What did she just call us, I hear you asking yourselves? Us? Propagandists?A hundred years ago, there would have been no shame attached to being called a propagandist. The word propaganda had not yet been hijacked by the enemies of democracy. In some parts of the world, notably Latin America, propaganda still has a neutral sense. There it refers to commercial advertising.Edward Bernays, the friend of Sigmund Freud who is considered by many to have been the father of public relations, was happy to call his art propaganda. He thought it was an important component of democracy. He even titled his groundbreaking 1928 book on PR “Propaganda”.Propaganda is a Latin word. It means “things that need to propagated or disseminated”. One the reason eggs and bacon is today synonymous with breakfast is that Bernays successfully propagated the idea that eggs and bacon were a healthy way to start the day.He did that by getting a segment of society that commands universal respect – the medical profession – to endorse the benefits of a hearty breakfast. Then he promoted eggs and bacon as the quintessential hearty breakfast. This was before the discovery of cholesterol.Gathered here this evening are some of the most talented practitioners of the art of propagating ideas in the world. And while you represent a great and diverse array of clients and interests, one of the most compelling questions that challenges all of us is: how can we do for Africa what Edward Bernays did for bacon and eggs?How do we propagate the idea that Africa is an appetising, energising and essential part of the world’s day?The basic ingredients are coming together and the product is perhaps more saleable than it has ever been. Late last year, the World Bank reported that 2005 “may well have been the year when Africa turned the corner” unquote from poverty and debt to prosperity and wealth.Economic growth is picking up steam all over the continent. A growing number of countries, among them Senegal, Burkina Faso, Cameroon, Uganda and Ghana, is on course to cut poverty in half by 2010. Primary school enrollment and literacy rates are rising. In many countries, infant mortality is down. Macroeconomic indicators are improving, with inflation falling to historic lows, currencies stabilizing and fiscal deficits dropping, and foreign direct investment surging.Democratic transfers of power are now the norm and the African Union is starting to stand fast against member governments who come to power through unconstitutional means. African conflicts may still grab headlines, but the truth is they are dwindling in number, largely as a result of the efforts of Africans themselves. And, having overtaken the Middle East as America’s largest source of oil imports, Africa is assuming unprecedented strategic importance.Too little of this gets projected to the world at large. To the contrary, in the popular culture of the North, Africa remains a source of horror and pity. Consider Hollywood’s latest contribution. This year, two Oscar contenders painted Africa in the direst imaginable colors.One, the Last King of Scotland, depicted the bloody rule of Idi Amin in stomach-turning detail. The other, Blood Diamonds, dealt graphically with the civil war in Sierra Leone, limb-severings and all.The conflict in Sierra Leone is now over. Peace has been achieved. Idi Amin is long gone and Uganda has for years been seen as a model of post-conflict reconstruction and is now one of the fastest-growing economies in the world. But the distinction between past and present has also most certainly been lost on most filmgoers in the North.Last year, of course, an African film made by Africans about Africa actually won an Oscar. But as justifiably proud as we were of Tsotsi’s success, its images were not ones we would necessarily have chosen to have seared into the minds of international audiences.All these films deserve the accolades they’ve been getting as examples of the filmmaker’s art, but we have to be aware of how they feed pernicious stereotypes. In the same way, just we have to be aware of the messages cherished celebrities send when they come to Africa bearing gifts and professing love and compassion. Unwittingly or not, they tend to nourish the assumption that Africans are victims and incapable of looking after their own.This assumption is also fed by the media. This is not because the media is malicious. Actually, the journalists who cover Africa for the world’s newspapers, radio and television are generally caring human beings with a strong regard for truth.Most of them didn’t become journalists to fatten their bank accounts. Many entered their profession because they wanted to shine a light on what is wrong with the world with a view to helping get it fixed.That being the case, reporters and their editors are not going to spend a lot of time covering things that are working. The fact that South Africa has the lowest cost electricity in the world is not news. Power failures are.By the same token, reporters are going to spend a lot of time with, and give voice to, people they see working to get things fixed. That is part of the reason NGO’s like Oxfam and Global Witness and Doctors Without Borders tend to be the primary sources for stories out of Africa. Another part is the reason is the journalists have a hard-wired distrust of authority, which is a good thing for democracy.A lot of NGO’s do terrific and necessary work and make a genuine difference in people’s lives. But it’s a fact of life that they have to compete for resources to do their work, which leads, quite naturally, to their marketing the problems they seek to address. This marketing tends to drown out other more hopeful narratives about Africa and plays straight into Afropessimism.How, in the face of all this, are we going to re-brand Africa?One way we are not going to do it, is by assuming an angry and defensive attitude and attacking messengers, challenging their bona fides and being perpetually thin-skinned about criticism. All that will do is reinforce stereotypes.The only media that consistently reports “good news” is the media in closed societies and closed societies tend to be the least successful in today’s world. We might do worse than to learn from the American cognitive linguist George Lakoff and what he has been trying to teach his country’s Democratic Party about framing its message to voters. In his book, “Don’t Think of an Elephant”, Lakoff makes the simple point that if you ask someone not to think of an elephant, an elephant is precisely what will leap into that person’s mind.What this means is that when we talk to the world and tell it our story, we must use our own frame of reference, not the frame supplied by Afropessimism or existing stereotypes. If we start out defensively by confronting the Afropessimist or stereotypical viewpoint directly, we have conceded control of the frame.Take the example of crime in this country. Government is talking about this issue in a reactive and defensive way, using the frame supplied by its critics. It needs to establish it own frame, a frame that gives people a sense of hope that crime is a problem that can, and will be dealt with. Instead we need to create a vision for what a safe, secure and successful country will resemble.A good example of the approach I’m talking about is an article that appeared in the Financial Times last year by Jim Sutcliffe, the CEO of Old Mutual. He was worried about the way BEE was being seen by foreign investors. But instead of beginning his article by mentioning investor concerns, he created his own frame. Here’s how the article began:“South Africa’s drive to bring the long excluded majority of its people into the mainstream of its economic life is paying healthy dividends. It is pushing the growth rate – nearly 5 per cent in 2005 – onto a higher trajectory. It has helped the 12-year-old democracy move ahead of India as a destination for foreign direct investment. And it was a factor in the 47% total return on equities traded on the JSE last year.Broadly defined, the black economic empowerment (BEE) strategy hammered out between government and business is helping fuel an economic and social revolution as millions of South Africans start to enjoy disposable income and upward mobility for the first time in their lives. This is making South Africa both an exciting place to do business and one that holds the promise of long-term stability.How real is the transformation? Consider this. Just over 20 years ago, South Africa’s most famous newspaper, the Rand Daily Mail, closed because its readership was increasingly black and of no interest to advertisers. Today, South Africa’s most successful newspaper is the Daily Sun, a three-year-old start-up targeted at the black working class. Its circulation is 450 000 and rising and advertisers are clamoring for space on its pages.”This is a great example of how we can all work to redefine Africa in the minds of the world. It’s about telling our story on our terms – and telling it truthfully and without trying to pretend that everything is perfect. Sutcliffe did go on to respond to concerns investors have about BEE, but not before establishing a whole new way of looking at the subject – a new frame — as a reason to invest and have faith in South Africa’s future.Importantly, he told a concrete and unexpected story – the extraordinary success of the Daily Sun — to illustrate his case and help readers see South Africa in a new way.This is the way we have to start talking about our continent as a whole – as a region ripe with opportunity, a market 800 million strong, rich in resources, human and natural, and with huge pent up demand for goods and services. In short a great new frontier. Having established this frame, we can then build its credibility by being totally candid about the problems we still face.Above all, we need to be armed with gripping stories that stick in people’s minds. The way we perceive the world is shaped strongly by anecdote, and the more memorable stories we can tell that defy stereotype and illustrate the strengths and capacities of our continent’s people, the more we will change mindsets. The more we demonstrate a country Alive With Possibility”, the more we will create Afro Optimism.There are great stories to tell, if we’re willing to look for them and encourage people to tell. Story gathering is something we can’t simply leave to the media which, for the reasons I’ve outlined, are not focused on our kind of story. There are or course exceptions, like the American filmmaker Carol Pineau, whose documentary, “Africa Open for Business”, has been winning prizes and accolades around the world. In this film, Carol introduces to the world an extraordinary array entrepreneurs, from Pierre Sauvalle, founder and artistic director of Senegal-based Pictoon, the only animation design studio in Africa that produces television series and feature films, to-Adenike Ogunlesi, who owns and operates the “in” label in Nigeria in children’s clothes, Ruff ‘N’ Tumble, to Mohammed Yassin Olad, who runs a thriving airline in the truly business environment of Somalia. She has another film on the same theme now in the works. We must do all we can to encourage this kind of work.Ultimately, as the article by Jim Sutcliffe and Edward Bernays with his pro-hearty breakfast doctors showed, very little beats credible third-party endorsers when it comes to selling a product or propagating an idea.We need to get what Simon Gladwell has called the mavens, the connectors and the persuaders – the key players in dramatic shifts of public perception – to propagate the idea of Africa as the opportunity continent. This is a process about which there is a great deal of expertise in this room tonight. I am confident that we are close to the tipping point. Africa is on the move. Yes, there are huge challenges still to be confronted, and yes, movement is by no means uniform. But many of the challenges are really opportunities, if properly viewed and properly framed.That is an idea Ogilvy and its supremely talented people can to much to propagate, and in fact, have a responsibility to do so.last_img read more

