Obamacare has sent business owners and investors everywhere looking for answers about how to protect their portfolios from massive uncertainties.
In the following video, Jeremy Phillips says his strategy for avoiding the pitfalls of decisions like Obamacare are to invest in companies that will thrive from one political cycle to the next. While it's tempting to buy a company that could soar on a single political decision, it's no way to invest and a sure way to destroy your wealth.
Watch the video for one company that fits this mold.
Or if you'd like something a little more exciting in your portfolio, The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: "The Motley Fool's Top Stock for 2013." Just click here to access the report and find out the name of this under-the-radar company.
The article Prevent Obamacare From Destroying Your Portfolio originally appeared on Fool.com.
Austin Smith and Jeremy Phillips own shares of Colgate-Palmolive. The Motley Fool owns shares of Papa John's International and Sturm, Ruger Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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