Bullion Max Reviews

BullionMax has been a Canadian precious metals dealer in business since 2003. They offer a wide range of products, including gold, silver, platinum, and palladium coins and bars. They also offer numismatic coins, collector coins valued for their rarity rather than their precious metal content.

BullionMax has a BBB rating of A+, and its website is secured with SSL encryption. They offer free shipping on orders over $500 and have a “no questions asked” return policy.

Research about BullionMax as a potential dealer for investing in precious metals. This post will cover their product selection, pricing, customer service, and more.

What Are the Pros and Cons of BullionMax

Gold Bars

Gold and silver BullionMax can be a great investment, but there are also some potential downsides to consider before investing. On the plus side, BullionMax can provide a hedge against inflation and a way to preserve wealth. Gold and silver prices tend to rise when inflation is high. BullionMax can also be a good investment during economic downturns since precious metals usually hold their value well during times of economic turmoil.

On the downside, BullionMax can be a volatile investment. Prices can fluctuate sharply, and there is always the risk that the price of gold or silver could drop sharply. Gold and silver prices are also affected by geopolitical events, so investors need to be aware of current events when considering investing in precious metals.

 

Here are a few takeaways that were influenced by what we you can read at Cayman Financial Review, as they posted a Bullion Max review that was pretty in depth.

BullionMax Pros

·       They offer competitive pricing.

No matter what investors are looking for, finding a company that offers competitive pricing is important. This way, they can be sure that they’re getting the best possible deal on the products or services they need. There are a few ways to determine if a company offers competitive pricing. First, they can check the company website. Most companies will list their prices online. If interested individuals can’t find the prices on the website, they can always call or email the company and ask for a quote. Another way to determine if a company offers competitive pricing is to read online reviews. Customers will often mention pricing in their reviews, so they can get an idea of what others have paid. When looking for a company that offers competitive pricing, it’s important to conduct research. This way, individuals can be sure that they’re getting the best possible deal.

·       Investors can sell their coins and bars to BullionMax.

When it comes to selling coins and bars, BullionMax is the best option. The company offers the highest prices for owners of precious metals, making the process easy and convenient. They can simply send their items, and the company will send a check. There are no hassles or hidden fees, just a quick and easy transaction.

·       The Knowledge Base includes useful information for those new to investing in precious metals.

For those new to investing in precious metals, here is the right place. The Knowledge Base includes useful information for those new to investing in precious metals. From the basics of what precious metals are to the different types of investments they can make, they’ve got everyone covered.

Precious metals are a safe and stable investment and can be a great way to diversify portfolios. Gold, silver, platinum, and palladium are all popular choices for investors. But with so many options out there, it can be hard to know where to start.

Bullion Max Cons

·       The company has only been in business since 2020.

The company has only been in business since 2020 but has already made a big splash in the industry. Its products are top-of-the-line, and its customer service is impeccable. I recently worked with the company, and I can attest to its professionalism and quality. I’m excited to see what the future holds for this company!

·       There are limited BullionMax reviews online.

When it comes to online gold dealers, BullionMax is not one of the more popular choices. This may be due in part to the fact that BullionMax reviews online are limited. However, this does not mean that BullionMax is not a reputable dealer. BullionMax is a BBB-accredited business with an A+ rating.

·       Investors need a minimum of $199 spending to get free shipping.

The holidays are coming up, and that means online shopping. Many online retailers offer free shipping, but some have a minimum purchase amount is needed to reach to get the free shipping. Is it worth spending an extra $199 to get free shipping? Then research to find out.

·       This company is not an IRA custodian.

Self-directed IRAs can be a great tool for investors with more control over their retirement planning. However, not all IRA custodians offer self-directed options. This can be frustrating for investors who want the flexibility and control that a self-directed IRA can provide.

Fortunately, several companies do offer self-directed IRAs. One of these is Rocket Dollar. Rocket Dollar is a company that specializes in self-directed IRAs. They are not an IRA custodian company too. This means they can offer investors a wider range of options and flexibility regarding their retirement planning.

