Market Overview - The market continues to rise, returning to a rating of 4.9 stars [1] - Both large, medium, and small-cap stocks are up, with the CSI 500 and other small-cap stocks showing slightly higher gains [2] - Value styles such as dividends have seen slight increases, while growth styles have risen significantly [3] - The securities index has experienced a substantial increase, with historical patterns indicating that after a rapid rise, there may be a prolonged period of decline [3] - The Hong Kong stock market has also seen overall gains, particularly in technology stocks [4][5] Personal Pension Accounts - Recent news indicates that personal pension accounts will incur a 3% tax on both principal and earnings upon withdrawal, raising questions about their necessity [7] - The concept of tax deferral for personal pension accounts was previously discussed, emphasizing that it is not a complete cancellation of benefits [9] - Despite the tax implications, personal pension accounts still hold value for many investors [10] Case Studies on Personal Pension Accounts - Example of an individual with a monthly salary of 5,000 yuan shows that opening a personal pension account may not be necessary if they do not exceed the tax threshold [11][16] - A higher-income individual, earning 50,000 yuan monthly, benefits significantly from a personal pension account, even without making investments, due to the tax rate difference [21][26] - Another example illustrates that a younger individual with a 30,000 yuan salary can benefit from investing in index funds within their personal pension account for long-term growth [28][30] Recommendations for Personal Pension Accounts - The necessity of opening a personal pension account is minimal for those with a monthly income around 10,000 yuan or below [36] - Individuals earning between 15,000 to 20,000 yuan or more should consider opening an account, especially if they are closer to retirement [37] - Those already retired will not benefit from personal pension accounts [37] New Features and Tools - A new feature in the "Today Few Stars" mini-program has been launched, allowing users to access an ETF valuation table [38][39] - The program aims to help investors identify undervalued ETFs and track real-time valuation data [42][46]

Core Viewpoint - The article celebrates the 3rd anniversary of the Screw Nut Investment Advisory Portfolio, highlighting the importance of perseverance during prolonged bear markets and recognizing loyal investors who have held their investments for three years [1][2][3]. Group 1 - The current bear market has been lengthy, making the quality of "persistence" increasingly valuable [2]. - Many investors tend to sell during market fluctuations, but those holding the Screw Nut portfolio have chosen to remain steadfast, positioning themselves among the best fund investors in the market [3]. - To commemorate this loyalty, the company has created exclusive medals for investors who have held any Screw Nut series portfolio for three consecutive years [5]. Group 2 - The medals are available to those who meet the criteria of continuous three-year holding, with plans for more medals in the future to celebrate excellent investment behavior [5]. - The first batch of medals is limited in quantity and will be distributed on a first-come, first-served basis [6].