Why The Wealthy Own Timberland

Other than oil and natural gas, guess what is the most widely owned commodity by the wealthy? As the headline gives away, it is timber.

Among households with over $2.5 million in investments excluding their primary residences, the average allocation to timber is almost 8%. Although timber does seem to be something of an all-or-nothing investment selection. A slight majority–about 62%–own no timberland rights at all. But of those that do, the average allocation to timber investments in their portfolio is almost 17%.

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