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In this video from Saving School, the focus is on five investment strategies to build wealth in 2023. The first strategy highlighted is investing in index funds, which are mutual funds that track specific stock market indices like the S&P 500. Index funds offer broad exposure to the stock market, benefiting investors from overall market performance. They are characterized by low fees and diversification, making them suitable for investors at all levels. By investing in index funds, individuals can create a well-diversified portfolio aimed at achieving long-term financial success. Further details on index fund investing are also discussed.