消逝的定存高息：有人5万存五年，利息少近7000元

Group 1 - The article highlights the shift in residents' savings behavior from traditional bank deposits to non-bank financial markets due to declining interest rates, with a notable decrease in bank deposit growth for the first time this year [1][3][27] - The People's Bank of China reported that household deposits have fallen below seasonal growth for two consecutive months, while deposits in non-bank financial institutions reached a record high in August, indicating a migration of savings towards investment products like securities and funds [1][27] - The article discusses the generational differences in financial strategies, with older generations favoring traditional savings and younger generations exploring diverse investment options, reflecting a broader trend of adapting to low-interest environments [3][9][10] Group 2 - The decline in interest rates is exemplified by the reduction of five-year fixed deposit rates from 4% to 1.3%, significantly impacting the returns for savers [5][6] - The article notes that many individuals are now seeking higher-yielding financial products, such as "fixed income plus" bank wealth management products, which combine fixed income assets with equities to enhance returns while managing risk [13][17] - The increasing popularity of ETFs among younger investors is highlighted, as they seek to diversify their portfolios and achieve better returns in a low-interest-rate environment [24][29] Group 3 - The trend of "deposit migration" is supported by data showing a decrease in the growth rate of household and corporate time deposits, as well as increased activity in the capital markets, such as a 29% rise in average daily trading volume in A-shares [27][28] - The article emphasizes that the low-interest-rate environment serves as a push factor for deposit migration, while the performance of capital markets provides a pull factor, driving residents to seek higher returns [28][29] - The ongoing changes in residents' risk preferences and investment behaviors are influenced by macroeconomic conditions and the performance of various asset classes, indicating a gradual shift in financial strategies [29][30]