Rocket Dollar is a great option for investors looking for a self-directed IRA. They offer a wide range of options and flexibility to help investors better plan their retirement.

What Is the Importance of Bullion Max Reviews 

When investing in precious metals, doing some research is crucial. This is where Bullion Max comes in. Bullion Max has been a Canadian precious metals dealer in business for over 10 years. They offer a wide range of products and services, and their website is full of information on the topic of precious metals investing.

Reviews are among the most important things to look for when researching a precious metals dealer. This is where Bullion Max shines. There are dozens of Bullion Max reviews online that are overwhelmingly positive. People have praised the company for its great customer service, low prices, and fast shipping.

For those considering investing in precious metals, then they should definitely check out Bullion Max. Their website is a great resource; their reviews show that they are a reputable and trustworthy company.

In conclusion, Bullion Max has owners’ gold covered, whether it is for investing or personal enjoyment. With four locations in Southern California, the company provides safe, reliable precious metals storage, including a small selection of jewelry watches.

Oxford Gold Group Review

Oxford Gold Group is a company that helps its customers to purchase precious metals investments for their retirement accounts. It’s run by industry veterans with years of experience under their belts in this field.

The company does excellent work for its customers and provides the proper services at a low commission price. They even have a fantastic customer service group in place to help their customers at a moment’s notice. They work hard to make sure everyone who does business with them is treated like a partner, and each transaction is of the utmost importance to this excellent organization.

The ownership is incredibly proactive and works within the company helping customers benefit from their recommendations, wisdom, and experience. Customers like working with the owners as well because it tells them that the company cares about them and is willing to work hard on their behalf. This is a big benefit and boon to the organization, which makes it easy for customers to plan and purchase precious metals for their retirement accounts.

Customers are also given the chance to buy precious metals in the physical form on a personal level, meaning outside of her retirement account. Or if they prefer, they can open up a precious metals IRA and by gold and silver as part of their retirement investments.

Customers can purchase gold, silver, or platinum through Oxford Gold Group. They sell these precious metals in the form of coins and bars and they qualify for precious metals IRAs.

More importantly, customers can have their questions answered and concerns met by visiting the website. Download content designed to provide an education, because it teaches buyers all they’ll need to know about the transaction process and more.

Do you plan to buy physical precious metals for retirement? Learn how to get started by continuing with this article below.

Oxford Gold Group Services and Products

The organization offers a number of different products and services to their clientele. Their precious metals are available in coin form including Canadian Maple Leafs, American Eagles, Australian Kookaburras, and other coins.

They sell bars made of gold, silver, and platinum in 10-ounce, 100 ounces, or 1-ounce form.

Right now, the precious metals IRA deposit amount is between $6000-$7000, depending on your age. The tax benefits are tremendous, so adding to your account at this level each year means growing your account exponentially. Distributions are allowed from this account at 59.5 years old or older.

Another distribution rule is the upper age limit. You must begin taking distributions from this account once you reach 70.5 years old. But you don’t have to clear out the account and you can take as much or as little as you want.

From what I can tell about retirement planning, using an IRA account as your vehicle for retirement is great for people that work from home, or a solo entrepreneur, or want another retirement option besides the one their employer offers.

While doing business with the Oxford Gold Group, an investor can start a gold IRA rollover or transfer and move money from their existing retirement account into their new precious metals IRA.

Costs & Fees

For account holders of a precious metals IRA, investors are only required to pay a flat fee for maintenance every year. The maintenance fee depends on how much money and investments are in your gold IRA account. On the lower range, you’ll pay roughly $175 per year. On the higher range, you’ll pay about $275 per year.

This group has partnerships with Strata Trust Company and Equity Institutional already in place, so their custodial services are offered at a flat fee to Oxford customers.

Oxford even likes to give their customers who remain loyal to them rebates for maintenance fees when they have larger accounts. And also depending on the size of the account, they may even provide bigger rebates that last for a longer amount of time. In some cases, customers can get free maintenance and storage for as many as three years if they meet the investment requirement.

