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What is the best way to invest a small amount of money into a retirement account?
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The best way to invest a small amount of money into a retirement account is to start small and regularly add to it over time. Consider dollar cost averaging, which means investing a set amount of money at regular intervals. This can help reduce the short-term impact of stock market fluctuations and spread out investment costs. It is also beneficial to diversify your investments as much as possible. Research different types of retirement accounts to find the one that best suits you and your financial goals.