Getting a deed for a foreclosed home by just paying the back taxes is possible, but usually requires a little extra cash ($200 or so). Here’s the easiest and cheapest way to get those deeds, outside the auction, and with very little competition.
Diversification in investment is a risk management technique. It mixes a wide variety of investments within a portfolio. It is the spreading out of investments to reduce risks. Because the fluctuations of a single security have less impact on a diverse portfolio, diversification minimizes the risk from any one investment.