Education, health get lion’s share of KwaZulu-Natal budget

first_imgThe KwaZulu-Natal provincial government has allocated R12.06-billion to spend on various infrastructure projects around the province during the 2015/16 financial year.“The province is budgeting to spend R12.06-billion in 2015/16, R11.804-billion in 2016/17 and R12.196-billion in 2017/18 on various infrastructure projects. This equates to R36.06-billion over the. MTEF,” said the provincial minister of finance, Belinda Scott.Tabling her Medium Term Expenditure Framework (MTEF) budget in the Provincial Legislature on 10 March, Scott said it included infrastructure funded by both the equitable share and conditional grant.Key infrastructure projects over the period include transport; the department of transport will spend R20.594-billion over the period on various programmes. It will also continue with construction and maintenance that fall under Operation KuShunquthuli and the African Renaissance Roads Upgrading Programme, to focus on building roads in rural areas.For the 2015/16 year Scott allocated R4.294-billion to the department of health for infrastructure. Projects will include a R460-million investment in adding 500 beds to the regional Pixley ka Seme Hospital, and a new 192-bed medical ward in Ngwelezane Hospital for R80-million, among others.An amount of R6.909-billion has been allocated to the department of education to spend on building new classrooms and ablutions in various districts.The department of human settlements has been allocated R9.595-billion for the 2015/16 year to focus on catalytic projects that will have a significant impact on the wellbeing of residents.Scott said the projects were linked to transport routes, proximity to schools, clinics and other social facilities. “Some of the key programmes include the Informal Settlement Upgrade Programme, the Rural Housing Programme, the Emergency Housing Programme and the Integrated Residential Housing Programme, as well as the Rectification Programme and Enhanced Extended Discount Benefit Scheme.“In 2015/16, the department will continue to implement these housing programmes and the outputs expected to be achieved include 23 233 housing units constructed and 14 225 beneficiaries approved,” she said.The education department received the largest portion of the provincial budget; the second largest portion went to the health department.The budget allocation for education over the MTEF is R42.142-billion in 2015/2016, R44.210-billion in 2016/2017 and R46.488-billion in 2017/2018.The budget allocation for health over the period is R32.982-billion, R34.742-billion and R36.874-billion.Source: SAnews.govlast_img read more

