Wrong!You\u2019ve heard,\u201cDon\u2019t bet against the United States\u201d or \u201cThe U.S. is the global epicenter of capitalism.\u201dWhenever I say the same things, some silly person always comes out of the woodwork and asks, \u201cWhat about the Nikkei 225 stock index of Japan? After three decades, it still hasn\u2019t reached its 1989 high! Huh? Huh!\u201d. As if the investor in the U.S. isn\u2019t making regular investments or dollar-cost averaging into the U.S. markets (not to mention, reinvested dividends \u2014 and lower inflation in Japan\u2019s case). And because of globalism, if the U.S. goes down, there would be a long-term global downturn.While it\u2019s possible that the U.S. market will end up like Japan, you shouldn\u2019t invest in mere possibilities. You also shouldn\u2019t just seek to avoid losses; instead, you should also seek to maximize gains. By the way, imagining something doesn\u2019t entail that it\u2019s conceivable. With even greater force, imagination doesn\u2019t entail possibility.Also, I don\u2019t know how the U.S. is anything like Japan. That\u2019s not to say that the U.S. couldn\u2019t end up like Japan. But the person who cites Japan needs to give us reasons to think the U.S. is similar to Japan. Simply screaming that they are similar is not an argument.We know that it\u2019s possible for the U.S. to have a long-term downturn because it has happened to the U.S. before \u2014 The Great Depression (i.e. whatever is actual is possible). So, a better comparison would be to compare the U.S. to the U.S. of the past: a worse comparison would be to compare the U.S. to Japan. Recently, adjusted for inflation, the U.S. markets didn\u2019t go anywhere from 2000\u20132015.There are advantages to investing domestically. You don\u2019t have to worry about currency risk, taxes, information asymmetry, etc. But, if one were to go all-in on one\u2019s own country, they need\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Wrong!You\u2019ve heard,\u201cDon\u2019t bet against the United States\u201d or \u201cThe U.S. is the global epicenter of capitalism.\u201dWhenever I say the same things, some silly person always comes [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/4672"}],"collection":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/comments?post=4672"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/posts\/4672\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/media?parent=4672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/categories?post=4672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/fr\/wp-json\/wp\/v2\/tags?post=4672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}