It's not at 1740. It closed at 28K last week. Peak was like 38K. Unless you stopped investing completely after the peak you'd still have done alright in the Nik

It's not at 1740. It closed at 28K last week. Peak was like 38K. Unless you stopped investing completely after the peak you'd still have done alright in the Nikkei. Not anywhere near as good as US stocks, but it would still be better than sitting in cash... especially after dividends. It's now above any point through 1991-2020. Yes still down from the absolute peak, but if you consistently invested throughout those years you'd be well up at this point. But I do think it shows the importance of being diversified. It is recommended to allocate a certain percentage to international stocks. We shouldn't assume the US will continue being the leading market.