Preview Mode Links will not work in preview mode

Sep 27, 2016

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!