Rising inflation has made it impertinent for investors to reassess their wealth-building strategies. Traditionally, savings accounts were a common choice for safeguarding earnings and growing wealth. However, the current inflationary environment renders this approach insufficient.

Traditional savings accounts often present limited growth potential. Interest rates on these accounts tend to be lower than those offered by dividend yielding investment options. For instance, a typical savings account offers about 4.2% interest rate while investments in the capital market can offer interest rates up to 20%, depending on the type of assets, market conditions and monetary policy changes.  

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