So now the overnight fund is 4.75%, and they figure 1 to 2 more quarter point raises. This has caused me to rethink my little risk averse FI plan I had concocted. You see, DW will be staying home in a couple weeks, and will have about 10 hours of consulting work from home, and we hope to make that a permanent endevour for her, have a couple of clients etc. The thought originally was to live off of my salary, and fund the 401k and Roth IRA from it, and then take anything she makes via consulting and throw it on the house, paying it off as quick as possible. But our interest rate is 5.125%, and with the tax deduction the real cost of the loan is even lower. I could instead take everything she earns and throw it in an after tax account that "beats the spread" and throw that account on the house when either:
a) interest rates lower and I can't beat the spread anymore
b) the amount equals the mortgage balance
But I already have plenty of high risk holdings, what to throw this money into that will beat the spread but be relatively stable....money market (barely?) CD ladder (a little better), corporate bonds (more return, but more risk), utility stocks? Ideas?
Oh, wait, not trying to start pay off vs. invest and keep mortgage thing again, just looking for a way to do a little better than simply throwing the money on the house.... 
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