OP asks: > What is the sign (+tive/-tive) of the third order central moment of a positive linear combination of log-normal random variables` Let $Z = a X + b Y$. Then, for any random variables $X$ and $Y$ that are _independent_, it can be shown that: $$\mu_3(Z) = a^3 \mu_3(X) + b^3 \mu_3(Y)$$ where $\mu_3(W) = E[(W-\acute\mu_W)^3]$ denotes the third central moment of any random variable $W$ whose moments exist, and $\acute\mu_W = E[W]$. If $X$ is a Lognormal random variable, then: $$\mu_3(X) = \left(e^{\sigma ^2}-1\right)^2 \left(e^{\sigma ^2}+2\right) e^{3 \mu +\frac{3 \sigma ^2}{2}}$$ is strictly positive, and similarly for $Y$. Thus, if $a$ and $b$ are positive, it follows that $E[(Z-\mu_Z)^3]$ is positive.