3 Reasons Investors Should Ignore the Doomsayers

The global and U.S. economies aren't as feeble as many of the scarier headlines proclaim.

By Jeffrey R. Kosnett, From Kiplinger's Personal Finance, October 2014

A reader named Bill just e-mailed me to ask if he should dump some holdings. “I’m worried about all the things going on in the Middle East, Russia and Israel,” he wrote. Beyond his general concern, he specifically asked whether he should retain his positions in Occidental Petroleum (symbol OXY) and Dodge & Cox Income (DODIX).