Q.

Instead of just leaving my money in the bank I would like to invest it into the stock market -most likely managed funds. I am 22 years old, have about $10,000 and I earn $55,000 a year. When would be the right time to invest this year? Should I take out a margin loan? People tell me I should wait until the end of the year due to the shake up over the past months.

There's an old saying "nobody rings a bell at the top or bottom of the market", but as you have 60 or 70 years on your side, there is no reason why you can't take a long term view. One strategy is to invest a set sum each month because then if the market continues to fall, you will be buying more and more units every time. Then when the inevitable recovery comes, you will find that you have bought close to the bottom.