The pursuit of financial freedom and a 6-figure net worth is a goal shared by many. While there are numerous investment strategies available, stocks for building wealth have long been a powerful tool for wealth creation.

The key to successful investing lies in identifying companies that demonstrate strong growth potential, solid financial health, and a competitive edge. However, approaching the market by investing in individual stocks is not the only prudent strategy. Investors can leverage investment vehicles like mutual funds and exchange-traded funds (ETFs) for a more passive approach. But if you’re willing to get your hands dirty and put in some extra work, there is certainly potential to outperform the…