Back to basics: How to build a portfolio

Figuring out which funds to buy is overwhelming for even the most experienced investors – but as a beginner, it’s important to understand your options so you can make the right decisions. Funds editor Val Cipriani is in the studio with personal finance editor Holly McKechnie to break down the process. First, the duo explains what a fund is, the three main types, and why they are a good option to kick-start your investment journey. Val then dives into the difference between stocks and bonds, while also helping you to understand risk tolerance and how to figure out what kind of investor you are or want to be. Before rounding off, Val gets into the nitty-gritty of portfolio-building best practices. From keeping it manageable to controlling your costs, Val and Holly have you covered. If you want to get started, you can check out our Top 50 funds here. Timestamps 00:00 Intro 00:45 Why a fund is a good option for beginner investors 04:32 The different types of funds 13:30 How to build a portfolio and decide your asset allocation 17:36 Understanding active funds Listen to episodes of Women & Wealth by clicking here or on ACast, Apple, Spotify or YouTube. If you have any questions you’d like the duo to answer, email [email protected] or [email protected] Investors' Chronicle has supported private investors in the UK for over 160 years by highlighting rewarding investment opportunities. Investors' Chronicle is a service by the Financial Times. Hosted on Acast. See acast.com/privacy for more information.