Search found 2417 matches

by Sunny Sarkar
Wed Jun 17, 2015 8:49 am
Forum: Personal Consumer Issues
Topic: Best "All Around Lens" for Nikon DSLRs?
Replies: 105
Views: 37194

Re: Best "All Around Lens" for Nikon DSLRs?

May I suggest this ultra-portable pocket tripod, especially if you end up with a long zoom lens. I've had good fun using it on any flat surface like a table or the top of the car... http://www.bhphotovideo.com/c/product/1 ... k_for.html

p.s. While I don't own it, I have seen very good results from my friend's Tamron 18-300 zoom.
by Sunny Sarkar
Mon Jun 15, 2015 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Travel insurance - worth it?
Replies: 96
Views: 23438

Re: Travel insurance - worth it?

Any insurance that is for an amount that will likely not wreck havoc on your finances is not worth it.
by Sunny Sarkar
Mon Jun 15, 2015 11:16 pm
Forum: Personal Consumer Issues
Topic: Do I need to keep my landline number?
Replies: 58
Views: 22439

Re: Do I need to keep my landline number?

Ported our landline few years ago to an IP based home phone service which is free (we only pay $2 + change per month on taxes) after a one time equipment purchase fee upfront. Not sure if it will work during a black swan mass emergency event.

http://www.ooma.com/how-ooma-works
by Sunny Sarkar
Mon Jun 01, 2015 12:09 pm
Forum: Personal Consumer Issues
Topic: Best way to learn tennis for adult
Replies: 29
Views: 6147

Re: Best way to learn tennis for adult

The key advice I got from Boglehead tennis players was "find a coach". In retrospect, can't agree more.
by Sunny Sarkar
Mon Jun 01, 2015 11:33 am
Forum: Personal Consumer Issues
Topic: Best way to learn tennis for adult
Replies: 29
Views: 6147

Re: Best way to learn tennis for adult

I started playing tennis last year. I had some racket sport experience earlier (table tennis and badminton), so it didn't feel completely wierd. I asked the good folks on this forum for tennis racket advice, signed up for private lessons, and after a couple of months I joined the local tennis league at 3.5 level. It seemed to me that one needs to at least have basic serves and ground strokes down before joining the league - otherwise it will be frustrating - so the private lessons were essential to get me there. After that, playing competitively really helped improve my game quickly. I made the playoffs every time and even won one season. I also made a lot of tennis friends from the league so there's enough people to play with whenever I ca...
by Sunny Sarkar
Tue May 26, 2015 4:33 pm
Forum: Personal Investments
Topic: Roth IRA contributions for spouse no longer working
Replies: 2
Views: 548

Re: Roth IRA contributions for spouse no longer working

Yes - my understanding is that you have the option of contributing to your non-working spouse's IRA as long as you file jointly. You can either contribute to a traditional IRA and take the tax deduction, or you can contribute to a Roth. Income requirements and contribution limits are the same regardless of whether she is working.

Also, if you use a tax software to file, it should show you at the time of filing how much you can contribute to which kind of IRA for each of you. If you are unsure about what to do now, you have the option to wait until you file your taxes to know exactly how much you can contribute.
by Sunny Sarkar
Sat May 23, 2015 7:01 am
Forum: Personal Investments
Topic: The Three Fund Portfolio [Portfolio help]
Replies: 5
Views: 1340

Re: The Three Fund Portfolio

This might be a stupid question, so please bear wih me as I am a new investor. I understand the concept of the lazy three fund portfolio however how would I be able to accomplish this, when I have my 401k with Wells Fargo and my Roth IRA with vanguard, along with two separate funds with vanguard? Thank you in advance Hello Bcon123: This is not a stupid question at all - there is no such thing. The way I learned to do it from Bogleheads is this: 1. There is no need to maintain your target asset allocation in every single account, as long as the overall combined asset allocation approximates your target allocation. 2. Try to place tax-inefficient bond funds in tax-sheltered accounts like 401k and IRAs in order to reduce taxes on the dividend...
by Sunny Sarkar
Fri Apr 24, 2015 9:23 pm
Forum: Investing - Theory, News & General
Topic: Who follows Age in Bonds
Replies: 67
Views: 12032

