I live in California, which has pretty sane knife laws if nothing else. any type of hiking or serious foraging I do I wear a fixed blade knife on the belt of my marmot bag. since no non-switchblade folder is illegal regardless of edges and blade lengths, I wear what I'm comfortable with for what I'm doing.
I also often have a hori-hori on me as I use it for work, and since it's technically a knife and fixed, I wear it pretty prominently. The only tweak thing the DAs seem to manage on knife convictions is trying to claim a fixed blade was concealed after someone proves to them that it's not illegal to carry openly.
But, to address the question- My SOG government or my Meula Ranger are on my hip when I'm out, and the other one is in bag if I'm going very far out. I also have and SAK that's just always there. Nothing else, as I don't get a lot of benefit from having 4 knives for every purpose, and weight matters after several miles on a trail. The exception is a decent hatchet, if I'm going out into the brush for real. I use mine a lot.