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6 Subtly Genius Ways You Can Grow Your Wealth by the End of the Year
Yahoo Finance· 2025-09-15 12:03
Core Insights - Wealth is defined not just by monetary value but by a strategy of saving and investing that leads to financial security [1] - True wealth can manifest in various forms beyond bank account balances, including physical assets and investment returns [2] Investment Strategies - Investing in high-yield savings accounts is recommended as a way to earn higher returns compared to traditional savings accounts, with the added benefit of lower risk [4][5] - Allocating a percentage of monthly income to high APY accounts can help in building an emergency fund and growing wealth [5] - Diversification is crucial for wealth growth, with real estate investment trusts (REITs) being highlighted as a lucrative alternative investment option [6][7] - REITs provide a means to invest in real estate without direct property management, offering a consistent stream of passive income [7]