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I'm about to put some more money into my annuities. I'm very risk adverse and don't seen any place to put money right now. I currently have bonds (individual, not in a fund), preferred shares and cash. Is there any other ultra conservative investments I'm overlooking?

Hi, I am looking for a smooth ride. My spouse and I are 45. We manage our money separately. My current portfolio is: Preferred shares total - $581,741 Annuity total - $553,330 Bonds total - $804,634 Mutual Funds total - $359,995 I-bonds - $15,000...