I suppose Rich's approach, vigilance, awareness and diversification is about the best you can do.

The other diversification strategies are not relevant at this time. 

RE is a non-correlated asset class that could help with diversification and long-term wealth building.

But by diversification of areas, and by thinning the herd, you can have properties in different areas, different towns and you can jettison under performing properties along the way.4.

Also, I've been funding the 401k to the max since I started working, so my diversification into stocks should be sufficient.J Scott Yep, I work in high-tech!

I am trying to talk her into diversification but it's tough right now.  

This gives you diversification, community support and potentially a good chunk of change if the business is successful.

I'd also be keen to find out peoples opinions on whether Houston has enough diversification in the job market or if it's too dependent on the oil industry and if that gets replaced/winds down in 25-60 years (a debatable point I know) would the housing market still stand up or would you get another Detroit-like scenario where the demise of the car industry destroyed house prices?

What's your take on the job growth and industry diversification in Fort Worth?

I see this model offering a diversification of markets; Homes and Food being two things that people need in any economy.