How to Upload 60-Second Videos to Instagram

first_imgOpen a Finder WindowClick on AirDropDrag and Drop the compressed Instagram video file to your iPhoneOn your iPhone, open Photos and verify the file transferred Sign into your Dropbox accountDrag and Drop the compressed Instagram video fileOpen the Dropbox App on your phoneDownload the compressed Instagram video file to your phoneOpen the Photos / Gallery app on your phoneVerify the file fully transferred PremiumBeat is now on Instagram. Be sure to give us a follow. Want more tutorials like this? Let us know in the comments below. Upload to InstagramWe’ve finally made it. It’s time to open Instagram and upload the video.Open the Instagram App on your phoneTap on the Camera iconGo to the GallerySelect your Instagram video fileInstagram defaults to the 1:1 aspect ratio. Here is the only step that applies to the type of video you made.1:1 Aspect RatioRemember how your 1080 x 1080 1:1 video file was compressed down to a 1920 x 1080 video? Instagram will automatically crop out the excess black bars on the sides, and you will have a perfectly square video ready to share. The result is like the middle image above.Tap the blue arrowAdd a filter if you’d like, change the cover image, and/or mute the videoTap the blue arrowAdd a caption, hashtag, location, or send as a Direct messageTap the check mark, and you’re done.16:9 Aspect RatioInstagram defaults images and videos to 1:1. If you want a 16:9 aspect ratio like the right image above, you will need to adjust the crop.Tap the Crop button to change to 16:9Tap the blue arrowAdd a filter if you’d like, change the cover image, and/or mute the videoTap the blue arrowAdd a caption, hashtag, location, or send as a Direct messageTap the check mark, and you’re done. The 1:1 aspect ratio is much larger heightwise, but it crops so much detail from the sides. This format is preferred because it allows you to add more large legible text on screen. This is great for videos that are trying to educate you on a topic.Think of all the quick cooking recipe videos you see. The 1:1 aspect ratio gives you more room to write down the steps and recipe. The 1:1 ratio was achieved by uploading a 1080 x 1080 project file.Once you decide which ratio suits your project best, then you will know what canvas size you should set up in your NLE.Non-Linear Editor Sequence SettingsThe first step to editing a video for Instagram is setting up your sequence. Just make sure your final product is under 60 seconds, as that is the max time allowed by Instagram.For 16:9 – edit your video normally as 1920 x 1080For 1:1 – set your sequence to 1080 x 1080Quick note: 1:1 will give you a perfectly square canvas. If you are using 1920 x 1080 footage, be sure to watch the whole clip and make sure everything you need stays in frame.As a regular 16:9 video is still 1920 x 1080, the following steps will focus on creating 1:1 videos at 1080 x 1080.1. Adobe Premiere Pro 1. Final Cut Pro X Click Sequence > Sequence SettingsChange the Video Frame Size to 1080 x 1080 (1:1) / Leave at 1920 x 1080 for (16:9)Click OKNow edit your project as normal — add any transitions, text, and graphics.When you are finished editing:Export the sequenceOpen Adobe Media Encoder and import the file you just createdOpen the Preset BrowserApply the 1080p preset for your device (Android, Apple, Mobile)Compress the video file — Note: This will always export a 1920 x 1080 file. That is not an issue. Transfer to MobileImage via ShutterstockNo matter if you used a 16:9 or 1:1 ratio, the final compressed mobile video will be 1920 x 1080 — this won’t be a problem. When you upload to Instagram, you will choose crop settings. More on that later. Now that you have a compressed Instagram mobile file, you will need to transfer the file to your phone. For Mac/iPhone users, the best way is to use Apple AirDrop. For Mac/Android or PC/Mobile you can use programs like Google Drive or Dropbox. As a Mac/Android user, I personally prefer using Google Drive since it’s faster.Apple AirDropMac users with iPhones will find it easiest to send files using AirDrop. You will just drag the compressed Instagram video file to your