Investors often overlook inflation. We may take into account what our projected returns might be, but we don't look at the purchasing power that amount of money will have by the time we want to spend it. That's why Fool.com contributor Chuck Saletta has put together a portfolio stacked against inflation. His Inflation-Protected Income Growth portfolio is made up of companies that pay strong dividends and keep upping them, and have the staying power to do so over the long run, companies such as J.M. Smucker (NYSE:SJM), Teva Pharmaceutical (NYSE:TEVA) and United Technologies (NYSE:UTX).
Austin Smith has no positions in the stocks mentioned above. Chuck Saletta owns shares of The J.M. Smucker Company, United Technologies, and Teva Pharmaceutical Industries. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.