Hi guys I posted this on the Under 30 thread and didn't get a response so thought I'd try here. My situation: 22 and final year of studies, living at home currently. Casual jobs but so far this year saved about $500/month. I'm planning to go travelling for a fair chunk of next year so most of my $20K savings is going on that. My plan is long term so I've been co-contributing to my super and expect to be working maybe late 2010/2011. Assets: $20K in high savings a/c 502 AMP shares, a bit from demutalisation and SPP to try to dollar cost out $10K in Macquarie Flexible Investment Managed Growth Fund MAQ0014AU dollar cost averaging and reinvesting dividends since Nov. 08 now worth $11420. I'm pretty happy with that performance, how does it measure up? My questions: 1. I see a lot of people invest in different funds across sectors. Is this common and isn't the fees high? 2. Margin lending: I'm looking at gearing to a 50% LVR and capitalising the interest. How sustainable/recommended is this with the lack of a regular income? (If lenders will even approve me). Again I'm familiar with the concept of capitalising but probably not detailed enough. Like I said I'm not too concerned with the short/medium volatility and am looking at 7+ years time frame. Is my financial position recommended for a margin loan? For me I just think the way the market is going it would be a great opportunity to get in now. Thanks!