What to do with my money? need good advice for future?

For now, just start with a savings account. When you get a $1000 then talk to your bank/credit union about a CD or something more long term. A great first step in financial security and saving for the future is to have 6 months of expenses saved. Being that you are young and you probably don't have many expenses, start saving for when you do. Make a target like $10,000 and by the time you get their you will have those expenses... then you can move on to more complex financial products.

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There is always risk involved with investing money. But a good start would be to put the $500 dollars into your savings account, and then just keep adding money to it.. Keep enough in your checking accout so you can pay for stuff, and to also pay for emergencies that come up so you wont be temped to touch what is in your savings. good luck.

Invest in Canadian oil sands. Warrent buffett and bill gates were just there with the prospect of investing in this new energy

Buy a good penny stock like CIGX and let that money ride until it doubles or triples and then cash out. PIP is another good one.

well interest is low try to out it in a cd

You should continue to save. There are only two investment areas (positive growth after the subtraction of taxes and inflation from your interest). One is real estate and the other is stocks. You have to pay fees when you buy and sell so the more you put in at a time, the less the fees will eat up your principal. With stocks you should start at around $2,000. With real estate you should start in the tens of thousands. Also don't forget the 3 to 6 months you will need for emergency funds. Getting laid off from work with debt is bad. When you buy, buy in bad times like now. When everyone is out of stocks and real estate, that's the time to buy. During the Great Depression a person bough one million shares (in different companies) at about a dollar a share or less. After the Great Depression ended, he was a multi billionaire. When you sell, sell during good times because that's when everybody that wants to be in is in.