Portfolio Diversification Strategies for Lowering Risk

The author describes a personal investment approach centered on portfolio diversification to reduce risk. They prefer to invest in companies with a history of dividend increases and high yields, owning around 34 investments. The Motley Fool recommends having 50 stocks for diversification, but the author emphasizes the importance of owning a variety of assets across different sectors. Utilizing mutual funds and exchange-traded funds, the author effectively diversifies their portfolio while balancing income and capital appreciation.