Over the two decades preceding 2026, $1 invested in the S&P 500 grew more than eightfold, but missing just the ten best trading days would have cut returns to less than half of the fully-invested outcome.

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• SLarry Fink's 2026 Annual Chairman's Letter to Investors direct_measurement
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  locator: Opening section, on staying invested

  “Over the past two decades, every dollar invested in the S&P 500 grew more than eightfold. Miss just the ten best days, and you would have earned less than half.”