The Problem with Investing in Timber

Published: Nov. 10, 2018, 1 p.m.

On this week’s Hanson McClain’s Money Matters, Scott and Pat talk about the problem with timber as an investment and the importance of diversification.

Scott and Pat take a call from a man who wants to know if he should take his pension as a lump sum or as a monthly annuity. A caller has a mortgage of $500,000 and wants to know if she should use her 403(b) to pay it down. A 50-year-old police officer would like to retire and wants to know if he should use his retirement savings to pay off his mortgage. A caller lost his wife and needs advice on what to do with the proceeds from a life insurance policy.

Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com.