re: #33 Anymouse 🌹🏡😷

It’s not like it’s Vanguard’s money anyway. It’s retirees’ money. If they lose it, oh well. (More reason why I stay the hell away from the stock market.)

Fund managers tend to be very conservative (financially), especially those handling retirement money. Any fund manager found to be reckless in their spending of a fund will be in deep trouble. There are laws that require people who manage other’s affairs to do so with proper conduct.