FANG Stocks and the Importance of Diversification

On this week’s Hanson McClain’s Money Matters, Scott and Pat talk about how the FANG stocks (Facebook, Apple, Netflix, and Google) have been carrying the market and how the bond market is responding. They also touch on the importance of diversification.  Scott and Pat take a few calls on whether or not to pay off the mortgage. They take a call from a woman who is currently retired and wants to know if she should pay off her mortgage or not worry about it. And a caller who has a variable interest rate and wants to know what’s the best way to pay off her primary home.