I'm not serious, of course. But pride does seem to come before the fall, and just out of an excess of caution I might move some money out of my vanguard funds next week.
The bigger deal would be if the general market collapsed for some reason but that would affect everyone, not just Vanguard.
There's certainly no point in arguing with me, since I'm both reasonably poorly informed and aware of it; I have made no bones about the fact that my post was unserious. Yet you leap to the defense of what should, after all, be a very unexciting thing. And you aren't alone in doing so.
That, like this breathless article, is mildly troubling to me. These institutions should engender no loyalty, embody no attributes; only then does the market actually work. Evidence of those tendencies suggests the distorting effect of human psychology. And in tone it is too much like what we saw before the collapse for my liking.
I actually think finance is interesting to read about and it can be exciting to try to make sense of the chaos.
If all of this really was that boring, you probably wouldn't have even clicked to read the comments!
But I was just pointing out they offer a rather dull, value for money service and are not going to collapse Enron style. They could decline Sears style however.