iPhone. On your iPhone, you will now find the file under Photos. Sign into your Google account and open Google DriveDrag and Drop the compressed Instagram video fileOpen the Google Drive App on your phoneDownload the compressed Instagram video file to your phoneOpen the Photos/Gallery app on your phoneVerify the file fully transferred Window > Project Properties (Command + J)In the Inspector window, click Modify SettingsChange the Video Properties Format to Custom Change the Resolution to 1080 x 1080 (1:1) / Leave at 1920 x 1080 for (16:9)Now edit your project as normal — add any transitions, text, and graphics.When you are finished editing, you have some options with Final Cut Pro X. You can Share to an Apple Device or Send to Compressor. In this case, using Compressor is overkill since we are only using the video file on mobile. That said, you can still use Compressor if you want.Share to an Apple DeviceFile > Share > Apple Devices 1080p (The Apple Device preset will work with some modern Android devices.)Click Share — Note: This will export a 1920 x 1080 file. That is not an issue. DropboxDropbox works for both Mac and PC and will transfer files to iPhone, Android, and Windows phones. You will need both a Dropbox account on your computer and the Dropbox App on your phone. Google DriveGoogle Drive works for both Mac and PC and will transfer files to iPhone and Android phones. You will need both a Google Drive account on your computer and the Google Drive App on your phone. Here are the steps to make, edit, and upload your own 60-second videos to Instagram.Top image via Shutterstock*Author’s Note: 60-second Instagram videos are currently being tested among a select user base and Sponsored posts. The update won’t roll out to all users for a few more weeks. This tutorial still works for any length — from the minimum 3 seconds, the current 15-second max, and up to the future 60-second max. Instagram was designed as a mobile platform, and the app still remains that way today. It is designed for you to shoot and edit everything on your phone. However, many video producers and advertisers want to create original content with a traditional camera setup and video edit. This allows them to capture the best footage, control the audio, and even add graphics.Instagram has recently made major updates to their mobile app. Users can now post videos from 3 to 60 seconds long, and even edit multiple clips on their phone. This tutorial is designed for those users wanting to move completed videos from their NLE to Instagram. To upload to Instagram, the video file must be on your phone. As an editor, you will need to export your video, then compress it for your mobile device. Finally, you will send the compressed mobile file to your phone and then upload to Instagram. That may sound complicated, but it’s very easy to do.Instagram Video Aspect RatioInstagram will allow you to display your video with a 16:9 widescreen ratio or with a square 1:1 ratio. So, what does that mean?To those of you with experience working with Instagram, you may remember that the canvas size was once 640 x 640. While that holds true for mobile, Instagram can now be viewed from a desktop at a max size of 1080 x 1080. A good rule of thumb is to always use at least a 1080 canvas. Instagram will automatically convert the footage for you, so it’s best to max out the size to get the best look.Let’s assume you are working with HD 1080 footage. That means Instagram can display the video at 16:9 (1920 x 1080) or 1:1 (1080 x 1080). In reality, Instagram will automatically adjust the video size for the type of device. A 1920 x 1080 video will play on a desktop at 1080 x 680 and on a phone at roughly 648 x 365.16:9 Instagram VideoAs you can see above, the 16:9 aspect ratio acts as a traditional video. It allows you to fit more information widthwise. You can achieve this look by uploading a regular 1920 x 1080 video.The downside of 16:9 is that you will not take up as much valuable retail space on a user’s phone. If you are creating an advertisement, you will want to take as much screen space as possible. That is why ads tend to use a 1:1 ratio.1:1 Instagram Videolast_img read more

