Streetwise: Giving to needy guarantees exceptional returns

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It is that time of the year again -- the time for holiday parties, gift giving and a good time to be had by all ... well, maybe not all. There are many for whom the adversities of life, not to mention the economic downturn, have wrenched away most, if not all, of the holiday spirit.

Yes, many of you know what is coming next if only because I have been an orator of the same discourse for more years than I can readily recall. Yet, the need for the message is so compelling it bears repeating each and every holiday season.

So, if you are among the faithful, please sit back; pour yourself a glass of eggnog and think of it as a refresher course. For new readers, this is the one time of the year when I stray a bit from my normal investment fare in order to show you how to achieve some guaranteed exceptional returns. No, it is not the list of stocks I promised to give you this week. That will have to wait a week or two. However, the following will provide you with some excellent returns.

The story begins with the concept of compounding. It is 1947, in Los Angeles. Diane Hendricks has created a handmade Raggedy Ann doll that she wants her husband Bill to give to any organization in the area that would forward it on to a needy child. Unfortunately, Bill was unable to find such an organization.

As luck would have it, Bill was also Maj. Bill Hendricks, a Marine Reservist. He and his fellow reservists proceeded to collect and distribute 5,000 toys to needy children.

Their campaign was so successful that the Marine Corps officially adopted "Toys for Tots" and expanded it into a nationwide effort. Their mission is the same today as it was back then -- to bring holiday joy to America's needy children.

Toys for Tots received an added boost because in civilian life Mr. Hendricks was also the publicity director for Warner Brothers. Therefore, he was able to persuade Walt Disney to design the Toys for Tots logo that still in use today.

The investment of one Raggedy Ann doll, in the life of one child 65 years ago, is today the Toys for Tots Foundation; a nonprofit that has collected and distributed more than 370 million toys to more than 173 million needy children. This charitable endeavor has made the Marines an unchallenged leader in looking after needy children during the holiday season.

Do you see what compounding can do?

This is the one and only time that I actually recommend a specific investment, an investment that will pay dividends far in excess of what you will receive on Wall Street.

Yes, the call for help is never ending. Still, try to imagine what it must be like for a child not to receive a gift this holiday season. Right now there are more than 13 million children living in extreme poverty, and the number has increased by 2.5 million over the past 10 years.

According to the National Center for Children in Poverty, another 16 million children live in very low-income families that are ineligible for public aid. You are going to fight the crowds anyway, so please take the time to purchase at least a small toy or two for a local charity or the Toys for Tots program.

Oh, one other small favor. When you are out shopping, you will no doubt notice the volunteers ringing a bell to try to get your attention.

Instead of just walking by, take a moment to pause and reach into your purse or pocket. No, do not reach for the coins. Please, dig a little deeper. Work your way down to where you keep the folding stuff. Find that picture of old Abe Lincoln and drop it in the pot.

Finally, in the event no one takes the time to express his or her appreciation for your efforts, let me -- Thank you.


Lauren Rudd is a financial writer and columnist. You can write to him at LVERudd@aol.com. Phone calls accepted between 9 a.m. and 3 p.m. at 1-941-706-3449.

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