Hi everyone. Three months ago, I started investing in ETFs. Every month, I invest €150 in the exact same ETF. However, I’m not sure if this actually makes sense. The issue is that the ETF I’m investing in is constantly rising in value; as a result, the share price each month turns out to be significantly higher than it was the month before. Does it make sense to invest a fixed amount every month when the ETF is experiencing continuous growth? I’m not a professional; I’m simply investing for the purpose of passively accumulating wealth over the long term. This way, my funds are protected against inflation.
Here is the price history for the ETF I’m investing in:
Share price at the time of the first transaction: €281.85
Share price at the time of the second transaction: €295.15
Share price at the time of the third transaction: €309.30
So, let me ask again: does this approach to investing make sense?