Peru's benchmark IGBVL index is up 215% from the Financial Crisis lows.
Conventional wisdom on Argentina: Risky.....volatile.....default at any moment....don't wanna invest there....never make any money there....avoid the local market
Argentina's benchmark Merval index is up over 240% from the Financial Crisis lows.
Never forget that most advice you receive on LatAm finances is laden out by complete dumbasses.