Interesting target retirement holdings...
I sort of figured that the 'target retirement' series' holdings would degenerate to 'target retirement income' equivalents by the time they hit their target date, but it appears that target retirement 2005, now a year past its 'due date', still holds more total stock market and less inflation protected securities than the income fund does.
Wonder if this is a transitional thing as vanguard changes its target series to hold "more stocks" and "more foreign" now that we're at a market peak and "its what everyone wants". This from the company that often advises to "stand there and do nothing"...
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.