In our recent fill in the blank trivia on Facebook and Twitter, we asked this very question from fans and followers. As the answers were rolling in, many of you felt that you should start investing as soon as you get your first paycheck, while some of you said that you should start investing in precious metals for your children as soon as they are born. So we asked our team of professionals here at APMEX the very same questions and here is what they had to say:
At what age should one start to invest in precious metals?
Precious metals should be considered for all investment portfolios. At whatever age an individual begins to save and invest, they should consider precious metals. As a “collector” is another story. Children below the age of 5 are often taught by their parents to collect coins and start a coin collection.
Which precious metals should one start investing in as a first time investor?
Depending on how much you have to invest you would start with gold or silver. Most of our customers who invest $20,000 or more invest in both gold and silver.
What are some of the most popular APMEX products for first time investors?
The most popular APMEX products are the 1oz. Gold and Silver American Eagles. The Canadian Gold and Silver 1oz Maple Leaf is not too far behind. APMEX branded Gold and Silver bars & rounds are also popular.