This is why we should never give up on international stocks.

International stocks have not performed well over the last two decades. However, let's not forget that the International Small Cap Index compounded at an annual rate of 30.3% from 1975 to 1989. During the same period, the S&P 500 compounded at an annual rate of 16.16%, while the US Small-Cap Index compounded at 22.22% annually. A $10,000 investment would have grown to $530,000 in the International Small Cap Index, $94,500 in the S&P 500, and $203,000 in the US Small-Cap Index.