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In this video from Saving School, five investment strategies for building wealth in 2023 are discussed. The first strategy is to invest in index funds, which are mutual funds that track specific stock market indexes, such as the S&P 500. Index funds provide exposure to a broad range of stocks, allowing investors to benefit from the overall market performance. Known for their low fees and diversification, index funds are suitable for investors at all levels and can help build a well-diversified portfolio aimed at long-term financial success. The video encourages viewers to subscribe and stay updated on investing tips and advice.