Vanguard is a classy business. They stick to doing business the way they promise to do business. They don't go chasing the bubble like others such as PIMCO. I'm glad to be with Vanguard, since they truly are looking out for the good of a long term investor who is not looking to make a buck by day trading or moving in and out of stocks and bonds very often and trying to beat the market. The Vanguard is trying to make sure they are helping thier clients achieve their long term investment goals because they know this is the only very smart way to invest.