In The Money

I just checked our bank accounts and there it was. Our federal tax refund which was promised by April 7 arrived over night in our passbook account. We mailed our tax returns March 2 and I had checked the irs.gov site several times. That's how I knew when to expect our refund.

With it and my expected tax season bonus from work, we can cover the first installment of our real estate taxes which is due June 1. Feels good.

Because our savings account and money market account are earning near Zero, the only holding we current have which kicks off interest (or dividends) is our GNMA fund at Vanguard. It's earning near 4% now but we expect that rate could fall.

For the short term, we will keep our savings account at the bank to hold cash flows necessary for living. Longer term $ will stay with Vanguard, our mutual fund family of choice.

I need to remember the second installment of our real estate taxes is due September 1.

'til later