Derm I love your sentiments "You should have bought American." but there is also much reason to be careful buying only US stocks right now.  The US financial position is abysmal, underscoring not only more reason to diversify, but also more reason to position some of the diversification into International markets, precious metals, and etc.  I am a proud American (wearing such a t-shirt tonight), but am not happy with the fiscal position we have allowed our politicians (our own fault) to put us in.  The value of our dollars is eroding daily.  Not to mention the reason many manufacturing jobs went overseas in the first place, is because we shot ourselves in the foot.  Just another piece of the puzzle for us all to keep in mind for the safety of our financial planning environment.