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I've got some money in a SEP-IRA, which is in an on-line brokerage account. I'd like to put some of the money into a "bank-like" product that pays out a fixed interest rate like a CD. My online brokerage doesn't allow SEP-IRA money to go into their bank products, and I don't think others will either (correct me of I'm wrong).
So my question is, is there something I can put my money into that is available to an online brokerage that pays out interest and there is no risk of losing money? I know right now that interests rates are very low, but I'm not being greedy. I just want part of this money in stocks/mutual funds/etc and part of it where there is no chance of losing it.
I am pretty dumb when it comes to investing. Any help would be appreciated.
So my question is, is there something I can put my money into that is available to an online brokerage that pays out interest and there is no risk of losing money? I know right now that interests rates are very low, but I'm not being greedy. I just want part of this money in stocks/mutual funds/etc and part of it where there is no chance of losing it.
I am pretty dumb when it comes to investing. Any help would be appreciated.
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