All my loans are sub 5% so I’ve been putting my extra cash in Alliant Credit Union’s 5.15% APY 18month CDs. No point in paying them down if I can basically beef up my emergency fund as a bonus.

I hold mine for 1 year then sell at the current price no matter what, then buy S&P 500.

My logic is that while my company gives me a 15% discount and pays a 4% dividend so long as the company does not lose more than roughly 19% a year I come out ahead. That said, I have a rolling $25,000 in stock and my job with that company so I am eager to diversify.