Apmex is offering a nice feature Auto Invest You pick the PM type ( decent overall choices ) & once a month in the mail it comes / income averaging for auto invest about $100 is minimum but big rollers can really go strong . I'm going small one silver eagle one gram gold ( there Choice ) if prices go down id have to readjust cause I'm at the edge of $100 current PM values regardless seems like a great idea to have casually working in the background wile other investments ongoing
Is it arbitrarily timed, like on a set date? That would be suboptimal, potentially buying high instead of low. I've long wondered why dealers don't offer automated purchases triggered by specified conditions. I guess that's called a "limit order" in the stock market context. Texas Precious Metals is the only dealer I know of that offers this. What I want is to be able to say something like: If the price of silver dips to a 30 day low, buy X dollars worth of whatever product I specified, like new silver Maples. Or when silver falls below a specific number. Or lots of other possible conditions, like a combination of silver spot price and low premiums on a given product. I don't know what Texas Precious Metals offers in terms of settings, but I assume spot price has to be one of them.