Storage fees will also typically run an Oxford Gold group customer between $75-$225 per year, depending on certain factors like segregated storage, co-mingled storage, and the particular company that you end up doing business with. Even more important, they are willing to provide customers with rebates for storage fees for 1-5 years, but investment account size plays a role in this as well.

Oxford never charges their customer shipping fees, which will certainly help individual investors save their hard-earned cash. As you can imagine, they take a small commission on precious metals purchases, which makes sense because they have to earn a living somehow, right?

During the purchasing process, customers are expected to invest a minimum of $7500 in their precious metals IRA. On the other hand, if they are only investing in non-IRA precious metals, they can spend a minimum of $1500.

Oxford Gold Group also provides customers access to their buyback program, which makes liquidating precious metals a cinch when needed.

Oxford Gold Group Precious Metals Investing

No one should be particularly shocked to find out that precious metals are a high-priced commodity that offer excellent value. Nevertheless, investing in a self-directed traditional or Roth IRA usually provides even greater value for investors when buying gold or silver bullion and other metals. The long-term appreciation of these precious metals produces big returns over time.

When doing business with Oxford Gold Group, customers know that they are confidently getting the best help and investments possible for their IRA, because Oxford knows and understands the rules, they have great connections with excellent storage facilities, and their custodians are top-notch.

The majority of people think about buying stocks when they think about investing. And it’s a great strategy, but there is greater value to buying physical precious metals.

What about crashes in the stock market? What about a failing US dollar? Investing in silver and gold protects against negative fallout in these areas.

Regardless, you can stop worrying about unprotected digital transactions or hackers stealing your wealth. Not when you own physical precious metals, they aren’t going to break into a highly protected storage facility with thick vaults protecting your gold, silver, and other metals.

Buying precious metals is the better choice when compared to purchasing diamonds and other gemstones. These gems are often cotton by spilling blood and certain companies have monopoly over them. DeBeers is a good example of a monopolistic company. Buying precious metals is easier and the market is liquid, so you’ll never have trouble selling your investment after it’s accrued greater value.

All precious metals investments gains must be reported to the IRS. Failure to do so could lead to serious tax consequences. You must file Form 8300 and give it to the IRS if you purchase precious metals worth $10,000 or more. Your Oxford Gold group representative will help you with this paperwork.

Opening a Precious Metals IRA the Right Way

The account creation process for a precious metals IRA has been simplified at Oxford Gold group. They made it easier than ever to open the account and have all of the paperwork completed within 15 minutes.

Even better, if you prefer to open the account over the phone, you can begin the IRA rollover right away and have the Oxford representative work with you and take down all of your information within a few minutes.

Once the paperwork is done, they’ll open your new account and you can have it funded within 24 hours.

Oxford will contact your new custodian, initiate the transfer or rollover, and begin the funding process immediately. The whole process from start to finish takes roughly 3-10 days, but occasionally it could take longer if the specialist were to hit any snags.

After the account is activated, an Oxford representative will speak with their new customer to talk about purchasing precious metals, and they’ll teach you how to properly invest in a gold IRA.

Why Should Anyone Purchase Gold for Their Self-Directed IRA?

A precious metals IRA is created to offer a safe and protected way to purchase alternative assets for retirement. This is a special account because there are tax advantages and it provides people with an excellent way to save money for their retirement besides traditional stocks, bonds, and mutual funds.

This is an account specifically designed for long-term investing, so you’re expected to add money to this fund every year to maximize your benefits. Your account will grow tremendously over time if you follow this path, which is a reliable way to retire comfortably even when you only begin investing with a minuscule amount of money.

Keeping your IRA account filled with cash as opposed to physical precious metals will limit your potential. As an alternative, you should purchase platinum, gold, and silver investments whenever possible. These assets are dependable and known for their growth capabilities over time.

With all of the problems taking place in the world today like wars, product shortages, inflation, and lockdowns, it’s wise to buy precious metals to offset some of the investing devastation while protecting your assets.

In lieu of seeing your retirement account crumble before your eyes, you can choose prosperity as an alternative by hedging against inflation and protecting against a distressing stock market. Understand your risks and recognize the rewards as well, because having zero protection in place often leads to future economic hardships.

