As the new year begins, many investors may be wondering how best to invest their money in 2024, given the uncertainty markets face as interest rates remain at multiyear highs. Thomas Heller, the chief investment officer of Switzerland-based Belvédère Asset Management , says his first piece of advice to clients with a long-term view is to stay invested regardless of the current macroeconomic conditions. “Be invested. Not being invested, in my view, is the biggest investment mistake one can make,” Heller told CNBC Pro from Zürich. “My experience is more that [investors] have [cash] on the cash account because they just simply don’t know what to do or ignore it. It’s not an active position,” he explained. Heller, whose firm typically serves clients with about $1 million in investible assets, added that earning a higher interest rate on cash balance shouldn’t be an excuse to delay…
