Silver Stacking: A Beginner’s Guide to Auto-Investing with APMEX
Silver stacking is a popular investment strategy that involves accumulating physical silver over time with the intention of building long-term wealth. While there are many ways to stack silver, one convenient and hassle-free method is through APMEX’s AutoInvest program. In this article, we’ll explore how to get started with silver stacking using APMEX’s AutoInvest program and why it’s a great option for beginner investors.
What is AutoInvest?
APMEX’s AutoInvest program is an automated investment system that allows you to buy a predetermined amount of silver each month without having to manually place orders. The program allows you to set up a profile and choose the amount of silver you want to invest in each month. Once your account is set up, APMEX will automatically debit your account each month and purchase the amount of silver you have selected.
Why Use AutoInvest?
AutoInvest is a great option for beginner investors because it’s convenient and easy to use. You don’t have to worry about placing orders or keeping track of market fluctuations, as the program takes care of all the details for you. Additionally, AutoInvest allows you to invest in small amounts of silver over time, which can be more manageable for those on a budget.
Getting Started with AutoInvest
To get started with AutoInvest, you’ll need to create an account with APMEX. Once your account is set up, you can navigate to the AutoInvest tab and select the amount of silver you want to invest in each month. You can choose to invest in fractional silver or full ounces, depending on your budget and investment goals. After you’ve selected your investment amount, you’ll need to link your bank account to your APMEX account so that payments can be debited each month.
Tips for Successful Silver Stacking
Here are some tips to help you make the most out of your AutoInvest program:
Set realistic investment goals: Determine how much silver you want to accumulate and how long you want to invest in it.
Research the silver market: Keep up with market trends and fluctuations to make informed investment decisions.
Diversify your investments: Consider investing in other precious metals or assets to diversify your portfolio.
Store your silver securely: Keep your physical silver in a secure location to protect it from theft or damage.
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