When considering diversification of your investment portfolio, precious metals often emerge as an enticing alternative. This leads us to APMEX, a prominent name in precious metal retail.
This APMEX review offers an insightful journey into its extensive services. From strategic portfolio management to innovative investment tools, APMEX attempts to satisfy every investor’s aspirations, whether novice or seasoned.
However, with competitors on the horizon, it’s vital to understand what makes APMEX a strong contender. So, is APMEX the best platform for your precious metal investments in 2023?
As we delve into this platform’s features, advantages, and potential downsides, we hope to provide a comprehensive perspective to answer that very question. Let’s embark on this exploration!
What is APMEX?
APMEX is a leading precious metal retailer enthusiasts use to invest and trade. From traditional metals to diverse, innovative features, APMEX has reshaped the market interestingly. You’re probably curious about what makes it stand out, so let’s delve into some of their signature offerings:
- A state-of-the-art portfolio management tool
- The exclusive Bullion Card
- The APMEX AutoInvest feature
- An APMEX individual retirement account (IRA)
- Membership to the APMEX Bullion Club
- An array of flexible payment methods
- A secure storage option
- A platform for currency sales
But APMEX is more than just metals. They also cater to the auxiliary needs of investors by offering essentials like coin capsules for safekeeping, presentation boxes for flaunting your collection, books for learning, safes for security, cleaning supplies to keep your investments pristine, and magnifiers to inspect your treasures in detail.
And that’s not all. APMEX can buy your gold and silver assets at competitive prices if you’ve made gains and wish to cash them in. It’s a one-stop shop that caters to all your precious metal investment needs!
Features of APMEX
1. Portfolio Management
APMEX takes the stress out of monitoring your precious metals investments. Once you’ve signed up for a free account, you can easily access a feature that allows you to create and track your portfolio’s performance. It’s as simple as entering your assets into their platform and clearly showing your holdings’ current worth.
That’s not all. You can use APMEX’s alert tools to enhance your investment strategy. These alerts will:
- Keep informed when a metal reaches a specific price point, aiding your buying and selling decisions.
- Alert you when a specific product reaches your desired purchase price.
- Notify you when fast-selling products are restocked.
2. The Bullion Card
The Bullion Card, managed by Visa, offers special benefits exclusive to APMEX customers. Current incentives include:
- Earning 4% back in gold and silver for all APMEX purchases.
- Gaining 1% back in gold and silver for all other purchases.
- Receiving 15,000 bonus points ($150 value) after spending $1,500.
- Enjoying a 0% introductory APR.
These are on top of the regular Visa credit card perks, such as lost luggage reimbursement and roadside assistance.
3. APMEX AutoInvest
APMEX’s AutoInvest feature allows you to set up recurring purchases for metals, akin to regular deposits into your retirement account. This program gives you the flexibility to:
- Choose from a selection of metal products that cater to different budget ranges to auto-invest in.
- Decide the frequency of your auto-investment: daily, weekly, biweekly, monthly, or quarterly.
- Choose your preferred payment method.
4. APMEX Precious Metals IRA
With APMEX, you can diversify your retirement savings by investing in gold, silver, and palladium through their comprehensive Precious Metals IRA service.
They provide industry-leading IRA custodians and IRA-eligible products, simple steps to open an account, dedicated IRA specialists, and secure storage, ensuring a seamless investing experience.
APMEX Payment and Storage Options
Regarding payment methods, APMEX offers several options, including check, wire transfer, cryptocurrency, credit card, and PayPal, giving you the flexibility to choose the most convenient option. Notably, check and wire payments receive a discount on the order.
APMEX understands the importance of secure storage. Your investment is stored in a top-notch secured facility through its subsidiary, Citadel. After your purchase, your metal is shipped to Citadel and routed to one of their secure locations.
Shipping
Orders over $199 are shipped for free domestically by APMEX. Lower-value orders or Citadel orders under $500 incur a shipping fee of $9.95. Their QuickShip program ensures prompt shipping of eligible orders the next business day.
Pros of APMEX
- Offers an accessible, safe, and reliable platform to purchase precious metals
- Diverse portfolio options combining stocks, bonds, and precious metals
- Caters to all levels of investors with a wide range of prices
- Numerous products and services to enhance your investing experience
Cons of APMEX
- The volatility and price fluctuations
- Few complaints about customer service, but these appear to be exceptions
Is APMEX Worth the Right Platform?
APMEX is one of the premier options to invest in precious metals, offering an alternative to traditional investment portfolios. It provides a secure platform for investors at all levels, eliminating the need to deal with uncertified goods or pawn shops.
Moreover, the resources and educational materials APMEX offers are especially helpful for new investors.
While APMEX is a great option, it’s worth mentioning that BGASC and JM Bullion are viable alternatives to consider. These platforms offer similar services and could be more suitable depending on your investment needs.
Ready to start building a tangible portfolio in precious metals? Click here to sign up for APMEX and get started today.
Disclaimer: This article contains sponsored marketing content. It is intended for promotional purposes and should not be considered as an endorsement or recommendation by our website. Readers are encouraged to conduct their own research and exercise their own judgment before making any decisions based on the information provided in this article.
