Carolers are caroling. Jingle bells are jingling. And the stockings are hung by the fireplace with care. The holiday season is officially here. While it’s easy to get wrapped up in all the hustle and bustle, it’s important to recognize the true meaning of Christmas and the holidays.
And that could be helping your fellow man.
It’s no wonder why charitable giving rises during the holiday season. And that’s great news for the thousands of charities and nonprofit organizations out there. Even better is that it can be great news for your portfolio as well. For investors, charitable giving should be part of everyone’s financial plan – especially considering the market’s recent gains.
A Power Portfolio Play
More than two-thirds of all Americans donate something to charity each year. For many though, that stops with a few dollars here or there, or rounding up their grocery receipt to help the local food bank. And that really is great. Anything is better than nothing. But what we should be doing is thinking about giving as a portfolio play. The real beauty is that you don’t need to be a Rockefeller or a Vanderbilt to make that happen. Anybody can benefit.