Could someone please explain the financial meaning of the phrase below in terms of returns?

ShareBuilder money market fund (BDMXX) 7-day yield rose from 4.49% to 4.51%

What is that 7-day yield, is that a annual return (APR) or something else?

Thank you.

This is the same as a current yeild.

Basically takes the yeild on the money in 7 days and project it out for the full year.

Basically if you made 1USD on 1000K in 7 days

1/1000/7*365*100% = 5.21%

To get back to your numbers:
With a 1000USD investment you were making 86.1 cent and now you are making 86.5 cents a week.

7*1000 * 4.49/(365*100%)

im almost sure that BDMXX is the name of your market fund and the yield on it rose from 4.49% to 4.51% which really is not much. if you don't know what yeild is, that is what you get back from the money that you start with, also known as princple. if you want to invest some money dont put any in Market funds try Stocks. I hope that im right however i still in business school so dont kill if im wrong

Tags

　　Online Investment 　　Online Business 　　Offshore Investment 　　Mutual Fund 　　Money Market Funds 　　Money Investment 　　Managed Fund 　　Make Money 　　Low Risk Investment

Related information

When should i get back in the stock market??

If you have a greater than 5 year time horizon, I would not try to time the market - you will get burned and make one irrational decision after the next. 2000-2003 was the worst bear market i...

Anyone know of a nationwide hard money lender (need funds to buy and rehab a property)?

I work for a company called Investors Mortgage Lending Inc. I can send you a fast track form and have you fax/email it back to me and see if we can meet your numbers your looking for. Please email...

What does it mean by "the Fed injected liquidity" into the market? US Govt printing more money?

Well, the government can always print more money. But it does not simply print money and then dump it from the sky or place it evenly into commercial banks. There has to be some mechanism for get...

I have the best bass bait to come along in decades. How do I get it out on the market with little money.?

Your letter thing is useless. Assuming it can be patented at all, look into a provisional patent - $100 for one year of protection while you market it, then can get a real patent for $5000+ if it ...

My wife and I have an IRA with T. Rowe Price. It is divided up into stocks, bonds and money markets. So?

I really think you are too conservative. You probably made 7 to 8% on your in the past year. If you would have had your money in the 2025 fund you would be up 17%. If you are in doubt the 2025 is...

What should I do with the money?

Congrats on no credit card debt and an emergency fund! You're handing your money responsibly.... something most people don't do. If there was a match on your 401k, I'd say do tha...

I have 5,000 Dollars. What is the best way for my money to make money with little risk?

Yes you can make way, way more with your money, perfectly safe, with minimal to no risk. How do you think wealthy people get wealthier and wealthier all the time? By risking their capital? Hardly. ...

Where can I get a higher return than 5.20% on my money? Need Full liquidity and low or no risk?

You can invest in investment grade corporate bonds. They have a risk of default though. But given the current economic climate most should be safe. But stick with U.S companies with atleast 1 billi...