SMART Investing entails making financial decisions based on the following guiding principles:
1)Prevent losing your principle by safeguarding your first investment.
2)Avoid trying to profit quickly by making predictions about transient trends. Instead, to save money on taxes and other expenses, seek for high-quality investments and hold them for a long time.
3)Depending on your risk tolerance and tax efficiency, take into account all of your investing possibilities, including stocks, bonds, and real estate.
