Misconceptions about high income and wealth, and options for generating passive income

Many of us got poorer in 2023, amidst a cost of living crisis that saw grocery prices, interest rates and rents surge. But there’s a group that still managed to get wealthier on the back of a rising market: investors. 

So with conditions expected to ease up, it’s time to look at how the rest of us can get on the same trajectory. 

This week, The Briefing team brings you a five-part series on how to sort out your financial life in the new year. 

In this episode, Bension Siebert is joined by the Motley Fool’s chief investment officer, Scott Phillips, to share his best tips on how to get rich in 2024.    

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