1$('#myElement').click(function() {
2    location.reload();
3});

1In general, if you don't know how something works, look for an example which you can learn from.
2
3For this problem, consider this DEMO
4
5You can see loading content with AJAX is very easily accomplished with jQuery:
6
7$(function(){
8    // don't cache ajax or content won't be fresh
9    $.ajaxSetup ({
10        cache: false
11    });
12    var ajax_load = "<img src='http://automobiles.honda.com/images/current-offers/small-loading.gif' alt='loading...' />";
13
14    // load() functions
15    var loadUrl = "http://fiddle.jshell.net/deborah/pkmvD/show/";
16    $("#loadbasic").click(function(){
17        $("#result").html(ajax_load).load(loadUrl);
18    });
19
20// end  
21});
22Try to understand how this works and then try replicating it. Good luck.
23
24You can find the corresponding tutorial HERE
25
26Update
27Right now the following event starts the ajax load function:
28
29$("#loadbasic").click(function(){
30        $("#result").html(ajax_load).load(loadUrl);
31    });
32You can also do this periodically: How to fire AJAX request Periodically?
33
34(function worker() {
35  $.ajax({
36    url: 'ajax/test.html', 
37    success: function(data) {
38      $('.result').html(data);
39    },
40    complete: function() {
41      // Schedule the next request when the current one's complete
42      setTimeout(worker, 5000);
43    }
44  });
45})();
46I made a demo of this implementation for you HERE. In this demo, every 2 seconds (setTimeout(worker, 2000);) the content is updated.
47
48You can also just load the data immediately:
49
50$("#result").html(ajax_load).load(loadUrl);
51Which has THIS corresponding demo.