Re: Who follows Age in Bonds

stemikger wrote:In my 30s, I was 50/50 and then as I learned I gradually was 60/40 for many years.
Relative to your age,
You need to be conservative in your 30s because you need to make a down payment for a home soon.
You need to be conservative in your 40s because you need to pay for college soon.
You need to be conservative in your 50s & 60s because you are going to retire soon.
You need to be aggressive in your 70s and thereafter because you need to keep up with inflation.
It all boils down to... just do 60/40 all the way! :sharebeer
by Sunny Sarkar
Fri Apr 24, 2015 9:13 pm
Forum: Investing - Theory, News & General
Topic: International Stock Poll: Emerging vs Developed Ratio
Replies: 55
Views: 9447

Re: International Stock Poll: Emerging vs Developed Ratio

I heard Jack say this in the context of his 20% max international allocation that he gets asked about in every Bogleheads reunion (paraphrased)... If you want to bet on international, bet on emerging markets. Half (of international allocation) in emerging markets and half in developed markets is reasonable.

Personally, my emerging market allocation is whatever Total International has, and I honestly don't know how much that is.
by Sunny Sarkar
Fri Apr 24, 2015 9:05 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle books at 50% discount for Bogleheads
Replies: 20
Views: 5472

Re: Jack Bogle books at 50% discount for Bogleheads

I can honestly say that reading Bogle on Mutual Funds changed by life.
My first trip to the Bogleheads reunion, I got the cover signed by Jack - one of my favorite things :sharebeer
by Sunny Sarkar
Fri Apr 24, 2015 8:58 pm
Forum: Investing - Theory, News & General
Topic: Peter Bernstein's 60/40 solution
Replies: 32
Views: 7098

Re: Peter Bernstein's 60/40 solution

Peter Bernstein's 60/40 article is one of my all time favorites. I wouldn't summon the temerity to judge him for changing over to active trading, but it's sufficient for me to know that whatever he's doing I'm not smart enough to risk.

At one point in my investing life so far I realized how powerful "60/40" really is. I dawned on me if I could keep my fixed expenses within 60% of my net income and my stock allocation (greed) within 60% of my portfolio, I wouldn't do too bad over the long term.
Hindsight may be 20/20, but foresight is 60/40 :sharebeer
by Sunny Sarkar
Fri Apr 24, 2015 10:42 am
Forum: Personal Consumer Issues
Topic: Who still have Cable TV?
Replies: 63
Views: 7860

Re: Who still have Cable TV?

We cut cable 3 years ago. I have a dedicated Windows7 desktop hooked up to the TV via HDMI and a Logitech K400 wireless keyboard/touchpad on the couch. I also get very good over the air local channel reception here in flat land Dallas with a Mohu Leaf internal antenna. The only channel that still resides on the dark side is ESPN - hope they go the HBO GO way. Other than that it has been a fantastic experience.

That said, the cable providers are pricing their internet only packages closer and closer to the internet+tv packages so that they get your money anyway.
by Sunny Sarkar
Wed Apr 15, 2015 12:25 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 5250
Views: 906929

Re: What are you up YTD?

jay22 wrote:How do you calculate your YTD returns?
Vanguard login > My Accounts > Investment Prices & Returns > Personal Performance > YTD
by Sunny Sarkar
Wed Apr 01, 2015 2:02 pm
Forum: Personal Consumer Issues
Topic: Use work phone as primary phone?
Replies: 13
Views: 1659

Re: Use work phone as primary phone?

My company has a nice transparent policy about using work phone for personal use - if you opt in, you pay $100 per year. Very fair IMO.
by Sunny Sarkar
Mon Mar 30, 2015 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Reorganizing credit cards and accounts
Replies: 33
Views: 4498

Re: Reorganizing credit cards and accounts

Drew777 wrote:I'm getting back 2.9% on my Hyatt card for the rooms I'm booking in Hawaii this fall (5.8% at restaurants, 25.4% at the Hyatt property I'm staying at in NOLA in May).
Do you mind explaining the calculations behind those high %s? I stay in Hyatt hotels frequently on business travel, so 5.8% and 25.4% returns sound pretty attractive.
by Sunny Sarkar
Sun Mar 29, 2015 11:32 pm
Forum: Personal Consumer Issues
Topic: Best laptop under $1000
Replies: 41
Views: 16669

Re: Best laptop under $1000

Whatever you choose, please make sure it has a SSD (Solid State Drive) in it. It makes a **HUGE** difference in the performance. CPUs and Memory in modern laptops/PCs are almost too much for general usage - it's I/O that's the bottleneck, and SSDs address exactly that. My home desktop with a Celeron processor, 4GB RAM, but with a SSD, runs faster than my work laptop with a i5 processor and 16 GB RAM with an HDD (usual Hard Disk Drive).

