Abstract: A hollow handle accommodates a reversible shaft with a different functionality at each end. According to the preferred embodiment of the invention, a first end of the shaft is configured with an integral telescoping magnetic pick up tool, and a second end of the shaft is adapted to receive modular double-ended screwdriver bits. The reversible shaft is retained within the handle by a conventional spring loaded ball configuration located at the mid-point of the shaft and is prevented from rotating within the handle by preferably two wings projecting radially outwardly from the shaft. The spring loaded ball and the two wings are retained within a corresponding recess and two co-operating slots, respectively. The recess and slots are defined in a metal sleeve molded into the handle.