Dan Caplinger Articles

Last 50 articles...

Today's Market

updated 5 hours ago Sponsored by:
DOW 17,050.75 138.46 0.82%
S&P 500 2,013.43 17.60 0.88%
NASD 4,810.79 19.64 0.41%

Community: Investing Wiki

Term Of The Hour

tiered bank account: Original post by Karen Farnen of Demand Media The APY, or annual percentage yield, describes the actual interest you earn on your savings account, taking into account how often the savings institution compounds the interest. For example, if an institution compounds your interest daily, you will earn more in a year than if it compounds the interest monthly or quarterly. In certain cases, the amount…

Want to learn more or edit this definition?
Click here to read more!