That said, FWIW, my experience has been that the Thinkpad T series have been the best laptops in the market over the years. You should be able to get one with a SSD for less than a grand. After that, the lighter the better IMO.
by Sunny Sarkar
Tue Mar 24, 2015 3:02 pm
Forum: Personal Consumer Issues
Topic: Restaurant tipping
Replies: 200
Views: 55715

Re: Restaurant tipping

tennisplyr wrote:Let's say you are eating at a good restaurant, what do you normally leave as a tip? Last night we had dinner out and the service was only so-so.....slow, got my dinner before my wife, no refill of water glasses, etc. Not awful but not great. I left 15% but wanted to leave less. My wife believes these people need tips for a living, I believe if I am not getting service why should I reward you. Was wondering what you folks do.
I'd still leave a standard tip (15-18%) - because tips are priced into the waiters' compensation and by extension into the price of the meal - but maybe I'd have a chat with the manager if the service was truly awful. If the service was above average, I'd leave an above average tip.
by Sunny Sarkar
Mon Mar 16, 2015 4:46 pm
Forum: Investing - Theory, News & General
Topic: The Permanent Portfolio as an accumulation portfolio
Replies: 67
Views: 17062

Re: The Permanent Portfolio as an accumulation portfolio

All back-tested models are period dependent.

Permanent Portfolio looks good only when gold does well versus the stock market. The enthusiasm for it vanishes abruptly on years like 2014.
by Sunny Sarkar
Mon Mar 16, 2015 4:40 pm
Forum: Investing - Theory, News & General
Topic: John Bogle's Don't Peek Challenge
Replies: 149
Views: 20872

Re: John Bogle's Don't Peek Challenge

Bill Bernstein article explaining why peeking is bad... Of Risk and Myopia.

It's darn hard to play the game but not look at the scorecard.
by Sunny Sarkar
Tue Mar 03, 2015 9:54 pm
Forum: Investing - Theory, News & General
Topic: International increase in Target Retirement & LifeStrategy
Replies: 235
Views: 52409

Re: International increase in Target Retirement & LifeStrate

Vanguard wrote:Vanguard announced it will increase the international equity and fixed income allocations for Vanguard Target Retirement Funds and Vanguard LifeStrategy® Funds to offer investors enhanced global diversification.
...and in a related move, Vanguard is also renaming the Vanguard LifeStrategy® Funds to Vanguard LifeTactic® Funds. "We believe in calling a spade a spade", a spokesperson for Vanguard said, "and we have learned nothing from our decade plus failed TAA experiment with VAAPX (may its stock rest in peace)".
by Sunny Sarkar
Fri Feb 27, 2015 10:30 am
Forum: Personal Consumer Issues
Topic: What is your favorite consumer product?
Replies: 339
Views: 77690

Re: What is your favorite consumer product?

$1200 Panasonic ST60 Plasma HDTV - amazing picture quality, now discontinued and very much missed

$200 Samsung Chromebook - lightweight, fast, and used much more often than the other Wintel i5 and i7 rigs in the the house

$99 Moto E phone with $10/month unlimited talk/text from Republic Wireless - best value of anything we own

$5 Beringer Pinot Grigio (available at Walmart)
by Sunny Sarkar
Mon Feb 23, 2015 10:41 am
Forum: Personal Consumer Issues
Topic: Who's going to Disney this summer?
Replies: 84
Views: 15310

Re: Who's going to Disney this summer?

Been there several times. Mostly stayed in Kissimmee and drove in. Stayed in one of the cheaper Disney "resort"s last time. They bused us from the airport and also had buses to and from the hotel to the park all day - that was very convenient. The rental car and parking savings was a decent amount. The food at the hotel was also simple and affordable. The rooms were very basic in the inside, but on the outside it was very nice and disney-esque. All in all, I thought it was better deal than commuting from a Kissimmee hotel.

Summer in Florida is tough though - especially with all those long lines in the park.
by Sunny Sarkar
Sat Feb 21, 2015 1:57 pm
Forum: Personal Consumer Issues
Topic: Thoughts on replacing tires?
Replies: 72
Views: 19834

Re: Thoughts on replacing tires?

