Preparing for the Worst From Europe
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
The European Summit is being held on Thursday and Friday of this week, and there's a lot of uncertainty around the eurozone at the moment. Yesterday, the Dow Jones Industrial Average was down 1.1%, and the S&P 500 was down 1.6%. That was the third down day out of the last four for both indexes. David thinks investors should plan for a possible bad outcome in Europe, and recommends a strategy of "prepare, plan, and pursue." In other words, investors should prepare themselves for volatility. They should plan their investing strategies. And finally, they need to pursue a long-term strategy that they believe in. Ultimately, investors will need to have courage to buy when fear is in the market.
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The article Preparing for the Worst From Europe originally appeared on Fool.com.David Meierhas no positions in the stocks mentioned above.John Reeveshas no positions in the stocks mentioned above. The Motley Fool owns shares of Intel and MAKO Surgical.Motley Fool newsletter services recommendIntel and MAKO Surgical . Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.