Portfolio in need of a drastic deep clean

Keith is 76 and has been investing for 60 years, accumulating a portfolio worth £186,000 spread across 57 holdings in direct company shares and investment funds.

He says: "To cover my living expenses, I do not need anything because I have a surplus of income over expenditure. However, the income to be generated from the portfolio is 5 per cent, which will include income generated from selling down growth."

"I never accept tips at face value because I believe public sentiment is an important aspect of a trading decision."

Keith has £43,000 in cash in his investment portfolio, plus £30,000 cash in individual savings accounts that he intends to invest.