There are some things that save us a modest amount of money, but are really not worth the effort in the end. My experience is that tire shopping is one of them. I've tried them all - from online to dealer - and found out that just getting the best tire for the budget from Costco (or Sam's Club) is the optimal way to go. They throw in free lifetime tire balance and rotation, and road hazard insurance, too - and that by itself more than pays for whatever I could have saved buying any other way. In fact, I always get the best tires they sell instead of the cheapest, because I figure that the ride quality and safety from the best tires over the several years of the tires' lifetime is very much worth the extra price compared to the cheaper ones ...
by Sunny Sarkar
Mon Jan 19, 2015 1:24 pm
Forum: Investing - Theory, News & General
Topic: What is the international portion of your portfolio and why?
Replies: 140
Views: 22142

Re: What's Your International % and Why?

20% of equities (because Jack Bogle said so)
by Sunny Sarkar
Wed Dec 10, 2014 5:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Wish List
Replies: 44
Views: 5133

Re: Vanguard Wish List

I'd love Vanguard to provide checking and credit card services comparable to Fidelity Cash Management Account and Fidelity 2% cash back cards. Currently VanguardAdvantage cash management services are available for free only to the 3 comma club, and there are no credit card offerings.

I wish Vanguard offered a Vanguard managed 529 unlike the current one that's managed by Upromise.

I also wish Vanguard doesn't change the allocations and compositions of their fund-of-funds like TRF & LS as often as they do.
by Sunny Sarkar
Sun Nov 23, 2014 7:14 pm
Forum: Personal Consumer Issues
Topic: Dog food - how cheap is too cheap?
Replies: 64
Views: 12129

Re: Dog food - how cheap is too cheap?

Thanks everyone for chiming in.

My (small) dog had trouble with bowel movement (constipation) when fed Blue Buffalo basics and Iams chicken & barley - both of them "low grain" and well rated by the dog food advisor site linked above. On the other hand, he did fine with Science Diet, Hills Ideal Balance, Nutro Natural Choice, and Pedigree - mostly lower rated on the same site. I think I'm starting to understand what veterinarian seveseas meant by "every dog's GI tract is different, and the key is to figure out what works for your particular dog". His vet suggested Science Diet. Maybe I should simply stick to that.
by Sunny Sarkar
Sat Nov 22, 2014 3:02 pm
Forum: Personal Consumer Issues
Topic: Dog food - how cheap is too cheap?
Replies: 64
Views: 12129

Dog food - how cheap is too cheap?

Went down recently from the usual Petsmart stuff (Science Diet) to Walmart stuff (Pedigree) for the dry kibbles. It's about one third the price, but I'm feeling some guilt and wondering if I'm doing any harm to this 2 y.o. family member (he seems to like the cheaper stuff better). I don't know anything about good or bad of dog food, and would like to know if the relatively expensive ones are all marketing or if they truly have some health benefits. Thanks in advance.
by Sunny Sarkar
Fri Nov 21, 2014 10:17 pm
Forum: Personal Consumer Issues
Topic: Personal Tips for a New Father to Be
Replies: 31
Views: 5699

Re: Personal Tips for a New Father to Be

Buy a good video camera. And use it. Nothing, I repeat - nothing, gives us more joy than watching her videos from those "litle" days that just whizzed by.
by Sunny Sarkar
Fri Nov 21, 2014 10:10 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 785
Views: 84181

Re: What do you splurge on?

Housing.

We are two and a half people (and a puppy) living in a 3200 sq.ft home, most of which belongs to the puppy.
by Sunny Sarkar
Fri Nov 21, 2014 9:56 pm
Forum: Personal Consumer Issues
Topic: Send text messages from PC to Cell Phone
Replies: 25
Views: 9177

Re: Send text messages from PC to Cell Phone

jebmke wrote:Google Voice
+1

I do this all the time. No need to know which carrier the other party is using (to lookup the email list above).
by Sunny Sarkar
Fri Nov 21, 2014 9:53 am
Forum: Personal Consumer Issues
Topic: smartphone over wifi - still possible?
Replies: 31
Views: 4586

Re: smartphone over wifi - still possible?

caroljm36 wrote:I'd like to switch from a dumb phone with no data to a smartphone, but I don't want to pay for data.
I think this $10/month plan is what you are looking for. I got it for my 11 y.o. on their brand new $99 android smartphone and it is working great.
by Sunny Sarkar
Fri Nov 14, 2014 1:53 pm
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 300
Views: 83403

Re: Bogleheads, tell me about your 40's?

