Low bond rates have pushed many investors to try new things, but at a cost and with some extra risk–The Wall Street Journal reports that preferred stocks have seen rising demand at almost precisely the wrong time, with investors apparently forgetting that preferred stocks lost 9% in 2007, 38% in 2008, and lost 7% in 2011. Some analysts say preferreds are at their riskiest point in history. Steve and Sinclair have the Wall Street Journal report, then Steve does a consumer review on an annuity article found on CNN Money!
