I am 22 years old, and am recieving app. $1000 for my tax return. debating what type of small investment 2 do

Put it in a Roth IRA, in a good growth mutual fund. 45 years of growth could turn it into $125,000.

try internet cafe or coffee bar

investing gives you no gaurantee for a return. The safest thing to do and be sure you make some money from it..buy some EE bonds.

Look into opening a Roth Ira, If you qualify, this is an excellant start. A stock which indexes the market like QQQQ will spread your investment amongst a wide variety of companies (not all eggs in one basket), while avoiding a mutual fund's manager's fees.

If I had a chance it would always be some sort of land or other real estate. Look for tax sales and foreclosures. If you can you can sell in a few months or rent. Either way at least in Florida it is a real buyers market and people willing to make deals. or put it in a 6 month CD or the likes.

Put it into a cd (certificate of deposit). You get a better interest rate than a savings account, and you can always take it back out if you really need it.

If you do not have a retirement account at work, research IRAs. These are like regular investment portfolios but with tax advantages. All IRAs grow free of tax. You can invest in the stock market or in CDs at your bank.

Traditional IRAs come with a tax deduction (usually), so your $1,000 investment might only cost $900 or $850 or less. You only pay tax when you withdraw which usually cannot be before you reach 59 1/2 years old. There is a 10% penalty on top of the withdrawal if you withdraw early.

Roth IRAs do not get a tax deduction but are tax-free when you take the money out. You have to leave the money in for at least five years.

If you are eligible to join a pension plan at work, there are restrictions on how much you can invest in a tax-favored account. See the link below as a starting point for more information.

If you think you might need the money at some point in the near future, a savings account at a bank or credit union is a good idea. Credit unions tend to offer better rates than for-profit banks, although you can get good deals with online banks. Just make sure they are reputable.

You are making a wise choice investing your refund. Anyone who gets a refund should be investing because one should never rely on tax refunds to pay bills.