>>29918502
Depends on your competence, for a good stock picker, growing your money like you've been doing can be the best defence. But for people who don't want to do the DD or what less risk, diversification will protect your assets from large swings. A safe yield above 5-6% is a hard thing to find, unless a prior has grown into it. TD pays 4%, then you could run covered calls. Hard assets like pipelines typically give 5-6%, and act as the countries necessary infrastructure. They've got a huge regulatory moat around them. Your telecoms might be a good place. Otherwise, if you can get a 10% return on capital doing what you do best, take the 10% return off the table and pay yourself a dividend annually.