Core Viewpoint - The article discusses the current investment environment, highlighting the rising market enthusiasm and the increasing number of large-denomination certificate transfers, while emphasizing the importance of identifying stable investment opportunities amidst declining interest rates [2][3]. Group 1: Interest Rate Adjustments - The insurance industry is undergoing its fourth adjustment of the predetermined interest rate since the beginning of the current rate decline cycle, with rates dropping from 4.025% in August 2019 to a projected 2% by July 2025 [2][3]. - The recent adjustments include a decrease from 3.5% to 3.0% in July 2023, and further reductions planned for August 2024 and July 2025 [2]. Group 2: Comparison of Insurance Products - A comparison between Hong Kong insurance products and domestic insurance products reveals that while Hong Kong products may offer higher potential returns, they come with longer payback periods and greater uncertainty regarding actual returns [4][5]. - Domestic products, such as the Taiping Pacific "Rui You Yu" annuity insurance, provide more stable and predictable returns, with a quicker payback period and guaranteed cash value [6][7]. Group 3: Investment Considerations - Investors are advised to consider their individual needs beyond just returns, as insurance products serve primarily to safeguard the lower limit of wealth rather than to maximize returns [11]. - Understanding the composition of returns and distinguishing between guaranteed and uncertain returns is crucial for making informed investment decisions [10][11].