what should i do with $1,000?

Answer 1

Pay off debt. If you have no debt, put the money in a high interest savings account.

Answer 2

I would do the first of the following things that applies to your situation:
1) Pay off any debts (other than a mortgage) that have an interest rate higher than 6%.

If you don't need the money until retirement:
2) If you have a job that offers a 401(k) plan, put it in there.
3) If you have any job, put it in a Roth IRA.

If you don't need the money for at least 5 years:
4) Invest it in a mutual fund that tracks a major stock index (e.g. S&P 500, Mid-Cap 400, Russell 2000)

If you DO need it within a few years:
5) Pay off any debts (other than a mortgage) that have an interest rate higher than 3%.
6) Put it in a CD that matures just before you will need it.

Answer 3

If you're at a real loss you could send it to me. I need a vacation! ;)

Answer 4

spend it?