In esscence, its a workaround in elements that will accomplise the same thing (turning the area inside your slection a semi-opaque red so that you can see what part of the image you have/have not, selected) in Premiere Elements just like the 'Quick Mask' does in Photoshop.
What's the advantage? It allows me to see my image while i'm working.
After my selection I used the 'refine edge tool' (per the procedure) to make the edge of my selection look better ( I had selected the number '5' in the pic show below).
However, in one-of the final steps of the procedure it states to "Click the Output To: menu and set it to Selection " (which is circled in green in the pic below). Problem being, 'Selection' is not an available option (grayed out).
Not sure what i'm doing wrong. Hoping someone with a whole lot more experience can give me a little guidence.
Thank you for your time. I really appreciate your help in guiding me thru the last few steps of this process.