I'm feeling out of breath, kinda maxed out, in my early forties. The irony about climbing the ladder at work is that salary goes up linearly while responsibility goes up exponentially - and it's impossible to scale down to the efficient frontier even if I know where that lies. The thirties have put us in a good place - the big picture looks pretty good, i.e. all the big rocks are in a good place - but it seems the demand for time and energy from work (unexpected) and family/kid (foreseen) has crossed some kind of threshold that's driving me out of breath.
But hey... can't complain :sharebeer
by Sunny Sarkar
Thu Nov 13, 2014 9:55 pm
Forum: Personal Consumer Issues
Topic: Consider freezing your credit
Replies: 66
Views: 12124

Re: Consider freezing your credit

If the crooks already know your SSN and where you live, etc., can't they also unfreeze your credit?
by Sunny Sarkar
Sat Nov 08, 2014 2:47 pm
Forum: Personal Consumer Issues
Topic: My DISH tv bill just keeps going up and up
Replies: 50
Views: 21903

Re: My DISH tv bill just keeps going up and up

Take any cheap Windows 7 or 8 desktop computer** with an HDMI output and hook it to the TV. Throw in a Mohu Leaf indoor antenna for over-the-air network channels. It improved our TV watching experience (ymmv), and cut down the entertainment bill to $8/month (netflix).

** I tried Roku, Apple TV, and Google Chromecast, but they all felt restricted in one way or another. A good old windows computer hands down gives the most latitude to watch all kinds of content all over the internet.
by Sunny Sarkar
Wed Nov 05, 2014 7:27 am
Forum: Investing - Theory, News & General
Topic: 27 yr old reaches $1m net worth [Update: With lies.]
Replies: 56
Views: 16582

Re: 27 yr old reaches $1m net worth

I'm jealous. I could have made more money by taking a few over sized real estate bets compared to saving regularly in a diversified low-cost stock/bond portfolio. I feel like the Bogleheads have held me back :oops:
by Sunny Sarkar
Sun Nov 02, 2014 1:53 am
Forum: Personal Finance (Not Investing)
Topic: Hw many credit cards to own?
Replies: 123
Views: 86363

Re: "Our life is frittered away with detail."

berntson wrote:
Taylor Larimore wrote:Brak:

I have one credit card.

"Our life is frittered away with detail. Simplify. Simplify." -- Henry David Thoreau

Best wishes.
Taylor
Taylor, I would have expected you to have a three card wallet. :D
He does. The other two are drivers license and health insurance :D
by Sunny Sarkar
Sat Nov 01, 2014 7:04 pm
Forum: Investing - Theory, News & General
Topic: 5 things you don't know about Vanguard
Replies: 21
Views: 5616

Re: 5 things you don't know about Vanguard

I was surprised to learn that so many of their actively managed funds beat their indexes over long periods. Doesn't that disprove their own main argument for indexing? I suspect that this is the goal of the article - "look Vanguard has active funds too, and their active funds beat index funds; therefore active funds are better than index funds; therefore all active funds are better than index funds; therefore we should forget index funds and invest in active funds..." Looks like they succeeded. Vanguard's argument is not for indexing per se, rather their argument is for low cost - and that's not just low expense ratios, but all other kinds of costs like those that come from portfolio churning - so by extension Vanguard's argument...
by Sunny Sarkar
Sat Oct 25, 2014 10:34 am
Forum: Investing - Theory, News & General
Topic: Why do Engineers Think They’ll Be Good at Picking Stocks?
Replies: 135
Views: 16390

Re: Why do Engineers Think They’ll Be Good at Picking Stocks

To OP: I think as engineers we develop an unconscious tendency towards trying to reduce every system down to a few control variables, and then try to use those few variables to control or predict the system's behavior. That's mostly what we are trained to do. Where we go wrong is in identifying very complex systems in real life that have too many variables to which this methods do not apply - like society, relationships, economy, stock picking, etc. In stock picking, the whole idea of fundamental or technical analysis is that we can decide the future movements of stocks if we just look hard enough at a few variables - like P/E, or Beta, or moving averages, or <put your favorite here> - but it's just not that simple a system.
by Sunny Sarkar
Mon Oct 20, 2014 11:19 am
Forum: Investing - Theory, News & General
Topic: DOW Watchers Stomach Syndrome
Replies: 25
Views: 2809

Re: DOW Watchers Stomach Syndrome

Doc wrote:
Call_Me_Op wrote:Just noise.
Agreed but really LOUD noise.
Loud, but white noise.
by Sunny Sarkar
Fri Oct 17, 2014 8:25 am
Forum: Personal Consumer Issues
Topic: need a new home page [browser default page]
Replies: 25
Views: 3349

Re: need a new home page [browser default page]

Raymond wrote:StartPage
Startpage is intriguing. How does it compare to Duck Duck Go?

