SP500 vs Global Index for Long-Term Investing

I've been considering these two options (VOO and VT, or even something like CSPX and VWRA, which are Ireland-domiciled, to take advantage of the tax benefits since I'm from Latin America) for my long-term retirement portfolio. Personally, having diversification outside the US through a global index gives me more peace of mind, although on the other hand, if the US economy is affected, other economies also tend to be affected. On the other hand, the SP500 has historically had slightly higher retu

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