Effect House Poor Performance

I am running the newest version (4.0.0) and I spend most of my time staring at the hourglass cursor. My laptop is a Dell Inispiron 15 5510 Running Windows 10 22H2

Processor 11th Gen Intel(R) Core™ i7-11370H @ 3.30GHz 3.00 GHz
Installed RAM 20.0 GB (19.7 GB usable)

Suggestions please