Understanding Color Rendering Index with LEDs

first_imgThe Color Rendering Index can help you get the best LED color reproductions.Cover image via Shutterstock.The Color Rendering Index (CRI) is the go-to measure when speaking about the quality of different sources of light; the CRI rating can have a big effect on the reproduction of colors in your video shoot, so it’s important to keep in mind when selecting and using lights. However, do not confuse it with “color temperature,” which describes other aspects of light.What Is CRI?The CRI describes how accurately a light source reproduces colors on a scale from 1 to 100. The lower the number, the worse the reproduction of the color. Some spectrometers, such as the Sekonic C-700 or Gossen Mavospec, can read and display the CRI of a metered light source. That makes them brilliant tools for comparing different manufacturers and sources when working in videography and photography. However, these meters may be too expensive for many shooters, and while you can rent them, they aren’t a necessity on set. (Manufacturers will often list the CRI ratings of their lights on their websites.)As a general rule, any source with a CRI rating of 90 or above will faithfully render colors. Most good tungsten sources will have a CRI rating of 90 or above — often over 95. Sunlight will have the best CRI rating of all.The following is an example of the CRI rating of sunlight.Notice that the rating divides into eight different colors. This is a problem when using the CRI rating to analyze manufactured light sources — the sampling is only an average of eight colors. It is possible for a light to have a good CRI rating in regards to these eight colors, but it could still have a low rating beyond these color samples. It may not score highly for a deeply saturated red, for example, which would lower the rendering rating. Some LED lights can show large variations in different parts of the color spectrum when compared to tungsten or daylight; therefore, it is necessary to look beyond the standard eight colors when analyzing LEDs in particular.Beyond CRIThe Television Lighting Consistency Index (TLCI) is an improvement upon the CRI rating. It samples twenty-four colors, and it is more reliable for analyzing how light renders on a camera’s sensor. However, this index was initially for broadcast television cameras and arguably does not account for single-chipped cameras that are more common in the film and video industry.The Extended CRI rating (sometimes referred to as Special CRI) is the most useful for the majority of film and video applications. It is also what the Sekonic C-700 will display. The Extended CRI rating adds R9 – R15 colors to the standard CRI samples — including, most importantly, R9 Saturated Red, R13 Skin Color (Light), and R15 Skin Color (Medium), which are all difficult colors to faithfully reproduce.The image below shows an example of the Extended CRI rating of sunlightThis is as close as you are likely to get to a perfect CRI rating on a spectrometer on set. It shows that even sunlight is not getting a full 100 rating. This could be due to any number of reasons — even bounced light affecting the reading. However, it is a very good gauge of the reliability.Cheap LEDsIf we now look at a cheap LED, you will see a big difference.There are many areas of the color spectrum that this light will not render correctly. This would most likely result in odd hues in skin tones or other color casts within the image that are unexpected, undesired, and uncontrollable. However, the manufacturer could justifiably give this light source a CRI rating of 83. This is not an excellent rating but, at first glance, should at least imply a decent rendering of most colors. If this light source is priced well, it may be a viable alternative to more expensive options. Now the importance of the Extended CRI rating becomes more relevant. One can’t use sources such as this and expect faithful color reproduction across the spectrum. You would likely see similar inconsistencies with other cheap sources, most commonly with halogen and fluorescent lights.So, if you are looking to save money when renting or buying LEDs, halogens, or fluorescents, then always start by checking for an Extended CRI rating or a TLCI rating. If you can’t find one, consider renting a spectrometer and checking the rating yourself.Do you have tips for assessing lighting sources? Let us know in the comments.last_img read more

It’s Expensive Not to Get the Help You Need

first_img Get the Free eBook! Learn how to sell without a sales manager. Download my free eBook! You need to make sales. You need help now. We’ve got you covered. This eBook will help you Seize Your Sales Destiny, with or without a manager. Download Now I answer every email I receive. Every Sunday, I provide readers of my newsletter with the opportunity to send me their questions (a practice I shamelessly stole from Chris Brogan). When people ask me questions, I try very hard to give them answers that can help them.Occasionally, someone is unhappy that I am unable to answer their questions with the kind of pointed, detailed answer that they need. Sometimes they are frustrated with me when I suggest that they get professional help (I imagine that their frustration is really about money).Easy AnswersIt’s very easy to answer big, broad, thematic questions in a blog post or over email. Because the questions usually reveal some fundamental challenge, it’s easy to answer a question by sharing some principle. Answers around principles and fundamentals can teach you the questions that you need to ask yourself to figure out a potential course of action. This focus on fundamentals makes answers valuable, and they provide you with some guidance.But real coaching and consulting isn’t accomplished through email or blog posts. When you need specific answers for your business, you need a more professional, more intimate relationship.Complete AnswersGood coaching and consulting requires context. It requires a deep understanding of where you are now and where you need to go. The person helping you needs to understand your culture, the personalities involved, your strengths, your weaknesses, what must change, and what must stay the same. They need to know you, and that’s why the intimacy is as important as the professional nature of the relationship.The internet provides you with information, not insight. It provides you with knowledge, not wisdom. It provides you with ideas, not ideas that consider the exact context of your situation. It’s sometimes more expensive not to get the help you need than it is to spend the money.last_img read more