Complaints about Oxford Gold Group

Oxford has received positive praise and high accolades on TrustPilot over the years. Their current rating is 4.9 out of 5 stars. The Better Business Bureau has also rated Oxford Gold Group quite highly. In fact, their overall rating is five out of five stars, and they’ve received only one complaint in all this time.

FAQ for Oxford Gold Group

What Storage Option Should I Use When Buying Precious Metals with Oxford Gold Group?

This all depends on the way you invested. As a gold IRA account holder, your best bet is to work with Brinks or Delaware Depository or another trusted organization. Oxford has connections with these companies and they’ll help you get started with these valuable facilities.

If you’re buying gold investments in a non-IRA fashion, then you can bring the investments home or put them in your safety deposit box if you prefer. You should buy a safe and keep your precious metals stored within if you decide to keep them at home.

With a precious metals IRA, it’s against the rules to bring precious metals home and you aren’t allowed to store them in a safety deposit box either. They must be stored with an approved storage facility.

Is Investing in a Precious Metals IRA a Risky Proposition?

Some investors are led to believe that buying physical precious metals like silver and gold is the riskiest investment in the world. These people tell investors to keep their money in stable investments instead.

Guess what? Investments are never stable. The stock market is in a bear market right now and it’s been selling off for months. Cryptocurrencies are at their lowest levels in years at the moment. Inflation is running rampant and the world’s economy is in shambles. Does any of this sound safe to you? Or does every investment carry some risk?

Precious metals IRA accounts will shore up your portfolio. It’s a long-term strategy for investing and it’s a very good one. Believe it or not, the value of gold has consistently risen by 10% per year on average for the past 52 years.

To explain this better, some years gold might rise 75% in value. Other years, gold might lose 20% in value. But over the course of 52 years, gold has averaged 10% a year, which is a fun nominal return on investment and it’s the reason why you should hold onto gold for the long term.

Which Retirement Accounts Are a Valid Option When Working with Oxford Gold Group?

Investors have access to a few different types of retirement accounts.

They include:

  • SEP IRAs
  • SIMPLE IRAs
  • Gold IRA rollovers
  • 401(k) plans
  • Roth IRAs
  • Traditional IRAs

Talk to your Oxford Gold group representative to determine which retirement account best meets your needs.

Do I Need to Find My Own IRA Custodian?

It’s certainly your right and prerogative to look for a custodian on your own, but it isn’t 100% necessary. Oxford Gold Group already has great relationships with STRATA and Equity Institutional, so there’s no need to look any further if you don’t feel like it.

On the other hand, the IRS provides an approved custodian’s list that they keep updated regularly. If you decide to go out on your own to find your custodian, use their list because they must have IRS approval to qualify.

All in all, if you pick your own custodian, check to see if they are on the IRS approval list. Otherwise, if they aren’t on the list, they aren’t the right fit to meet your needs.

Do Gold Prices Fluctuate Regularly?

As a matter of fact, the price of gold is constantly changing throughout the day and night. This commodity never sleeps, or so it seems, so the price can change dramatically throughout the day. Keep this in mind as a gold investor.

Oxford Pros

  • This company specializes in opening precious metals IRA accounts. This is ideal for first-time investors looking to simplify the process.
  • The owners of the company have decades of experience in the precious metals market.
  • Direct-to-consumer secure shipping is provided on all transactions.

Oxford Cons

  • Limited employees handle gold IRA accounts of the companies, so it takes extra time to finish transactions.
  • Customer service isn’t available all day and night on the weekends. It only remains open for a short window of time.

Bottom Line

Oxford Gold Group entered the precious metals market with a bang, because the owners of the company knew that they can help people by using their years of experience to guide them. Plus, they knew how to provide the best products and services at a low price because of their experience.

The owners developed strategic partnerships with IRA custodians and gold storage companies. This simplifies the entire precious metals IRA process from start to finish and makes it easier on new customers.

Would you like to begin investing in a precious metals IRA? Contact Oxford Gold group right away by calling 888-200-5586 to begin your precious metals investing journey.