I have no idea what most of these things are when it comes to programs, files, processors, frame sizes, etc...
I really appreciate all the help, but the majority of these technical specs are lost on me.  I have the computer abilities to turn it on, and basically turn it off.  Aside from that, I'm clueless.  I'd have to be taught these things; either from someone standing over my shoulder, or a good online/video format.  Im really lost in all these specs.
I greatly appreciate the help though.  It's all great information to move forward with.  As I become more savy, its something I can come back on.  In the meantime, my skill level dictates that I probably just need to upgrade to a newer, 4k able computer and go from there.  I can tell you some of my current specs, and I know its not capable of 4k video.  Anything past that, and I'm lost.
Thanks again though.