I call shenanigans on CNN money. They recently posted an article about what to do if you have $1000 lying around. Give the uncertain economic picture you should spend it. Here are some of those 15 things they suggested you do with it.
#1 - hit the Electronics store
#3 - stock up on coffee and cotton
#5 - buy wine
#14 - hire a investment manager
#15 - join a number of memberships
Shenanigans, shenanigans, shenanigans! I took their advice last night I went to Costco with my new investment manager, liquored up and high on caffeine he helped me pick out a 52 inch plasma TV and 72 pair of tighty whities. They did however have a number of practical recommendations on their list including:
#7 - boosting your college fund
#8 - deposit in a high yield saving account
#9 - invest it
#12 - boost your retirement fund
Overall I thought half of their list was good advice, the other half felt move like a Letterman top ten list. If you want an even better laugh you should see their what do do with $50,000 list. #3 was my favorite - Buy a sweet ride. Shenanigans!
If you where handed $1000, what would you do with it?