Recently retired investor. Portfolio divided into a Ballast portion managed professionally and an Income portion managed by me. Invest in higher yield issues hoping to offset risk with research. Diversification within that area is important with investments in 8-9 categories and 40 plus issues. Discipline is that no single issue be more than 3.5% to 4.0% of both Income Portfolio Capital and Income Portfolio Dividend Base. Developed approach over a 12 year period. Trade from 0 to 10 trades per day taking advantage of price movement impact on dividend yields. Research is focused on cash flow coverage of dividends.