Subject: Re: Target Maturity Funds (TMFs)
Beginner,

Don't hesitate to write what you're thinking. As I like to say. "If I can explain it to someone else, I can explain it to me." That's the value of posting in forums. The act of writing forces one to clarify thoughts.

As for choosing Vanguard vs Schwab, I'd say this. Just as each investor has his or her own often differing means, needs, goals, interests and opportunities, so does every broker have their differing strengths and weaknesses. So, if you prefer Vanguard to Schwab, go with Vanguard.

Charlie