More exits from Himachal Congress

first_imgIn another jolt to the Congress ahead of the Assembly elections in Himachal Pradesh, Rajinder Malangar, son of the former Deputy Speaker Ram Dass Malangar, joined the Bharatiya Janata Party, along with his supporters, in the Kutlehar constituency in Una.On Thursday, Chetan Parmar, a prominent leader of Sirmaur and grandson of the first Himachal Chief Minister Y.S. Parmar, also joined the BJP. Kush Parmar (father of Chetan Parmar) was a five-time Congress MLA and is still active in the State politics. The family was feeling ignored. Anil Sharma, son of veteran Congress leader Sukhram and a sitting Cabinet minister in the Virbhadra government, had also joined the BJP after being allegedly slighted by the Chief Minister. Prominent leader of Kangra, Major (retd.) Vijay Singh Mankotia has parted ways with the Congress and is fighting independently from Sahapur. Chief Minister Virbhadra Singh’s brother-in-law Vikram Sen and his wife, Jayoti Sen, who is now a BJP candidate from Kusumpati, left the Congress a few days ago. Calling the Congress a sinking ship, sitting Nahan MLA and BJP vice-president Rajiv Bindal organised a welcome function for Mr. Parmar.last_img read more

McShane holds Anand to a draw

first_imgWorld Champion Viswanathan Anand signed truce after failing to break Englishman Luke McShane’s solid defences while Norwegian Magnus Carlsen defeated local hope David Howell to join the leaders after the fifth round of the London Chess Classic on Monday.Anand and McShane remained the only two undefeated players in the tournament following a draw between them while Carlsen benefitted from an oversight by Howell in the second time control.Going by normal rules, Anand and McShane are the only two leaders but the soccer-like scoring system, which gives three points for a win and one for a draw, has put Magnus back on track for the title with three wins.Anand and McShane have won two and drawn three which means that under normal scoring system they would tally three and a half points each, half point more than Carlsen who has lost two games.With all leaders on nine points, Vladimir Kramnik, who drew with English Michael Adams, is sharing the fourth spot along with American Hikaru Nakamura on eight points each.Nakamura got the better of an out- of- sort Nigel Short who suffered his fourth defeat in the ?145000 tournament being played on round robin basis between eight players.Adams holds the sixth spot on six points while David Howell remained on two, a full point ahead of back- ranker Nigel Short.Anand pressed for advantage in the Berlin defense game but it seemed the Indian was much better in the middle game that ensued.McShane however remained on his guard right through and restored parity with some timely exchanges leading to a drawn queen and bishops endgame.advertisement”These are trends, a month from now we may see them all switch over to something else,” said Anand when asked about the Berlin defence that’s in vogue.”I was better after the opening but it was just slightly better, if it was serious, I did not see it,” the world champion said.Carlsen defeated Howell from the black side of a Najdorf Sicilian.The Norwegian was in his elements post the second time control after Howell erred on the 43rd move and wrapped the issue quickly.Kramnik faced the Kind pawn opening and it was another Berlin defense by the Russian. The alternative main line employed by Adams did not yield much as Kramnik equalised quickly and started looking for initiative.Adams had to find some resources to let the game drift towards a draw.Nakamura was pleasantly surprised to see Short employing a side variation in the Marshall Gambit. The American was on top in the middle game with an extra pawn and relished the endgame that arose after subsequent exchanges.Short, who is going through a forgettable event, could not pose much of a challenge.In the open event being organised simultaneously, 15- year old International Master Sahaj Grover came back into the reckoning with a fine win over Nicolai Getz of Norway.While Sahaj moved up to four points out of five games, Grandmaster Abhijeet Gupta remained on 3.5 after losing to Gawain Jones of England.With four rounds still to go, Grandmaster Saptarshi Roy Chowdhury is also on 3.5 points and the lead is shared by Simon Williams of England and Gavin Wall of Ireland – both have five points each.- With PTI inputslast_img read more

a month agoEx-Real Madrid president Calderon: I’m outraged Ronaldo was sold

first_imgEx-Real Madrid president Calderon: I’m outraged Ronaldo was soldby Carlos Volcanoa month agoSend to a friendShare the loveFormer Real Madrid president Ramon Calderon has again hit out at the sale of Cristiano Ronaldo.Ronaldo left Madrid for Juventus over a year ago – and Calderon says the club is yet to recover.He told AS: “He should never have left, it’s amazing that he was let go. “It’s impossible to do without such a player. 60 goals per season … no player can bring you such a guarantee. He is irreplaceable, just like (Lionel) Messi. “I am outraged that this may have happened, while (president) Florentino (Perez) keeps saying that Cristiano’s signature was the best of his mandate.” TagsTransfersAbout the authorCarlos VolcanoShare the loveHave your saylast_img read more