I've been using Duck Duck Go for a while now, and often when I do not get good enough search results, I use their !g syntax to get google search results, but then I end up in google anyway.
by Sunny Sarkar
Thu Oct 16, 2014 8:05 pm
Forum: Personal Consumer Issues
Topic: Best place (with warm weather) to raise children
Replies: 107
Views: 31376

Re: Best place (with warm weather) to raise children

My wife and I may consider moving once our children start public schools. When that time comes we hope to be able to work part-time so we want to really enjoy where we're living. Our top priorities would be: 1. Top-notch public K-12 schools (or possibly inexpensive/free charter) 2. Great weather (sunny, warm summers, very mild winters ~60 degrees) 3. Great for outdoor activities/adventures (next to the mountains and ocean or lake) 4. Either a large town or small city (maybe 50,000 to 300,000 people) 5. Family friendly, diverse community 6. Bike friendly area Any recommendations? I had a personal goal to drop the anchor before my daughter (with Jack in pic on right) started kindergarten and asked myself the exact same question 6 years ago. ...
by Sunny Sarkar
Thu Oct 16, 2014 7:55 pm
Forum: Investing - Theory, News & General
Topic: So do we care more about change in bond price or bond yield?
Replies: 178
Views: 25016

Re: So do we care more about change in bond price or bond yi

So do we care more about change in bond price or bond yield?
Yield!
Yield!
Yield!

They all (stocks and bonds) come and go, and all they leave behind are the dividends.
by Sunny Sarkar
Thu Oct 16, 2014 12:42 pm
Forum: Personal Consumer Issues
Topic: Grand Canyon by rail
Replies: 8
Views: 1285

Re: Grand Canyon by rail

It's good if you want to enjoy a train ride, but it doesn't really help you enjoy the park - it just takes you close to it. Helicopter rides, rafting, riding a mule, etc. are better ways to enjoy the canyon. Easiest armchair option is plain old driving and walking around the south rim site seeing points.

p.s. We always found Bryce Canyon to be more enjoyable compared to the Grand Canyon. We prefer arm chair travel and mild to moderate hikes.
by Sunny Sarkar
Tue Oct 14, 2014 2:49 pm
Forum: Personal Consumer Issues
Topic: What services like Amazon Prime do you share to save?
Replies: 17
Views: 3249

Re: What services like Amazon Prime do you share to save?

Is it possible to share Amzn prime without exposing the credit card information - I am interested in sharing the videos only but not the ability to order on my card.
by Sunny Sarkar
Sun Oct 12, 2014 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: How Close AMEX SPG without hurting credit score
Replies: 11
Views: 2648

Re: How Close AMEX SPG without hurting credit score

grabiner wrote:
Sunny Sarkar wrote:I have read in multiple places that the age of the oldest open credit account does indeed matter.
Can you find an authoritative source?
Remembered this one... don't know whether they can be considered "authoritative", but they are in this business and I hope they know what they are talking about.
Credit Karma wrote:Don't... Close the oldest account on your credit reports. This could cause your credit history to appear shorter and could harm your credit score.

https://www.creditkarma.com/article/ClosingOldAccount
by Sunny Sarkar
Sat Oct 11, 2014 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: How Close AMEX SPG without hurting credit score
Replies: 11
Views: 2648

Re: How Close AMEX SPG without hurting credit score

I have read in multiple places that the age of the oldest open credit account does indeed matter. Accordingly I keep my oldest credit card open even though I do not need/want it - luckily no fees involved.
by Sunny Sarkar
Sat Oct 11, 2014 12:06 pm
Forum: Personal Consumer Issues
Topic: Best town I've never heard of [for relocating]
Replies: 136
Views: 24676

Re: Best town I've never heard of [for relocating]

awintensiveporpoises wrote:Hello fellow Bogleheads!

I'm looking to move to a town in which to put down roots and raise a family. I've finally come to the conclusion that life is too short not to live in a place you find beautiful. So, below are some criteria I'm looking for, and I look forward to any recommendations you might share with me.

* Within an hour of a "big" city, with 500K + population
* 4 distinct seasons, bearable winter
* excellent public school system
* mid-low cost of living
* Beautiful scenery

Whatcha got?
Cherry Hills Village/Littleton, CO - south of Denver - was runner up on my list when I relocated (to DFW).