Announcer:                        00:00                     You’re
tuned in to the Investing for Beginners podcast. Finally, step by step premium
investment guidance for beginners led by Andrew Sather and Dave Ahern. To
decode industry jargon, silence crippling confusion and help you overcome
emotions by looking at the numbers. Your path to financial freedom starts now.

Dave:                                    00:36                     All
right folks, welcome to Investing for Beginners podcast. This is episode 118 we
are back with another session of answer question mode. We got some other
fantastic questions. You guys are sending us some great stuff, and this was a
lot of fun. So Andrew and I get to answer some questions and try. I hope you
guys weren’t a thing or two. So I’m going to go ahead and read our first
question and Andrew and I, we’ll do our little give and take. So, first of all,
it says hi Andrew. I want to start by saying thank you for the time and effort
you put it into your podcast. As a beginner, I can honestly say that every
podcast I’ve listened to so far has been a little pot of gold for gaining
knowledge and investing. I appreciate it. I’m a 21-year-old from the UK who
recently came into some inheritance due to my father passing away unexpectedly.
I’m looking for the wisest ways to invest this and creating a solid portfolio I
can build on.

Dave:                                    01:26                     At
the moment I’ve invested a large sum of money through Hargraves Landsdowne
stocks and shares Isa into Vanguard strategy at 100% equity, which I plan on
keeping it there to grow over the next 10 15 years. But I feel like there isn’t
any anywhere near enough. I have a few questions. I hope you’d be able to find
the time to answer. The first question I hear you talk about aiming for around
20 funds to invest in to minimize any loss. Would you advise that I invest in
20 funds over a course of say two years or aim to invest larger sums of money
into four to five funds over a course of two years and keep adding from the
money, which is returning from the Andrew, what are your thoughts?

Andrew: