There are several different ways of making a border. One of the fastest ways is to Select All (Ctrl A), make a new layer, select a foreground color go to Select>Border and give it a width. This will make a feathered border in the foreground color .
Another way is to Select All again make a new layer, select your foreground color, select a brush size (soft or hard edged), go to Edit>Stroke, give the size you want and choose inside for the position of the stroke relative to the marching ants selection and hit OK. Since it is on its own layer, you can then add a Gaussian blur to give it some personality.
There are any number of other ways to make simple or more complex borders. I usually just play around with making different selections and trying different things. You could make the selection you make above into a path and then stroke the path with all sorts of brush shapes and sizes. When you make the selection into a path, you can then stroke that path with circles, stars, leaves, whatever you want. Just go crazy.
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PSP has an easy way to create a border around a photograph but I can’t seem to find the way to do that in PS CS. Is there a way to do this? I did a help search on "border" and did not come up with anything.
Thanks