Am I Making a Bad Decision?

[GatorGuy]

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@09Lexie wrote:
@GatorGuy

Yep..he added 5 new TLs. It fell hard

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I added 5 myself. Just goes to show you that having a thicker file obviously helps.

[oscar_actuary]

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@eagles08 wrote:
Well really these accounts I'm wanting to close are only a few months older than my BCE and Freedom so I'm really not losing much AAoA even if they dropped now I suppose.

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That's not the point, actually.

What will matter more is how many old-ish accounts you have when these fall off and how many new ones you open then.

I've destroyed my AAoA the last two years, especially compared to what it could have been has I not closed cards in the 1980s and 1990s.

[longtimelurker]

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@oscar_actuary wrote:

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@eagles08 wrote:
Well really these accounts I'm wanting to close are only a few months older than my BCE and Freedom so I'm really not losing much AAoA even if they dropped now I suppose.

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That's not the point, actually.

What will matter more is how many old-ish accounts you have when these fall off and how many new ones you open then.

I've destroyed my AAoA the last two years, especially compared to what it could have been has I not closed cards in the 1980s and 1990s.

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Yes, but at a certain point AAoA really doesn't matter much, you will be done apping and have the cards you want.  Yes, things can go bad, so the picture ~10 years down the road could be bad and you wish you had kept those cards.  But, maybe if you had kept the cards, you would have had a horrible identity theft situation on one of them that you just couldn't get fixed and ....

So, personal preference again!