Group 1 - The article discusses the current bullish sentiment in the market and the anxiety among investors regarding their equity positions [4][5]. - It emphasizes that while it is normal to feel anxious in a rapidly rising market, there is no need for excessive worry, as beating the index is challenging for even professional investors [6][8]. - The article provides data showing that from 2010 to now, the Shanghai and Shenzhen 300 Index has increased by 61.38%, while actively managed equity funds have returned 102.04%, indicating only a slight annual excess return of 1.49% over 16 years [6][8]. Group 2 - The article suggests that investors should gradually increase their risk appetite rather than making drastic changes to their portfolios, which could lead to unexpected risks [11][14]. - It recommends optimizing bond holdings by transitioning from pure bond funds to those with some convertible bonds or equity exposure, depending on the current holdings [15]. - The article also discusses optimizing dividend holdings by upgrading traditional dividend index funds to those with quality or cash flow strategies, which have shown better performance in the current market [18][19]. Group 3 - For broad index optimization, the article advises investors holding the Shanghai Index or the CSI 300 to consider switching to the more balanced and growth-oriented CSI A500 [23]. - It suggests that investors can enhance their portfolios by moving from smaller indices to larger ones, such as upgrading from the ChiNext Index to the ChiNext Composite Index [23]. - The article highlights the importance of making small adjustments to portfolios rather than significant overhauls to mitigate risks associated with market fluctuations [24][29]. Group 4 - The article concludes by encouraging investors to maintain a calm mindset amidst market volatility and to make gradual adjustments to their portfolios to align with the current market sentiment [28][29]. - It emphasizes that maintaining the original investment style while making minor tweaks can help manage risk effectively [29].