Core Viewpoint - The article discusses the decline of traditional savings methods in light of falling interest rates, leading to a shift towards alternative investment strategies among younger individuals, particularly the "New Three Golds" approach, which includes money market funds, bond funds, and gold funds [5][8][32]. Group 1: Decline of Traditional Savings - One-year fixed deposit rates have fallen below 1%, and even demand deposit rates have dropped to 0.05%, prompting a widespread reduction in savings interest rates across banks [5][6]. - The trend of "deposit special forces" is fading as more individuals realize that traditional savings are no longer effective, with many opting to diversify their investments instead [8][9]. Group 2: Shift to Alternative Investments - Young individuals are increasingly turning to the "New Three Golds" strategy, which involves allocating funds into money market funds, bond funds, and gold funds to mitigate risks and achieve better returns [8][18]. - Data from Ant Financial indicates that as of the end of April, 9.37 million individuals from the post-90s and post-00s generations have simultaneously invested in money market funds, bond funds, and gold funds, highlighting the growing popularity of this investment strategy [18][21]. Group 3: Investment Behavior and Mindset - Investors are seeking low-risk, inflation-beating, and higher-yield alternatives to traditional bank deposits, with bond funds and gold being the most frequently mentioned options [18][32]. - The article illustrates a generational shift in financial attitudes, where younger individuals prioritize risk management and diversified investment strategies over traditional savings methods [32][38].

Core Viewpoint - The article discusses the significant decline in deposit interest rates in China, leading to a shift in investment strategies among young people who are moving away from traditional bank savings to alternative investment options like money market funds, bond funds, and gold funds [2][3][4]. Group 1: Decline in Deposit Rates - As of May 20, 2023, the one-year fixed deposit rate has fallen below 1%, and the interest rate for demand deposits has dropped to 0.05% [2]. - The trend of decreasing deposit rates is not limited to large banks; even small and medium-sized banks that previously attracted deposits with high rates are now lowering their rates [2]. - The decline in deposit rates has sparked discussions on social media about the ineffectiveness of traditional savings, with many realizing that the interest earned may not even cover travel expenses [2][3]. Group 2: Shift to Alternative Investments - Young individuals are increasingly abandoning the idea of earning interest from bank deposits, opting instead to diversify their savings into what is referred to as the "new three golds"—money market funds, bond funds, and gold funds [3][4]. - The "new three golds" have gained popularity as they are perceived to offer lower risk, better returns than bank deposits, and the potential to outpace inflation [11][12]. - Data from Ant Financial indicates that as of the end of April, 9.37 million individuals born in the 1990s and 2000s have simultaneously invested in money market funds, bond funds, and gold funds, indicating a growing trend [12]. Group 3: Individual Experiences and Strategies - A case study of an individual named Li Jing illustrates the frustration of watching savings diminish due to low interest rates, prompting her to explore alternative investment options [5]. - Another individual, Zhao Qi, has adopted a strategy of investing heavily in bond funds, which he refers to as "collecting eggs," highlighting the stability and long-term benefits of such investments compared to traditional savings [18][21]. - Zhao Qi's experience reflects a broader trend where individuals are forming communities to share investment strategies and support each other in navigating the changing financial landscape [26]. Group 4: Changing Financial Mindset - The article notes a generational shift in financial attitudes, where younger individuals prioritize risk management and diversified investments over traditional savings methods [28][30]. - The concept of "new three golds" symbolizes a proactive approach to personal finance, contrasting with the previous reliance on bank deposits and real estate for wealth accumulation [29]. - This evolving mindset emphasizes the importance of having a financial safety net and the ability to withstand economic uncertainties, leading to a more cautious yet strategic approach to investing [30].